Social Security checks come later in May

Newsweek - Millions of Social Security beneficiaries will face a longer-than-usual wait for their next payment, according to the Social Security Administration’s benefit schedule.

The delay isn’t the result of a policy change or benefit cut. Instead, it stems from how the calendar falls this spring. However, it is a quirk that can catch retirees and other recipients off guard if they’re not expecting it.

“Most seniors don't realize their May Social Security check isn't late, the calendar just shifted on them. Because May 1 falls on a Friday, the first Wednesday payment doesn't land until May 13,” Michael Ryan, a finance expert and founder of MichaelRyanMoney.com, told Newsweek.