Social Security recipients warned: Payments will be late this month, and here's how much you'll be missing out on.

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Posted by AI on 2025-05-13 02:10:25 | Last Updated by AI on 2025-12-23 04:01:38

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Expect a slightly shorter direct deposit this month, seniors. The Social Security Administration (SSA) has confirmed that payments will be delayed by several hours due to a tech update, leaving many seniors worried about their expenses. The delay comes as SSA officials try to implement a new system to accommodate the record-high number of Americans benefiting from the program. Here's how much you'll be missing out on if you're expecting a check this week.

The government agency has warned that the delayed payment schedule could cause cash flow issues for some seniors, and prompt scrutiny of upcoming expenses, including mortgages and bills. The SSA has acknowledged the issue, but says the short-term inconvenience is necessary to make sure that all recipients get their payments in the coming months.

For those expecting a payment tomorrow, the delay means you'll be receiving slightly less in your account than expected. If you're one of the millions who rely on the payment to make ends meet, it may be worth considering revising your budget accordingly or seeking assistance from a financial advisor to make sure you're prepared for the lower deposit.

This technical snafu is just the latest in a series of hurdles the SSA has faced in recent years. Earlier this year, the agency announced that it was seeking sharp increases in fees from disability and retirement applicants, with retirement applicants 12-13% more likely to abandon the process altogether if the new fees go through.

The SSA is expected to provide further updates on the delayed payments soon, and we'll keep you updated as the situation develops.

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