SSI recipients are getting two payments in May. We'll tell you why this happens and when you can expect it to happen again this year.

The Social Security Administration (SSA) has confirmed that it will send payments averaging $2,000 to millions of beneficiaries on May 14. This update follows the 2.5% cost-of-living adjustment (COLA) increase.

In May, some SSI recipients will notice two payments instead of one. This isn't an extra benefit but a scheduling adjustment due to calendar quirks. Discover who qualifies and how this impacts your finances.