The Social Security Administration (SSA) has confirmed that paper check payments will be discontinued by the end of September 2025. Starting September 30, all Social Security disbursements will be made electronically, either through direct deposit or the Direct Express debit card. This transition is part of a broader modernization strategy initiated by the Trump administration, […]
In a major reversal, the Social Security Administration (SSA) has decided not to fully eliminate paper checks for benefit payments by September 30, 2025. This shift back follows legislative pressure and aims to protect vulnerable populations who still rely on mailed checks for receiving Social Security, SSDI, and SSI payments. Why the SSA Wanted to […]
Thousands of Social Security recipients are now facing significant cuts to their monthly benefits, as the Social Security Administration (SSA) begins enforcing a new overpayment recovery policy. Starting late July 2025, the SSA implemented a 50% withholding on monthly payments for recipients who owe outstanding overpayment debts—a dramatic increase from the previous 10% standard. This move is part of a larger effort to recover […]
The U.S. Social Security system—a foundational financial lifeline for retirees, disabled workers, and survivors—is heading toward a major funding crisis. Unless urgent reforms are enacted, the program will only be able to pay 77% of scheduled benefits starting in 2033. This shortfall could impact millions of current and future beneficiaries across the country. Let’s break down what’s happening, why it matters, […]
August 2025 brings a payment twist for Supplemental Security Income (SSI) recipients in the U.S. Instead of receiving one monthly deposit, eligible individuals will get two SSI payments—the standard August payment and an early September payment, bringing the potential total to $1,939.30 for individuals and up to $2,900 for eligible couples. Let’s break down why […]
For millions of retirees, Social Security benefits provide essential monthly income. In 2024, the average Social Security check is $1,907, but with rising inflation and a new 2.5% Cost-of-Living Adjustment (COLA) for 2025, changes are coming. While this update means a slight increase in benefits, many fear it won’t be enough to keep up with the cost of living. If […]
If you’re receiving Social Security Disability Insurance (SSDI) or planning to apply, the 2025 SSDI pay chart is now available, and it’s vital for planning your monthly budget. The Social Security Administration (SSA) has confirmed a 2.5% Cost-of-Living Adjustment (COLA) for 2025, giving a modest but meaningful boost to monthly benefits in a year where […]
The Social Security Administration (SSA) is preparing to roll out its August 2025 payments, and millions of beneficiaries across the United States will receive their checks or direct deposits soon. Depending on the type of benefits you’re entitled to and your birthdate, your payment date and amount will vary. In some cases, recipients may receive two or even three payments during the […]
The Cost-of-Living Adjustment (COLA) is an annual increase applied to Social Security and other federal benefits to ensure that payments keep up with inflation. For millions of Americans, the COLA is a vital financial lifeline, especially for those on fixed incomes. With the 2026 COLA on the horizon, it’s time to break down the expected increase, eligibility, and payment dates to help you […]
A major change is coming for millions of Americans receiving Social Security payments. Starting September 30, 2025, the Social Security Administration (SSA) will eliminate paper check payments, pushing all beneficiaries to switch to electronic payment methods. While the majority of recipients already receive funds via direct deposit or prepaid debit cards, nearly half a million individuals still rely on traditional mailed checks—putting them at risk of missed […]
