Tag

Beneficiaries

All articles tagged with #beneficiaries

2026 Social Security Payment Schedule and Key Changes

Originally Published 11 days ago — by Business Insider

Featured image for 2026 Social Security Payment Schedule and Key Changes
Source: Business Insider

In 2026, Social Security beneficiaries will receive their monthly payments on Wednesdays, with the schedule based on their birth dates, similar to 2025. The year will also see a cost-of-living adjustment, Medicare increases, and potential tax relief, supporting around 74 million Americans relying on these benefits.

Government Shutdown Delays Social Security COLA Announcement and Payments

Originally Published 2 months ago — by ABC News - Breaking News, Latest News and Videos

Featured image for Government Shutdown Delays Social Security COLA Announcement and Payments
Source: ABC News - Breaking News, Latest News and Videos

The announcement of the 2024 Social Security cost-of-living adjustment (COLA) has been delayed due to the ongoing government shutdown, which also affects the timing of benefit increases and highlights concerns about rising costs and the calculation method for COLA, with proposals to change the index used to better reflect older Americans' expenses.

2026 Social Security COLA announcement delayed by government shutdown

Originally Published 2 months ago — by AP News

Featured image for 2026 Social Security COLA announcement delayed by government shutdown
Source: AP News

The government shutdown has delayed the announcement of the 2024 Social Security COLA, now expected on October 24, affecting millions of beneficiaries and highlighting concerns about the adequacy of the increase amid rising costs and proposed legislative changes to better reflect older Americans' expenses.

2026 Social Security COLA: Announcement Delay and Impact of Government Shutdown

Originally Published 3 months ago — by AL.com

Featured image for 2026 Social Security COLA: Announcement Delay and Impact of Government Shutdown
Source: AL.com

The announcement of the 2026 Social Security COLA may be delayed due to a government shutdown, with projections suggesting a 2.6% increase if the government reopens by mid-October; otherwise, the delay could impact the timing of the announcement, though beneficiaries will still receive payments.

2026 Social Security COLA: Key Updates and Impact for Beneficiaries

Originally Published 3 months ago — by Azat TV

Featured image for 2026 Social Security COLA: Key Updates and Impact for Beneficiaries
Source: Azat TV

The Social Security COLA for 2026, expected to be announced in October 2025, will adjust benefits based on inflation data from 2025, helping beneficiaries maintain their purchasing power amid rising living costs. The adjustment depends on factors like inflation trends, energy, healthcare, and housing prices, and will take effect in January 2026. Beneficiaries are advised to stay informed and plan accordingly.

Social Security and Federal Payments Transitioning to Digital Payments

Originally Published 3 months ago — by The Washington Post

Featured image for Social Security and Federal Payments Transitioning to Digital Payments
Source: The Washington Post

The U.S. Treasury Department will stop issuing paper checks for federal payments, including Social Security, by September 30, shifting to electronic payments to improve efficiency and reduce fraud, though concerns remain about the impact on vulnerable populations who rely on paper checks.

Social Security Changes Coming on Sept. 30 Under Trump

Originally Published 4 months ago — by The Motley Fool

Featured image for Social Security Changes Coming on Sept. 30 Under Trump
Source: The Motley Fool

President Trump signed an executive order requiring the end of paper Social Security checks by September 30, 2023, transitioning beneficiaries to digital payments to reduce costs, increase safety, and improve efficiency, affecting over 500,000 recipients still receiving paper checks.

Trump Admin Introduces New, Optional Changes to Social Security Policies

Originally Published 5 months ago — by NewsNation

Featured image for Trump Admin Introduces New, Optional Changes to Social Security Policies
Source: NewsNation

The Trump administration clarified that a proposed change to the Social Security Administration's phone policy, which would have made routine account updates more burdensome, is now optional, alleviating concerns about increased obstacles for seniors and disabled individuals. The change would have required visits to field offices and online PIN authentication, but beneficiaries can now choose not to use the PIN and avoid office visits.

Social Security Administration's Mixed Messages on Tax Cuts and Benefits

Originally Published 6 months ago — by NBC News

Featured image for Social Security Administration's Mixed Messages on Tax Cuts and Benefits
Source: NBC News

The Social Security Administration sent a misleading email claiming that the recent tax law eliminates taxes on Social Security benefits for most recipients, which is false; the law does not change the taxation of Social Security benefits, and the email has been criticized as politically motivated and inaccurate.

Over 1 Million Beneficiaries Face Social Security Garnishments and Reduced Payments in July

Originally Published 6 months ago — by The Motley Fool

Featured image for Over 1 Million Beneficiaries Face Social Security Garnishments and Reduced Payments in July
Source: The Motley Fool

Starting July 24, over 1 million Social Security beneficiaries who were overpaid will face garnishments of up to 50% of their benefits, but there are legal ways to reduce or avoid these garnishments, such as requesting a waiver or appealing the overpayment.

Major Changes to Social Security in July: Garnishments, Tax Relief, and Benefit Reductions

Originally Published 6 months ago — by Yahoo Finance

Featured image for Major Changes to Social Security in July: Garnishments, Tax Relief, and Benefit Reductions
Source: Yahoo Finance

Starting July 24, over 1 million Social Security beneficiaries will face garnishments, including a 15% rate for those with delinquent student loans, amid recent policy changes under President Trump aimed at reducing fraud and administrative costs. Beneficiaries can explore options to reduce or waive repayment of overpayments.

June 2025 Social Security Payment Schedule and SSI Check Updates

Originally Published 7 months ago — by Fingerlakes1.com

Featured image for June 2025 Social Security Payment Schedule and SSI Check Updates
Source: Fingerlakes1.com

In June 2025, there will be no Social Security or SSI payments due to scheduling adjustments, with an early payment made on May 30 for SSI beneficiaries. Future months will see double payments in August, October, and December when the first of the month falls on a weekend or holiday. Beneficiaries should plan ahead and stay informed about the SSA's payment schedule.