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December marks the final month that Social Security recipients will get checks based on this year's historically high cost-of-living adjustment (COLA). The 2023 COLA of 8.7% was the biggest in more ...
On Sept. 30, the Social Security Administration will no longer issue paper benefit checks. In March, President Trump mandated the transition to electronic payments.
Social Security payments go out this month on a normal schedule. However, if you happened to have been overpaid by the Social Security Administration (SSA), your check may soon be a bit smaller.
Social Security Econofact Econofact Opinion: Why your Social Security check could shrink by nearly 20% — and more if jobs are scarce America’s retirement trust fund is expected to run dry by 2034.
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