Social Security, government shutdown
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Due to a quirk in the payment schedule for Social Security this month, some Social Security recipients will receive two checks
The official COLA increase for 2026 was slated to be announced soon, but thanks to the government shut down, it may be delayed.
Governor Gretchen Whitmer signed a budget bill Thursday, Oct. 8, 2025, in Trenton -- delivering significant tax relief to working Michiganders and seniors.
The first wave of direct deposit Social Security payments for the month of October is set to be sent to recipients this week, with this month marking the first under the agency’s new paperless policy. Starting in October, most recipients will need to have a direct deposit set up with a bank account or use a Direct Express card.
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Social Security recipients getting double payments this October due to calendar scheduling quirk
The Administration will send two SSI payments in October 2025, with one payment on Oct. 1 and another on Oct. 31 due to the 2025 calendar scheduling.
This year’s Cost-of-Living Adjustment announcement, scheduled for October 15, may be pushed back due to the government shutdown.
Social Security Administration Commissioner Frank Bisignano will also take on the newly created role of Chief Executive Officer of the Internal Revenue Service, the Treasury Department announced Monday.
Social Security benefits are an important source of income for most retired workers, so the annual cost-of-living adjustment (COLA) is always a highly anticipated event. Next week, the Social Security Administration will announce the upcoming 2026 COLA on Oct. 15, provided the federal government shutdown has ended.
Treasury Secretary Scott Bessent said Bisignano will continue to lead the Social Security Administration while also taking on the new IRS role.
The Trump administration is reportedly weighing up a proposal to remove age as a factor in determining a person’s ability to work.
A couple turning 60 this year would face an $18,400 Social Security cut, according to the Committee for a Responsible Federal Budget.