Social Security, shutdown and US government
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The Social Security Administration sends some benefits early when the 1st falls on a weekend or holiday. Here’s which recipients will get a double payment this month.
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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.
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.
The official COLA increase for 2026 was slated to be announced soon, but thanks to the government shut down, it may be delayed.
Treasury Secretary Scott Bessent said Bisignano will continue to lead the Social Security Administration while also taking on the new IRS role.
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 was named to the newly created position of CEO of the IRS on Monday, making him the latest member of the Trump administration to be put in charge of multiple federal agencies.
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The SSA uses September’s CPI to chart cost-of-living adjustments, but the Bureau of Labor Statistics has halted data collection.
Frank Bisignano, who already leads the Social Security Administration, will also take on the day-to-day duties of the tax collector.
The Trump administration is reportedly plotting a major overhaul of Social Security that could see hundreds of thousands of older Americans lose their disability benefits. The Social Security Administration (SSA) is considering eliminating age as a factor in determining eligibility for disability payments,