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Home Personal Finance

What it means for Social Security checks

by Investor News Today
October 2, 2025
in Personal Finance
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What it means for Social Security checks
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Richard Stephen | Istock | Getty Pictures

Social Safety companies through the shutdown

Native workplaces will stay open, however companies might be diminished, in line with the Social Security Administration.

In keeping with the company, shoppers can nonetheless:

  • apply for advantages
  • request an attraction
  • change deal with or direct deposit info
  • report a demise
  • confirm or change citizenship standing
  • exchange a misplaced or lacking Social Safety cost
  • acquire an expedited cost in an emergency
  • change a consultant payee,
  • acquire a brand new or substitute Social Safety card

SSI beneficiaries will nonetheless have the ability to make modifications to their residing preparations or revenue.

Workplaces might be open for hearings earlier than administrative legislation judges.

Here's how to manage your finances during a government shutdown

Nevertheless, sure in-person companies is not going to be out there, in line with SSA, together with:

  • proof of revenue letters
  • updates or corrections to earnings information
  • overpayment processing

It additionally is not going to be attainable to switch Medicare playing cards, the company mentioned.

To entry profit info and companies, SSA is urging people to go online to their on-line My Social Security accounts.

Social Safety COLA could also be delayed

A authorities shutdown may delay the discharge of key economic data.

New client value index knowledge is scheduled to be launched on Oct. 15. The Social Safety Administration is anticipated to announce the 2026 cost-of-living adjustment this month based mostly on that knowledge.

If the CPI knowledge launch is delayed, that will have an effect on when the Social Safety COLA is introduced, in line with the Department of Labor.

Greater than 74 million beneficiaries might even see a rise of their month-to-month funds subsequent 12 months, based mostly on the annual inflation adjustment. Estimates launched in September pointed to a 2.7% to 2.8% profit enhance for 2026, which might push the common retirement profit up by about $54 per thirty days.

‘The query is, is it going to be an extended shutdown?’

Not counting the present one, the federal authorities has had 14 shutdowns since 1980, in line with the Bipartisan Policy Center.

This lapse “feels totally different” as a result of sturdy political opposition between the events, mentioned Maria Freese, senior legislative consultant on the Nationwide Committee to Protect Social Safety and Medicare.

On Tuesday, President Donald Trump mentioned the federal funding lapse could result in “irreversible” cuts to well being care and social profit packages. Trump didn’t elaborate on precisely which packages could possibly be affected. The White Home didn’t reply to a request for additional info by press time.

The Nationwide Committee to Protect Social Safety and Medicare continues to be telling those who profit checks will proceed to exit, Freese mentioned.

“The query is, is it going to be an extended shutdown?” Freese mentioned. “It does take some time to get these companies shut down, so if it is solely a few days, folks do not even actually discover.”



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