Social Security's Paper Checks Are GONE + 2026 COLA Prediction (2.7%?)
Автор: Income Sector
Загружено: 2025-10-05
Просмотров: 385
Описание:
Social Security just made major changes for October 2025 that you need to know about NOW. Paper checks are officially GONE as of September 30th, 2025 - the SSA now exclusively uses electronic payments through direct deposit or Direct Express debit card.
2026 COLA Projection: 2.7% - Official announcement coming October 15th, 2025. If accurate, this means the average monthly retirement benefit increases by approximately $54/month.
📅 Key October 2025 Updates:
✔️ Paper checks permanently ended (Sept 30, 2025)
✔️ SSI recipients get TWO payments this month (but November's is advanced - not extra income!)
✔️ 2026 COLA estimated at 2.7% (official announcement Oct 15)
✔️ Average benefit could increase ~$54/month
⚠️ Long-Term Outlook: The Old Age and Survivors Insurance Trust Fund is projected to be depleted by late 2032. Without congressional action, beneficiaries could face automatic benefit reductions.
What you must do: Switch to direct deposit or Direct Express card if you haven't already. Learn how the 2026 COLA will impact YOUR specific benefits.
📋 DISCLAIMER
This video is for informational and educational purposes only and does not constitute financial, legal, tax, or professional advice. Social Security regulations, benefit calculations, and eligibility requirements are complex and vary based on individual circumstances including work history, age, income, disability status, and other factors.
The information presented in this video is based on publicly available data, Social Security Administration reports, and projections current as of the publication date. Projections, estimates, and forecasts (including COLA predictions) are subject to change and may differ from official announcements or final determinations.
We strongly recommend that you:
Consult with a qualified financial advisor, tax professional, or Social Security expert for advice tailored to your specific situation
Contact the Social Security Administration directly at 1-800-772-1213 (TTY 1-800-325-0778) or visit www.ssa.gov for official information
Review your personal Social Security statement and benefit estimates at www.ssa.gov/myaccount
This channel and its creator(s) are not affiliated with the Social Security Administration and assume no liability for decisions made based on the information provided in this video. Viewers are responsible for verifying all information and making informed decisions regarding their benefits.
By watching this video, you acknowledge that you understand this disclaimer and agree to use the information at your own discretion and risk.
#SocialSecurity #COLA2026 #SocialSecurityUpdate #RetirementPlanning #SSI #SocialSecurityBenefits
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