Latest news with #SSI
Newsweek
a day ago
- Business
- Newsweek
When Are August 2025 Social Security Payments Coming?
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The next installment of Social Security benefits will be paid in August—but when will you get yours? Why It Matters Over 70 million Americans rely on the Social Security Administration (SSA) for monthly retirement benefits and financial assistance for those with disabilities. But because of the sheer volume of recipients, payments aren't issued all at once. When Are Social Security Payments Coming in August 2025? Most recipients, particularly retirees, are paid according to their date of birth. There are some exceptions, including a separate payment date for individuals who started receiving retirement, spousal, or survivor benefits before May 1997, or who also qualify for Supplemental Security Income (SSI). SSI is a federal assistance program offering monthly payments to people with disabilities or blindness, and to adults 65 and older who meet financial criteria. Checks will be issued on the following dates in August: Friday, August 1: SSI payments and retirement benefits for those who have been collecting checks since before May 1997 and retirees who also collect SSI benefits. SSI payments and retirement benefits for those who have been collecting checks since before May 1997 and retirees who also collect SSI benefits. Wednesday, August 13 : Retirement, spousal and survivor benefits for those born between the 1st and 10th of any calendar month : Retirement, spousal and survivor benefits for those born between the 1st and 10th of any calendar month Wednesday, August 20 : Benefits for those born between the 11th and 20th : Benefits for those born between the 11th and 20th Wednesday, August 27 : Benefits for those with birthdays between the 21st and 31st : Benefits for those with birthdays between the 21st and 31st Friday, August 29: SSI payments. This payment would usually come at the first of the month for September. However, due to September 1 falling on Labor Day, a national holiday, the payment will be made slightly earlier. Stock image/file photo: A Social Security card with U.S. Dollars. Stock image/file photo: A Social Security card with U.S. Dollars. GETTY How Much Social Security Can I Get? In May 2025, the SSA reported that the average retirement benefit reached $2,002.39—a milestone as it surpassed $2,000 for the first time. Meanwhile, SSI recipients, totaling 7.4 million people, received an average of $718.30. It's important to note that individual benefit amounts differ. Retirement payments are based on a person's 35 highest-earning years, adjusted to account for inflation, as well as the age at which you begin claiming benefits. In 2025, someone retiring at age 67—the full retirement age—can receive up to a maximum of $4,018 each month. Choosing to retire early at 62 lowers the top rate to $2,831, while waiting until age 70 increases the highest possible benefit to $5,108. There is also a projected boost in Social Security benefits for 2026, with the annual Cost of Living Adjustment (COLA) expected to raise benefits by approximately 2.6 percent, according to the most recent June estimate by The Senior Citizens League. The official announcement on how much benefits will rise by for 2026 will be made in October 2025.
Time of India
2 days ago
- Time of India
Gang robs 76-year-old small industrial unit owner at gunpoint of 6L in his Nigdi bungalow
1 2 3 Pune: A gang of robbers, comprising four men and a woman, barged into the bungalow of a 76-year-old small scale industrial (SSI) unit owner in Nigdi Pradhikaran late on Saturday night and robbed him at gunpoint. The robbers tied the victim and made away with gold, silver jewellery and cash collectively worth Rs6.25 lakh. The elderly victim was alone in the single-storeyed bungalow at the time of the incident, said police. After threatening him at gunpoint, the intruders tied him up and locked him in a first-floor room. Before this, they had already tied up the woman who works for the victim as a domestic helper and her husband in a room in the bungalow's backyard, where the couple stays. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune Deputy commissioner of police (DCP-crime) of the Pimpri Chinchwad police, Shivaji Pawar, told TOI, "After confirming that the gang had left, the senior citizen managed to set himself free and alerted his neighbours, who informed the police." Pawar said the victim's SSI unit is located in an MIDC area. His son resides with his family in Pune city. "The victim alternates between staying with his son and at the Nigdi bungalow. The woman who works for him as a domestic helper and her husband reside in a room in the backyard. The husband is a daily wage worker," the officer said. The DCP said the complainant stated that around 9.30pm, the gang broke into his bungalow and threatened him with a gun before snatching his gold chain. "The gang tied his limbs with tape and locked him in a room on the first floor. They searched cupboards and took away gold jewellery, cash, and wristwatches all worth around Rs 6.25 lakh in total and fled," Pawar said. Senior inspector Mahesh Bansode of the Nigdi police told TOI that the victim was lying in the room for some time after the gang left. When he could no longer hear them, he managed to find a pair of scissors and use it to cut the tape used to tie him. Now freed, the victim went to the room's window and raised an alarm. "His neighbours rushed to the house to help the man," said Bansode. According to the officer, when the victim and his neighbours checked the house help's room, they found that the couple had also been tied up. "Prima facie investigations revealed that the gang tied up the couple before entering the bungalow," the officer said. DCP Pawar said that the robbers did not assault or beat the victim, who told the police that there was one woman in the group. "We have fanned out teams from the Pimpri Chinchwad crime branch and from all police stations, including Nigdi, Pimpri, Sant Tukaramnagar, Chinchwad, and Bhosari, to work on different clues. A case under section 310 (dacoity) of the Bharatiya Nyaya Sanhita (BNS) has been registered with the Nigdi police," Pawar said. Pune: A gang of robbers, comprising four men and a woman, barged into the bungalow of a 76-year-old small scale industrial (SSI) unit owner in Nigdi Pradhikaran late on Saturday night and robbed him at gunpoint. The robbers tied the victim and made away with gold, silver jewellery and cash collectively worth Rs6.25 lakh. The elderly victim was alone in the single-storeyed bungalow at the time of the incident, said police. After threatening him at gunpoint, the intruders tied him up and locked him in a first-floor room. Before this, they had already tied up the woman who works for the victim as a domestic helper and her husband in a room in the bungalow's backyard, where the couple stays. Deputy commissioner of police (DCP-crime) of the Pimpri Chinchwad police, Shivaji Pawar, told TOI, "After confirming that the gang had left, the senior citizen managed to set himself free and alerted his neighbours, who informed the police." Pawar said the victim's SSI unit is located in an MIDC area. His son resides with his family in Pune city. "The victim alternates between staying with his son and at the Nigdi bungalow. The woman who works for him as a domestic helper and her husband reside in a room in the backyard. The husband is a daily wage worker," the officer said. The DCP said the complainant stated that around 9.30pm, the gang broke into his bungalow and threatened him with a gun before snatching his gold chain. "The gang tied his limbs with tape and locked him in a room on the first floor. They searched cupboards and took away gold jewellery, cash, and wristwatches all worth around Rs 6.25 lakh in total and fled," Pawar said. Senior inspector Mahesh Bansode of the Nigdi police told TOI that the victim was lying in the room for some time after the gang left. When he could no longer hear them, he managed to find a pair of scissors and use it to cut the tape used to tie him. Now freed, the victim went to the room's window and raised an alarm. "His neighbours rushed to the house to help the man," said Bansode. According to the officer, when the victim and his neighbours checked the house help's room, they found that the couple had also been tied up. "Prima facie investigations revealed that the gang tied up the couple before entering the bungalow," the officer said. DCP Pawar said that the robbers did not assault or beat the victim, who told the police that there was one woman in the group. "We have fanned out teams from the Pimpri Chinchwad crime branch and from all police stations, including Nigdi, Pimpri, Sant Tukaramnagar, Chinchwad, and Bhosari, to work on different clues. A case under section 310 (dacoity) of the Bharatiya Nyaya Sanhita (BNS) has been registered with the Nigdi police," Pawar said.
Time of India
3 days ago
- Business
- Time of India
Paper checks ending! 500,000 seniors must act fast as social security goes digital this fall
Social Security paper checks are ending this fall—here's what seniors need to know- For the roughly half a million Americans who still walk out to their mailbox each month for a Social Security check, big changes are coming—and fast. Starting September 30, 2025, the Social Security Administration (SSA) will stop mailing paper checks altogether. That means all federal benefit payments, including Social Security, Supplemental Security Income (SSI), and others, will be delivered electronically only—either via direct deposit or through a government-issued debit card. This shift was ordered by President Trump in March 2025 as part of a broader federal push to modernize and secure government payments. Explore courses from Top Institutes in Select a Course Category Data Science Data Science Leadership Others Artificial Intelligence Healthcare CXO others Cybersecurity Degree Data Analytics Management PGDM MCA healthcare Operations Management Digital Marketing Design Thinking Project Management Product Management Technology Public Policy MBA Finance Skills you'll gain: Duration: 11 Months IIT Madras CERT-IITM Advanced Cert Prog in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Postgraduate Cert in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 30 Weeks IIM Kozhikode SEPO - IIMK-AI for Senior Executives India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Prof Cert in DS & BA with GenAI India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK DABS India Starts on undefined Get Details Who is affected by the end of paper Social Security checks? Although more than 73 million Americans receive Social Security benefits today, less than 1%—roughly 520,000 people—still get paper checks in the mail. This group includes: Seniors over 80 Those living in rural or tribal areas Live Events Individuals without bank accounts People with disabilities or limited digital access SSA says it's already reaching out directly to these beneficiaries to ensure they know about the change and have time to switch to an electronic option. Why is this change happening now? This move to go fully paperless isn't just about convenience—it's about security and savings. According to the U.S. Treasury: Paper checks are 16 times more likely to be lost or stolen than electronic payments. Switching to digital methods could save the government up to $750 million annually. Plus, electronic payments are faster and more reliable, arriving directly in beneficiaries' bank accounts or on prepaid debit cards like Direct Express®. What do you need to do before the September 30 deadline? If you're still receiving a paper check, you need to take action now to avoid a payment delay—or worse, a disruption in benefits. Here are your options: Set up direct deposit: You can link your Social Security benefits to your checking or savings account. This is the fastest and most secure option. Enroll in the Direct Express® card program: If you don't have a bank account, the government offers a prepaid debit card that automatically loads your benefits each month. It's a great option for the unbanked. Apply for a waiver: If switching to electronic payments poses a serious hardship—for example, if you live in a remote area without banking access—you may be eligible for a Treasury Department waiver. But you must apply before September 30. You can make these changes by: Visiting Logging into your mySocialSecurity account Calling 1-800-772-1213 Or stopping by your local SSA office What happens if you don't switch in time? If you miss the September 30 deadline and don't apply for a waiver, your Social Security payments may be delayed, held, or temporarily suspended until you set up an approved electronic option. SSA has warned that high call volumes and in-person visits could create long wait times as the deadline approaches, so it's best to act early. Is anyone concerned about this transition? While the change promises savings and security, advocates are concerned about vulnerable groups: Seniors who aren't tech-savvy Individuals without internet or smartphone access Residents in rural or tribal areas with limited infrastructure Organizations are urging the SSA to ensure a smooth transition and offer adequate support for those most at risk of losing access to benefits. Don't wait to act The shift away from paper checks marks a major milestone in how Social Security benefits are delivered. But for the 500,000+ Americans still relying on their mailboxes, the message is clear: September 30 is your deadline. Make sure you're set up for direct deposit or get your Direct Express® card soon. If you or someone you care about might struggle with this transition, now's the time to help them take action. Need help walking through the process or finding the right option? I can assist with that—just ask. FAQs: Q1: When will Social Security paper checks stop? A1: Paper checks for Social Security will end on September 30, 2025 . Q2: What if I don't have a bank account for my Social Security benefits? A2: You can use the Direct Express® debit card to receive your payments.
CNET
4 days ago
- Business
- CNET
Paper Social Security Checks Phasing Out in September 2025, but Exceptions Are Possible
If you get your Social Security payment in the form of a paper check, you'll need to switch to an electronic payment option instead soon. If you're used to receiving your Social Security or other federal payments in the form of paper checks, you're in for a change soon. Starting in September, all federal disbursements, including Social Security, SSDI, SSI and tax refunds will be sent electronically, ending the era of paper payments. The vast majority of Social Security, SSDI, Supplemental Security Income and tax refunds are sent electronically already, so the transition will affect only a small portion of Americans -- but that's still tens or even hundreds of thousands of individuals. As of July 2025, 521,644 households are still receiving paper checks out of the 68 million total Social Security recipients. These peoples may have a harder time moving forward to a digital form of payment, whether they don't have access to banking services or doing so would create more of a hardship. Luckily, exceptions can be made in certain circumstances. Below, we'll go over why the move to digital is happening, how to prepare if you or someone you care for are still receiving paper checks and the exceptions to the order. For more, check out the Social Security payment schedule for this month. Why is the US transitioning to digital payments? The move to a digital payment system for federal payments, like Social Security, was announced in an executive order by the Trump administration on March 25, 2025. The title of the order sums it up pretty clearly: Modernizing Payments To and From America's Bank Account. The order says that using paper checks for federal disbursements imposes unnecessary costs and risks, including fraud, lost payments and theft. It also notes that mail theft complaints have substantially increased since the COVID-19 pandemic and that checks are 16 times more likely to be reported as lost, stolen or returned as undeliverable compared to an electronic funds transfer payment. The executive order says the goal of this transition is to defend against fraud, reduce costs, improve efficiency and increase the overall security of federal payments. What federal payments are going digital? According to the executive order, all federal payments will go digital by Sept. 30, 2025. That's well ahead of the next tax season. However, those who still rely on monthly paper checks for programs like Social Security will need to prepare sooner. Here are all of the forms of federal disbursements transitioning to digital: Intragovernmental payments Benefits payments (Social Security, SSDI, SSI) Vendor payments Tax refunds Digital payment methods include direct deposit, debit and prepaid cards that can be mailed to you, digital wallets and real-time payment systems. What are the exceptions to this order? The order acknowledges that the transition to digital payments may not necessarily be feasible for all people, so there are exceptions that will be made for the following situations: People who do not have access to banking services of electronic payments. Certain emergency payments where an electronic payment would cause undue hardship. Certain national security or law enforcement activities where non-EFT transactions are necessary or desirable. Specific circumstances as determined by the Secretary of the Treasury People or entities that qualify for an exception will be provided with alternative payment options. Social Security recipient? Here's how to prepare For payments such as tax returns, all you need to do is opt for the direct deposit option while filing taxes. It's that easy. However, if you receive Social Security benefits or Supplemental Security Income in the form of a monthly check, you'll need to make preparations for the upcoming transition. This can be done in one of two ways: Signing up for electronic payments via the Treasury's Go Direct website. You can also call the Treasury's Electronic Payment Solution Center at 1-800-333-1795. Signing in or signing up for a My Social Security account to start or update your direct deposit information. For more, check out our Social Security and SSDI cheat sheet.
Economic Times
4 days ago
- Business
- Economic Times
Stimulus payment 2025 update: another $1,390 relief check approved for Americans — who's eligible, how to get it, and when to expect your money
$1,390 stimulus payment 2025 is coming soon for low-income Americans, Social Security, SSDI, SSI, and VA recipients. Get details on eligibility, payment methods, timeline, and how to check your status. Find out if you qualify for this tax-free federal relief. The $1,390 stimulus payment is set to be a financial lifeline for millions of Americans in 2025. With inflation still impacting household budgets and the cost of basic necessities rising across the country, the federal government has introduced this one-time payment to ease the financial strain. Whether you're on Social Security, receiving VA benefits, or a low-income taxpayer, this relief could make a meaningful difference. Here's everything you need to know—who qualifies, when the money will arrive, and how to make sure you don't miss out. The upcoming $1,390 stimulus check is part of a broader economic relief strategy to help Americans navigate the financial pressure of 2025. With inflation still pinching wallets and household bills piling up, this payment aims to provide short-term support for everyday essentials—from groceries to utility bills. The payment is modeled after past Economic Impact Payments but adapted to today's economic climate. Feature Details Payment Amount $1,390 (one-time direct payment) Eligibility Criteria Based on income, tax status, and benefits Expected Release Date Mid-2025 (TBD) Disbursement Methods Direct deposit, paper check, or EIP card Taxable? No – completely tax-free Application Required? Only for non-filers or new beneficiaries The $1,390 stimulus payment eligibility depends mostly on income level and benefits status. The payment is aimed at low- and middle-income households who are more likely to feel the pinch of rising costs. Here's how eligibility breaks down: To qualify for the $1,390 check, you'll need to meet certain income and filing criteria: Single filers: Income up to $75,000 Income up to Married couples filing jointly: Up to $150,000 Up to Heads of household: Up to $112,500 In addition to these income thresholds, automatic eligibility applies to: Social Security beneficiaries (SSDI, SSI, and retirement) (SSDI, SSI, and retirement) VA and Railroad Retirement recipients Families with qualifying dependents may receive additional amounts If you've received previous stimulus checks, chances are high you'll qualify again—especially if your income has remained stable or decreased. Tip: If you've recently filed your federal tax return or receive benefits from Social Security or the VA, you're likely already in the system and don't need to apply separately. There are a few simple ways to verify your eligibility: Visit the IRS website and look for the 'Get My Payment' or 'Check Eligibility' tool (to be updated for 2025). If you've filed taxes recently, the IRS will use your latest return to determine eligibility. Social Security or SSI recipients who don't file taxes will be automatically considered—no action needed. While the official payment date hasn't been confirmed yet, current estimates point to a mid-2025 rollout, possibly starting in the summer. This timeline may change depending on how quickly the IRS and related agencies finalize logistics. You can expect to receive your payment through one of these methods: Direct Deposit: Fastest option if you've already linked your bank details with the IRS or Social Security. Fastest option if you've already linked your bank details with the IRS or Social Security. Paper Checks: Mailed to your home address if no bank details are available. Mailed to your home address if no bank details are available. EIP Debit Card: Some recipients may receive a prepaid Economic Impact Payment (EIP) card. The IRS is expected to update the "Get My Payment" tool or launch a new portal to track your payment status and eligibility closer to the release window. Most people won't need to apply if they've already filed a recent tax return or are receiving federal benefits. But if you haven't submitted a return recently and don't receive SSI/SSDI, you might need to use the IRS's 'Non-Filer Tool' to submit your details. Here's a quick rule of thumb: Situation Application Required? Filed tax return recently No Receive Social Security, SSDI, SSI No No tax filing and no federal benefits Yes (via IRS tool) No, the payment is completely tax-free. That means you won't have to report it as income on your next tax return, and it won't interfere with your eligibility for any existing federal benefits like Medicaid, food stamps (SNAP), or housing assistance. In past relief rounds, the IRS clearly stated that these payments are not counted as income and are considered federal assistance, not taxable income. The same is expected to apply here. Eligible individuals will receive their payment using the same method as previous relief programs: Direct Deposit: Fastest method if your bank info is on file. Fastest method if your bank info is on file. Paper Check: Sent by mail if no direct deposit info is available. Sent by mail if no direct deposit info is available. EIP Debit Card: Some may receive prepaid cards instead of checks. There are no rules on how to use your stimulus money—it's your money. But the government encourages Americans to use it on essential needs to help stabilize household expenses. Some suggested uses include: Rent or mortgage payments Utility bills (electricity, gas, water) Groceries and medical supplies Childcare or school expenses For many families, this stimulus could help cover one or two major bills or provide temporary relief from credit card debt or late fees. That depends on the U.S. economic situation in the second half of 2025. If inflation rises further or there are signs of a recession, the government may consider another round of payments or expand this one. Nothing is guaranteed yet, but additional relief is 'absolutely possible' according to several economic analysts and past government trends. Lawmakers and federal agencies are keeping a close watch on inflation trends, job data, and consumer spending, which will guide their decisions on further aid packages. Across the U.S., the proposed $1,390 relief check has been met with overwhelming support, especially from: Retirees on fixed incomes People with disabilities facing high healthcare costs Single parents managing rising childcare and household expenses Many say earlier stimulus checks helped them avoid falling into debt or eviction—and this new round could do the same. The $1,390 stimulus check in 2025 is more than just financial help—it's part of a larger effort to keep Americans afloat during tough times. If you're eligible, double-check your records with the IRS, keep an eye out for updates on the IRS site, and ensure your bank details and mailing address are current. In a world where every dollar counts, don't miss out on this much-needed support. Q1. Who is eligible for the $1,390 stimulus payment 2025? Anyone earning below the income limits or receiving Social Security, SSI, SSDI, or VA benefits may qualify. Q2. Is the 2025 $1,390 stimulus check taxable or reportable? No, the $1,390 stimulus is fully tax-free and doesn't need to be reported on your tax return. Q3. What is the $1,390 stimulus payment in 2025? It's a one-time relief check proposed by the U.S. government to help Americans deal with high living costs and economic pressure in 2025. Q4. Do Social Security recipients get the payment? Yes. Most SSDI, SSI, and retirement beneficiaries are expected to receive the payment automatically. Q5. Do I need to apply for the check? Not if you've filed taxes or receive federal benefits. Non-filers may need to register on the IRS website. Q6. Will I get extra money for dependents? It's likely—families with children or other dependents may receive additional funds, similar to past stimulus rounds. Q7. How can I check my status? Use the updated 'Get My Payment' tool on the IRS website when it goes live in 2025.
