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,

The average Social Security benefit for retired workers was $2,005 in June 2025. That figure would increase to $2,059 in the event of a 2.7% COLA, meaning the average retired worker would collect an additional $54 per month next year. However, benefits vary widely across age groups, which means COLAs (as measured in dollars) will vary widely.

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.

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.

Earlier this month, the House Ways and Means Committee advanced the Claiming Age Clarity Act, a bipartisan bill aimed at simplifying the language Social Security uses when describing benefit ages. It passed by a 41-1 vote and now moves to the full House for consideration. A similar version has been introduced in the Senate. (5)

The White House, however, said, ““President Trump will always protect and defend Social Security for American citizens.”

The federal government and some states tax Social Security. But even if you live in a state that doesn’t tax your benefits, you should still have a financial and tax plan that maximizes your retirement income.

Learn more about Social Security spousal benefits and how these 13 things can help you work on a better retirement plan for yourself and your partner.