It's hard to plan when you're not sure what's happening next. How President Donald Trump's changes to Social Security are affecting retirees.

Trump is still saying Social Security benefits won’t be taxed. The reality is that the tax break under discussion is a temporary bonus senior tax deduction whose size depends on which version of the bill makes it into law. The latest version in the Senate includes a $6,000 per person deduction, compared with the House-passed $4,000 deduction.

If you started getting SSDI before May 1997, you'd usually receive your payment on the third day of every month. Note that this isn't always the case, like when the third day falls on a weekend or holiday. For 2025, this will happen in August, so you can expect to receive your payment during that month one to two days earlier.

Combined SSI and Social Security: If you receive both and your Social Security start date predates May 1997, you’ll see the SSI portion July 1, 2025 and the Social Security portion July 3, 2025. Otherwise, Social Security follows the Wednesday schedule above and SSI hits July 1.

Social Security payments go out this month on a normal schedule. However, if you happened to have been overpaid by the Social Security Administration (SSA), your check may soon be a bit smaller. That's because the SSA is expected in late July to begin withholding 50% of benefits for those who have been overpaid but have yet to begin repayments.