The change will primarily affect a small group of beneficiaries who have not made the switch to electronic payment methods yet, per the SSA. Less than 1% of beneficiaries are enrolled in paper checks and are encouraged to enroll in direct deposit or opt for the Direct Express card to receive their monthly benefits on time.

Recently, the One Big Beautiful Bill Act (OBBBA) was passed, and with it came a big tax break for seniors. But financial guru Suze Orman warns that this change doesn't necessarily mean that retirees will get out of paying taxes on Social Security.

The decade before you retire is the right time to figure out which parts of your retirement plan shine and which need a little work.