Some Social Security beneficiaries will be getting their payments directly into their bank accounts on Monday. Social Security benefits provide essential income for approximately 72 million Americans.
The Social Security Administration is offering payouts to employees who voluntarily resign from the federal agency, ahead of what they warn will be "significant workforce reductions."
The Trump administration is planning to slash jobs and make major changes at the federal agency responsible for administering Social Security and SSI benefits to millions of Americans with disabilities.