Will a Government Shutdown Impact Social Security Checks? No, But Retirees May Still Feel the Effects

The U.S. government officially shut down on Oct. 1 after the Senate failed to pass the necessary funding bills to keep certain federal agencies open. It's the first time such an event has occurred since the end of 2018, a shutdown that ultimately dragged on for 35 days.While very disruptive, a government shutdown does not halt everything. For instance, mandatory funding for programs like Social Security and Medicare will continue to flow, so over 74 million Social Security retirees will continue to collect critical benefit checks each month. However, the agencies that oversee these programs will be affected, which could stifle parts of the Social Security program.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool