Some Social Security beneficiaries could find themselves penny pinching this month when their check hits their bank account this week.

Modest to meaningful Social Security payout reductions are on the way for approximately 2 million retired workers, survivor beneficiaries, and workers with disabilities.

Trump Social Security policy change is set to affect nearly 2 million Americans, and many don't even know it yet. If you're receiving Social Security benefits, you could soon see a smaller check due to new rules targeting student loan defaulters and people who were overpaid by the SSA.