Chicago is reintroducing its Resilient Communities Pilot program, which provides low-income households with $500 monthly payments for one year. The program, backed by $63 million in funding, is part of the city’s efforts to assist families facing financial hardship. Here’s a breakdown of how it works, who qualifies, and how to apply. What Is the…
A major win for public sector employees, the newly signed Social Security Fairness Act is set to boost benefits for millions of teachers, firefighters, and other public workers across the United States. President Joe Biden recently enacted this legislation to address long-standing disparities in Social Security payments for those receiving government pensions. What Does the…
Social Security beneficiaries are set to receive an average monthly payment of $1,832 in 2025, thanks to a 2.5% Cost-of-Living Adjustment (COLA). This increase reflects efforts to help retirees, disabled workers, and survivors keep up with rising costs. Here’s what to expect and how to ensure you receive your payments on time. Who Is Eligible…
If your Social Security Disability Insurance (SSDI) benefits were stopped because of a return to work or higher earnings, there’s good news: you may be able to have them reinstated quickly through the Expedited Reinstatement (EXR) process. This program from the Social Security Administration (SSA) is designed to help people regain their benefits without having…
For Social Security recipients, balancing additional income while protecting their benefits is essential. While Social Security has specific rules about earnings limits, not all income sources are considered when calculating benefit reductions. Here’s a comprehensive look at 12 types of income that won’t affect your Social Security payments and how understanding these exclusions can help…
Colorado residents are set to receive state-issued payments in 2025 as part of the Taxpayer’s Bill of Rights (TABOR) refund program. These refunds are triggered when the state’s revenue exceeds its spending limits for the fiscal year, providing financial relief directly to taxpayers. Here’s what you need to know about eligibility and the expected refund…
Floridians could see up to $1,400 arriving in their bank accounts or mailboxes in early 2025 as part of an IRS initiative to issue missed stimulus payments. This round of payments is designed to assist taxpayers who did not claim the Recovery Rebate Credit (RRC) on their 2021 federal tax returns. Who Is Eligible? To…
Millions of Social Security recipients will see a welcome boost to their monthly payments starting in January 2025. A $200 increase is set to benefit retirees, disabled individuals, and others who rely on Social Security, thanks to new government initiatives designed to address rising living costs and provide greater financial security. Why Are Payments Increasing?…
Recent reports of $697 direct deposit checks being distributed to all Americans have sparked curiosity and confusion. However, there is no official confirmation from government agencies such as the Social Security Administration (SSA) about a universal $697 payment. Here’s the truth behind the claim and how existing benefit programs might relate. The Origin of the…
Millions of Americans are set to receive a $1,400 direct deposit from the IRS in January 2025. These payments are part of an effort to reach eligible taxpayers who may have missed out on previous stimulus payments tied to the Recovery Rebate Credit (RRC) in 2021. The IRS estimates that around one million individuals could…