President Donald Trump has introduced significant changes to Social Security, shaking up the system with two key reforms. These changes aim to provide immediate relief to retirees but have sparked concerns about their long-term impact. Let’s break down what’s happening and how it could affect you. No More Federal Taxes on Social Security Benefits One…
Millions of Americans will soon receive surprise payments from the IRS as the agency addresses unclaimed stimulus funds from the COVID-19 pandemic. Around one million taxpayers are set to benefit from this initiative, with up to $1,400 per person being distributed in the coming weeks. Why Are These Payments Being Sent? During the pandemic, the…
Millions of Americans relying on the Supplemental Nutrition Assistance Program (SNAP) will see their benefits distributed this week. States have specific schedules that determine when recipients can access their funds, often based on case numbers, Social Security Numbers (SSN), or the first letter of the last name. Here’s what you need to know. When Will…
Getting a tax refund of up to $10,000 from the IRS is possible if you know how to maximize the available credits, deductions, and strategies. If you’re in California, here’s what you need to know to make the most of your refund for the 2025 tax season. Start with the Standard Deduction The standard deduction…
Visa and Mastercard have agreed to a $197.5 million settlement to resolve a long-standing class-action lawsuit over allegedly excessive ATM surcharges. As part of this agreement, eligible cardholders could receive up to $1,797 in direct payments. The settlement stems from claims that Visa and Mastercard, along with major banks such as JPMorgan Chase, Wells Fargo,…
Many Americans rely on Social Security as a key source of income in retirement. But did you know there are smart strategies to increase your monthly benefits? From timing your claim to working longer, these tips can make a big difference in your financial future. 1. Work at Least 35 Years Social Security calculates your…
In a concerning turn of events, the personal information of more than 61,000 Texans, primarily recipients of Supplemental Nutrition Assistance Program (SNAP) benefits, has been compromised in a major security breach. The Texas Health and Human Services Commission (HHSC) confirmed the breach, which occurred between June 2021 and December 2024. The breach was discovered on…
Millions of New Yorkers are set to receive financial relief in 2025 through state and federal stimulus programs. These payments aim to help individuals and families navigate rising living costs and recover from economic challenges. Here’s a breakdown of who qualifies for these payments and what to expect. State Stimulus: New York’s Proposed Inflation Refund…
The Social Security Administration (SSA) has released the payment schedule for February 2025, ensuring millions of recipients know exactly when to expect their benefits. Whether you’re a retiree, a Supplemental Security Income (SSI) recipient, or receiving Social Security Disability Insurance (SSDI), here’s what you need to know about your payment dates. Payment Dates for February…
Millions of New Yorkers relying on the Supplemental Nutrition Assistance Program (SNAP) may soon face reduced benefits due to proposed federal budget cuts. The potential reductions, part of a broader federal spending reform plan, have sparked concern among advocates and recipients across the state. What’s Happening? A Republican-led proposal in Congress seeks to reduce federal…