A new federal benefit of $2,400 annually has been announced for eligible Americans in 2025, providing much-needed financial relief amid ongoing economic pressures. With payments of $200 per month, this initiative aims to help low- and moderate-income individuals and families manage rising costs. Here’s everything you need to know about who qualifies, how to apply,…
Alaska residents can look forward to a $1,312 stimulus payment in 2025, distributed through the state’s Permanent Fund Dividend (PFD) program. This annual payout provides a share of the state’s oil and gas revenues, offering significant financial support to qualifying residents. Here’s everything you need to know about eligibility, the application process, and payment timelines…
Americans are set to receive a significant financial boost in January 2025, with new stimulus payments combining $2,200 in direct payments and a $4,200 refundable tax credit. These funds aim to provide relief for families dealing with rising costs and help stimulate the economy. Here’s how you can ensure you receive these payments and what…
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…
Cash App, one of the most popular peer-to-peer payment platforms, is paying a hefty price for falling short on security and fraud prevention. Its parent company, Block, Inc., has agreed to settle multiple investigations for a total of $255 million. The settlement addresses allegations of weak fraud protections, poor customer service, and compliance issues. What…
SSI recipients will notice a change in their payment schedule for February 2025. The Social Security Administration (SSA) has announced that payments usually issued on the first of each month will arrive earlier. Here’s why and how it impacts you. Why Are Payments Coming Early? SSI payments are typically distributed on the first day of…
This week, Social Security recipients are seeing their first checks for 2025, reflecting a 2.5% Cost-of-Living Adjustment (COLA). The adjustment increases the average monthly benefit from $1,927 in 2024 to $1,976 in 2025, adding $49 more to the pockets of millions of Americans. Why the COLA Increase Matters The annual COLA, implemented by the Social…