Starting in January 2025, millions of Americans receiving Social Security benefits will see a notable increase in their monthly payments. The Social Security Administration (SSA) is implementing a 2.5% cost-of-living adjustment (COLA), designed to help beneficiaries keep up with inflation. This adjustment means more money in your pocket. For an average retiree, this increase translates…
Millions of retirees rely on Social Security payments as a cornerstone of their financial security. For 67-year-old beneficiaries expecting their $1,800 monthly payment in January, understanding the Social Security Administration’s (SSA) payment schedule is crucial to managing expectations. Here’s what you need to know. Why Haven’t I Gotten Paid Yet? The SSA does not issue…
Starting next week, Social Security payments of up to $2,831 will be distributed to eligible 62-year-olds, marking a significant boost for early retirees. The increase reflects the latest Cost-of-Living Adjustment (COLA) designed to counter rising inflation. Eligibility for Maximum Benefits To qualify for the full $2,831 at age 62, retirees must meet specific conditions: Top…
Millions of Supplemental Security Income (SSI) recipients are set to receive up to $762 in their January 2025 payment, thanks to the latest Cost-of-Living Adjustment (COLA). If you’re eligible, here’s everything you need to know, from who qualifies to when the funds will hit your account. Who is Eligible? SSI is designed to assist seniors…
As rising living costs weigh heavily on America’s working-class families, former President Donald Trump’s lack of focus on this critical issue is drawing increased scrutiny. While Trump’s campaign rhetoric often centered on championing the “forgotten man and woman,” many feel his current economic policies are disconnected from the realities of those struggling to make ends…
The IRS has announced it will automatically send stimulus payments to nearly one million taxpayers who missed out on claiming the Recovery Rebate Credit on their 2021 tax returns. This initiative, involving over $2.4 billion, aims to ensure that those eligible for past Economic Impact Payments receive the funds they deserve. Who’s Eligible? If you…
The IRS is rolling out a fresh round of stimulus payments in early 2025, delivering financial relief to over a million taxpayers. Here’s everything you need to know about eligibility, payment timelines, and how to claim your check if you haven’t filed yet. Who’s Eligible for the $1,000 Stimulus Checks? These payments are aimed at…
The IRS is rolling out significant payments to about one million taxpayers who missed out on critical financial support during the pandemic. These surprise checks, worth up to $1,400, aim to correct errors in claiming the Recovery Rebate Credit (RRC) for 2021. Here’s everything you need to know. What Is This Payment About? During the…
New York State is giving some residents a pleasant surprise in 2025: $250 checks as part of an initiative to help people reclaim unclaimed funds. This effort aims to reconnect individuals with money that belongs to them but has been left sitting in financial accounts. What Are Unclaimed Funds? Unclaimed funds are money that people…
Dollarama Inc., a popular discount retailer, has agreed to a $2.6 million settlement following a class-action lawsuit that accused the company of improperly charging and failing to disclose environmental handling fees, often called eco fees. This decision affects customers across Canada who unknowingly paid these extra charges on certain items. Here’s what you need to…