Social Security recipients will see a boost in their monthly benefits starting this year, thanks to a 2.5% cost-of-living adjustment (COLA) for 2025. On average, beneficiaries will receive an additional $50 per month, providing modest relief to help combat the rising costs of everyday expenses. What Is the COLA, and Why Is It Important? The…
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…
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…
An 84% increase in your Social Security checks in January 2025 will benefit those living in poverty. Those who rely on social security can receive this benefit. They include senior citizens, retired workers, and those with impairments. There has been word that the retired worker’s pension will be increased by 84%. This rise has yet…