Joe Biden
Posted inEconomy

Child Tax Credit Update – What’s New in 2024

The Child Tax Credit (CTC) has long been a lifeline for many American taxpayers. Now, Senate Majority Leader Chuck Schumer aims to bring a significant House bill to the Senate in early August. This bill proposes expanding the CTC, part of a $79 billion package, though its approval remains uncertain. Bipartisan Support The Tax Relief ... Read more
Joe Biden
Posted inEconomy

Retirement Benefit Payments – Up to $4,873 in August

Retirees aged 62 or older in the United States have several important dates to note for their Social Security payments. Here’s a comprehensive guide to knowing retirement payment schedules, eligibility, and how to maximize benefits. Payment Schedule Retirees can receive a new payment in August if they meet specific criteria. However, if you already received ... Read more
Keir Starmer
Posted inEconomy

DWP New Eligibility Criteria for PIP – Cost of Living, Universal Credit and Allowances

The Department for Work and Pensions (DWP) has announced significant updates for 2024, affecting various government benefits. These changes include adjustments in rates and eligibility criteria for Personal Independence Payment (PIP), Universal Credit, and Cost of Living allowances. These updates aim to ease the financial pressures on millions of citizens across the UK. Criteria The ... Read more
Joe Biden
Posted inEconomy

$1,537 SSDI Payment – Due in About 10 Days, Claims Social Security

Are you curious about Social Security Disability Insurance (SSDI) payments for August 2024? Let's break it down. Some SSDI recipients might receive payments higher than $1,537, depending on various factors. Here's what you need to know about payment dates, eligibility criteria, and how the payment amounts are determined. Dates The next SSDI payment is scheduled ... Read more
Joe Biden
Posted inEconomy

The Extra Dollars – You’ll Receive in SNAP Benefits (Food Stamps) in August

August has arrived with a pleasant surprise for Americans receiving SNAP benefits, also known as food stamps. The Supplemental Nutrition Assistance Program (SNAP) is the largest anti-hunger initiative and one of the key aid programs in the United States. It provides millions of households with monthly benefits to buy groceries. Typically, households receive benefits ranging ... Read more
Joe Biden
Posted inEconomy

Upcoming Changes to U.S. Retirement Savings Rules – What You Need to Know Before 2025

Legislation is a fluid stream, changing periodically to meet the needs of current citizens. One significant piece of recent legislation is the SECURE 2.0 Act, which introduces over 90 provisions affecting various retirement savings plans. Not all changes will take effect immediately; some started in 2023, while others will roll out through 2027. Knowing these ... Read more