Social Security Announces Significant Change to Payment Dates in September

Joe Biden

Social Security beneficiaries should note the upcoming changes to the regular payment schedule in September. Typically, the Social Security Administration (SSA) delivers five rounds of payments to SSI recipients, retired workers, survivors, and disabled individuals every month. However, this month there will be only four rounds of payments due to some payment dates falling on … Read more

List of Retirees Receiving New Social Security Checks on August 2

Joe Biden

This week, retirees who claimed benefits before May 1997 will receive their Social Security checks on Friday, August 2nd. Typically, these recipients are paid on the third day of the month, but since August 3rd is a Saturday, the Social Security Administration (SSA) has rescheduled the payment to the preceding business day. Following this, the … Read more

Next increase in Social Security checks for retirees- Announcement date to be determined

Joe Biden

Starting in October 2024, some Social Security beneficiaries will see an earlier-than-usual increase in their benefits due to changes in the way the Social Security Administration (SSA) calculates income. This change is primarily for participants in the Supplemental Security Income (SSI) program, which aids seniors with insufficient income and individuals with disabilities like blindness. The … Read more

Government confirms this on the Child Tax Credit 2024- likely change to $300 monthly payment

Joe Biden

The Child Tax Credit (CTC) has been a hot topic of discussion, especially with the reforms introduced by the American Rescue Plan Act of 2021. As we approach 2024, many families are curious about the sustainability of this federal tax incentive and the potential for receiving monthly checks like those issued in 2021. Here, we’ll … Read more

The IRS delivers great news to millions of Americans- 2020 and 2021 debts are forgiven

Joe Biden

The IRS recently announced a relief measure allowing about 6.8 million Americans to skip penalties when filing their tax returns for the past two years. This move is seen as a way to support people and businesses financially impacted by the pandemic. Significant Penalty Relief The IRS has decided to waive failure-to-pay penalties on assessed … Read more

This state is providing $528 monthly stimulus checks- just one requirement to qualify

Joe Biden

In a bid to promote economic justice and encourage entrepreneurship, Ann Arbor, Michigan, has launched an innovative pilot program called “Guaranteed Income To Grow Ann Arbor” (GIG A2). This groundbreaking initiative provides $528 monthly stimulus checks to qualifying residents, supporting those who are struggling, newly self-employed, or gig workers. With the third round of payments … Read more

$500 Monthly Stimulus Checks Until 2026: Great News for State Residents

Joe Biden

Good news for the residents of Harris County, Texas: a new guaranteed income pilot called Uplift Harris has been proposed. This plan aims to provide selected families with monthly stimulus checks of $500 for 18 months. This initiative addresses poverty and economic deprivation in the region, promising a positive impact on economic stability and community … Read more

New Social Security Disability Benefits Announced – August SSI Check Mailing Date Confirmed

Joe Biden

The Social Security Administration (SSA) recently announced new disability benefits for Supplemental Security Income (SSI) recipients, starting in August 2024. Typically, the SSA delivers monthly benefits on the first day of every month unless it falls on a weekend or federal holiday. This August, millions of SSI recipients will receive their regular payments between $698 … Read more

Social Security benefits will change in late 2024 – 3 updates impacting retirees’ paychecks

Joe Biden

The Social Security Administration (SSA) has recently implemented systemic changes to make essential Social Security benefits more accessible to certain households across the country. An estimated 7.5 million Americans who demonstrate financial need currently receive assistance through Supplemental Security Income (SSI). These benefits are a lifeline for elderly, blind, disabled individuals, or those with children, … Read more