Welcome to Ajax Control Toolkit’s Economy section. Get the latest financial news, trends, and insights. Stay informed on market analysis, economic forecasts, and government policies to make smarter financial decisions.
In 2025, Social Security is set to undergo significant changes that will impact both current retirees and those planning to retire soon. These changes include increases in benefits, adjustments to earnings limits, and updates to how disability benefits are accessed. Whether you’re already drawing Social Security or planning your retirement strategy, knowing these changes will … Read more
If you’re thinking about applying for Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI), or if you have recently developed a disability, there’s an important update you need to know about. The Social Security Administration (SSA) has made a significant change to the way it evaluates applications for disability benefits. As of June … Read more
If you’re pregnant and living in Flint, Michigan, there’s some good news for you! The state has introduced a $1,500 stimulus check specifically designed to ease financial burdens for families through the Rx Kids program. This initiative is a lifeline for expectant mothers, offering substantial financial support that can go a long way in helping … Read more
If you’ve been considering applying for SNAP benefits, there’s an important update that could impact your eligibility. Starting October 1, 2024, the asset limits for the Supplemental Nutrition Assistance Program (SNAP) are increasing. This change could make more people eligible for food assistance, especially those who were previously just above the asset threshold. SNAP Eligibility … Read more
Black Friday is an exciting day for shopping, but for those relying on Social Security payments, timing is everything. With November 29, 2024, approaching, it’s crucial to know when the Social Security Administration (SSA) has scheduled your monthly payments, especially if you’re planning to make some purchases on this big shopping day. Payments Interestingly, there’s … Read more
The Child Tax Credit (CTC) has been a lifeline for many families in the U.S., helping to ease the financial strain of raising children by reducing the income tax owed. For 2024, there’s significant buzz surrounding a potential expansion of the CTC, with discussions hinting at a $300 monthly payment per child. Let’s look into … Read more
The Canada Pension Plan (CPP) has long been a cornerstone of financial support for retired Canadians. With rising inflation and the increasing cost of living, the government, led by Chrystia Freeland, has introduced a new $1600 CPP payment to provide additional relief to senior citizens. This one-time payment is aimed at helping those who are … Read more
Retirement planning is a crucial part of financial stability, and for many Canadians, the Canada Pension Plan (CPP) and Old Age Security (OAS) are key components of their retirement income. With the cost of living continuously rising, it’s essential to know how these pensions adjust to help retirees maintain their purchasing power. In 2024, both … Read more
The excitement is building for Supplemental Security Income (SSI) recipients as they anticipate the 2025 Cost of Living Adjustment (COLA). However, this much-needed financial boost won’t be in their pockets just yet. The Social Security Administration (SSA) won’t reveal the official COLA percentage until October 10, 2024. This leaves SSI beneficiaries waiting a few more … Read more
CalFresh, California’s version of the Supplemental Nutrition Assistance Program (SNAP), plays a crucial role in helping low-income individuals and families purchase essential food items. With the rising number of beneficiaries, it’s more important than ever to know when you’ll receive your benefits and how to make the most of them. Payment Schedule CalFresh distributes benefits … Read more