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.
Retirement is a milestone many look forward to, but maximizing benefits is crucial for a comfortable life post-retirement. For seniors eyeing a significant increase in their Social Security benefits, there’s a lesser-known rule that could amplify their paychecks by up to 25%, even if they’ve already claimed benefits. Here’s how you can potentially enhance your … Read more
Whenever new legislation or proposed changes affecting Social Security checks are announced, millions of seniors worry about their financial stability. After a lifetime of hard work, any shift in their monthly benefits significantly impacts their quality of life. Social Security provides a safety net, ensuring a minimum income level in old age and promising a … Read more
As the United States continues to grapple with high gasoline prices in August 2024, the introduction of gas stimulus checks aims to support qualifying citizens. With the average cost of a gallon of gas hovering around $4, and other related costs escalating, federal and state governments are stepping in to provide much-needed relief. This article … Read more
In today’s digital age, discerning between genuine information and fake news is vital, especially concerning critical topics like stimulus checks. These economic aids are essential for many families, and misinformation can lead to confusion and scams. Here’s how to protect yourself and ensure you receive accurate information. Verify the Source One of the first steps … Read more
The Canada Pension Plan Post Retirement Benefit (CPP PRB) offers crucial support for citizens who continue contributing to the CPP even after retirement. Here’s a comprehensive guide on what the CPP PRB is, eligibility criteria, and how much you can expect to receive. Benefit The CPP PRB is a benefit for individuals who continue making … Read more
The Guaranteed Income Supplement (GIS) is a vital support mechanism for low-income pensioners in Canada. This monthly payment assists retirees aged 65 and above. Here’s everything you need to know about the GIS allowance, including eligibility criteria, application process, and more. GIS Allowance The GIS allowance is a government benefit designed to supplement the income … Read more
The announcement of the fourth installment of stimulus payments has created a buzz among recipients of SSI, SSDI, SSA, and VA benefits. With many already noticing an increase in their monthly checks, knowing the details of these payments and eligibility criteria is crucial. Here’s everything you need to know about the increased stimulus payments. Benefits … Read more
The Social Security Administration (SSA) recently announced some changes to the Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) programs. These programs provide monthly payments to around 16 million people, including seniors over 65 and individuals with disabilities who have low income or resources. Let’s look into these changes and know what they … Read more
Exciting news for SNAP recipients! Starting October 1, 2024, the USDA, through the FNS, will implement a new COLA increase for SNAP benefits. This means that Food Stamps recipients will see a boost in their benefits. Let’s cut into what this change means for you and your household. Increase If you live in the 48 … Read more
If you’re 66 and eagerly awaiting your Social Security payment in August, here’s what you need to know. The Social Security Administration (SSA) is committed to delivering payments on time. However, this month, payments will be slightly delayed compared to July. The second round of payments will start on August 14, four days later than … Read more