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.
Every month, the Social Security Administration (SSA) provides monthly benefits to millions of beneficiaries across the country. This ensures they have enough money to cover living expenses and keep pace with rising inflation. Tomorrow, retired workers and disabled people born in 1935 and who claimed their first Social Security payment before May 1997 will receive … Read more
The Centrelink Age Pension is a vital part of Australia’s social security system, designed to provide financial support to eligible older Australians after they reach retirement age. Here, you will find all the essential information regarding the Centrelink Age Pension Rates 2024, pension card benefits, and more. Rates The Age Pension payment aims to ensure … Read more
Baby boomers are bringing significant changes to Social Security, and if Congress and lawmakers don’t take action, current and future beneficiaries in the United States could be affected. While experts initially predicted that funds would run out to pay full benefits in 2034, the Social Security Administration (SSA) has updated their projection, extending the insolvency … Read more
This month brings surprising news for beneficiaries of the Supplemental Security Income (SSI) program, as over 100,000 people were removed from the program. According to SSA data, the number of people receiving SSI benefits decreased by 119,395 from May 2023 to May 2024. The SSI program aims to provide financial assistance to over 7 million … Read more
The Internal Revenue Service (IRS) has issued a critical warning to American taxpayers about fake information circulating regarding a non-existent ‘Self Employment Tax Credit.’ Released on July 15, 2024, this alert aims to prevent unsuspecting citizens from falling victim to misinformation spread on social media platforms. The IRS is particularly concerned that well-intentioned individuals may … Read more
If you’ve applied for Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) and were not approved, pay close attention to these new changes in the United States. The Social Security Administration (SSA) announced a significant update this summer that could help more people qualify for disability benefits. This change addresses a crucial aspect … Read more
Thousands of American retirees will receive two Social Security payments scheduled for early August. While most people know that Social Security retirement benefits arrive once a month, some citizens will receive an additional payment in the first week of August. This supplemental payment is a boon for those who meet specific eligibility criteria set by … Read more
The California Franchise Tax Board (FTB) has launched a new stimulus check program aimed at helping low-income families and individuals facing economic hardships. This initiative underscores the state’s commitment to supporting its citizens during times of economic uncertainty, ensuring that those most in need receive timely and adequate financial assistance. Program Details According to fingerlakes1.com, … Read more
Staying informed about IRS updates is crucial, especially for those receiving Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI). The IRS has recently announced several important highlights for individuals with disabilities, detailing key publications and new updates. Here’s a comprehensive guide to the latest tax information relevant to you. Key IRS Publications The … Read more
The United States government has been implementing several stimulus packages in recent years, particularly in response to the COVID-19 pandemic. These initiatives aim to provide financial relief to millions of Americans, helping them manage their expenses during these challenging times. Date The Internal Revenue Service (IRS) plans to provide a $1,400 stimulus check deposit on … Read more