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.
The Social Security Administration (SSA) has announced significant changes to its payment schedule for retirees in August. This announcement affects millions of beneficiaries under the Old Age, Survivors, and Disability Insurance (OASDI) and Supplemental Security Income (SSI) programs. These programs help more than 70 million Americans, and any shift in payment dates is crucial to … Read more
The Social Security Administration (SSA) has recently announced significant changes to its disability benefit programs. These updates, affecting millions of recipients of the Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) programs, are designed to simplify the application process and improve the accuracy of benefit determinations. Easier Application Process Starting June 22, 2024, … Read more
We have exciting news for all Social Security recipients. The United States Government is set to introduce a substantial increase in 2024, offering a fixed $440 monthly boost for Social Security, SSI, and SSDI claimants. This increase aims to help individuals manage the rising living costs and inflation more effectively. Millions of Americans rely on … Read more
As rumors about a $49 monthly Cost of Living Adjustment (COLA) increase for 2025 circulate, many recipients express dissatisfaction with the update. Here’s what you need to know about the projected COLA increase and its implications for retirees. Millions of retirees rely heavily on Social Security benefits to cover their daily expenses. For approximately 60% … Read more
A $1,407 stimulus check payment has been approved under New York’s STAR program, providing financial relief to enrolled residents. This article offers an overview of the $1,407 payments, eligibility criteria, and important dates to remember. The $1,407 stimulus payment has been approved by the New York Government. This monetary benefit aims to assist households burdened … Read more
California’s efforts to support low-income families through SNAP benefits are evolving, especially after receiving $10 million in funding. This funding was intended for the CalFresh Fruit and Vegetable Electronic Benefits Transfer (EBT) Pilot Project, which aimed to help Californians access healthier food options. Although this pilot ended in April due to funding shortages, the state … Read more
President Joe Biden’s unexpected withdrawal from the 2024 presidential race has thrust Vice President Kamala Harris into the spotlight. With Biden’s endorsement, Harris is now the leading candidate for the Democratic ticket. Consequently, her policy positions, including those on Social Security, will be scrutinized by the public. Harris’ detailed stance on Social Security remains somewhat … Read more
An upcoming SNAP law could protect millions of residents across the country from fraud. New Jersey lawmakers have introduced federal legislation to combat scammers posing as SNAP recipients. On Monday, July 22, Congressman Josh Gottheimer, Senator Brian Stack, and New Jersey Senate President Nicholas Scutari announced the Stop Scammers, Card Abuse, and Malicious Skimming Act, … Read more
Every month, millions of Americans receive Social Security payments, which provide them with funds to buy groceries, cover health care expenses, and other essential living costs. The Social Security Administration (SSA) plays a vital role in administering these benefits, ensuring that countless individuals get the financial support they need. Knowing how much you will receive … Read more
Social Security is a crucial source of financial stability for many Americans, including retirees, survivors, and people with disabilities. While benefits under these programs are generally guaranteed, there are circumstances under which they may be reduced or terminated. Programs Social Security consists of three main programs: Despite its importance, current eligibility for benefits does not … Read more