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.
Knowing the yearly increase in Social Security checks is crucial for millions of Americans who depend on these payments for their essential needs like housing, food, healthcare, and entertainment. One key factor influencing these payments is the cost of living adjustment (COLA). Each year, the Social Security Administration (SSA) implements a COLA to adjust Social … Read more
In less than 80 hours, new Social Security checks will start arriving for many recipients. While retirement is often seen as a time to pursue dreams, financial realities can sometimes make it a balancing act between savings and Social Security payments. For many, these checks are a crucial part of their income. Knowing when your … Read more
Retirement accounts aren’t solely for the original account holders. They can be passed on to heirs, allowing them to benefit from years of savings. However, beneficiaries have long faced challenges in knowing how and when to withdraw funds from these accounts, which remains a significant issue. Secure Act Changes The Secure Act of 2019 introduced … Read more
This week, a new Social Security payment exceeding $2,000 will be issued to eligible beneficiaries born between the 21st and 31st who qualify for the Social Security Disability Insurance (SSDI) program. To receive this payment, disabled individuals must meet specific criteria. Payment amounts vary based on each beneficiary’s unique circumstances, disability type, and Social Security … Read more
Missouri residents have a unique opportunity to recoup some of their fuel expenses this summer through the state’s tax rebate schemes. With fuel prices still high, this rebate program offers much-needed relief for Missouri drivers. Concerned about high gas taxes, Missouri motorists can know about the requirements and steps necessary to apply for this rebate … Read more
Hurricane Beryl’s recent devastation has left Texas residents grappling with severe damage and recovery efforts. The hurricane, which reorganized into a Category 1 storm on July 8, caused widespread flooding and property damage, particularly impacting certain counties. Amidst the rebuilding efforts, SNAP recipients have some relief as they can replace lost benefits due to the … Read more
This summer, Colorado residents have an exciting reason to celebrate: generous tax refunds under the Taxpayer’s Bill of Rights (TABOR). This bill aims to return excess revenue collected by the government back to taxpayers, offering significant financial relief to many families. Let’s look into the TABOR refund program, its requirements, how to apply, and its … Read more
Knowing the Social Security payment schedule can be essential for retirees and those receiving disability benefits. The Social Security Administration (SSA) manages these schedules, ensuring millions of Americans receive their payments timely. This article cuts into how the payment schedule works and recent improvements made by the SSA to simplify the process. Payment Schedule Every … Read more
It’s common for many to feel uncertain about the future of Social Security benefits, fearing they might not receive any payments when they retire. This belief leads millions to neglect their retirement savings, putting their financial future at risk. Recent news about the Social Security trust funds potentially running out by 2035 has heightened these … Read more
Social Security is a vital lifeline for millions of retirees in the United States, providing essential income to cover monthly expenses and keep pace with inflation. Over the past decade, Social Security payments have evolved, reflecting economic and demographic changes. With new policies and periodic adjustments, average payments are expected to increase significantly by 2030, … Read more