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.
As the end of the year approaches, many retired workers are curious about how much their Social Security checks will increase in 2025. Typically, the Social Security Administration (SSA) announces the cost-of-living adjustment (COLA) in October, which determines how much payments will increase to help beneficiaries keep pace with inflation. Last year’s COLA was set … Read more
As each year comes to a close, many beneficiaries of the Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps, anticipate changes in their benefits due to the cost of living adjustment (COLA). This annual adjustment, implemented by the United States Department of Agriculture (USDA), is designed to ensure that SNAP benefits keep pace … Read more
Millions of recipients in the United States are about to receive their Social Security Disability Insurance (SSDI) payments, with direct deposits scheduled to arrive in bank accounts within the next 24 hours. For many, these payments provide vital financial support, ensuring they can manage their living expenses despite being unable to work due to a … Read more
If you’re a recipient of Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI), staying informed about your payment schedule is essential. In August 2024, SSI recipients were among the first to receive their payments, but a slight change in the schedule means they won’t get their usual deposit on September 1, 2024. The … Read more
Navigating the process of applying for Social Security Disability Insurance (SSDI) can be daunting, but knowing the essential details can help streamline the experience. The Social Security Administration (SSA) has announced that a new round of disability benefits payments will be issued to eligible recipients today. To ensure you receive these payments, it’s crucial to … Read more
While Alaska’s Permanent Fund Dividend (PFD) checks are not stimulus payments, they can feel like one due to their substantial amounts. In 2024, Alaskans can expect to receive a sizeable payment that, for many, will resemble the financial boost of a stimulus check. Let’s break down the details of the upcoming PFD payments, who qualifies, … Read more
The U.S. Department of Agriculture’s Food and Nutrition Service has announced significant changes to the Supplemental Nutrition Assistance Program (SNAP), formerly known as Food Stamps. These changes, set to take effect on October 1, 2024, will impact millions of beneficiaries across the country. Two key updates include adjustments to the Cost of Living Adjustment (COLA) … Read more
Universal Credit provides essential financial support to millions of people in the UK, particularly those struggling to make ends meet. However, while Universal Credit itself doesn’t directly offer supermarket vouchers, other government programs are available that can assist individuals and families in need. Two key initiatives include the NHS Healthy Start Scheme and the Household … Read more
Planning your finances as a retiree in the United States is much easier when you know exactly when your Social Security check will arrive. The Social Security Administration (SSA) provides a payment schedule at the start of each year, making it straightforward for beneficiaries to organize their monthly budgets. For August 2024, there are several … Read more
Many SSDI recipients in the United States are about to receive their direct deposit payments. For some, the money will be in their bank accounts within the next 24 hours. However, not everyone is eligible for these upcoming payments, and it’s important to know who qualifies and when the deposits will be made. Who’s Eligible? … Read more