Social Security beneficiaries should note the upcoming changes to the regular payment schedule in September. Typically, the Social Security Administration (SSA) delivers five rounds of payments to SSI recipients, retired workers, survivors, and disabled individuals every month. However, this month there will be only four rounds of payments due to some payment dates falling on … Read more
This week, retirees who claimed benefits before May 1997 will receive their Social Security checks on Friday, August 2nd. Typically, these recipients are paid on the third day of the month, but since August 3rd is a Saturday, the Social Security Administration (SSA) has rescheduled the payment to the preceding business day. Following this, the … Read more
Starting in October 2024, some Social Security beneficiaries will see an earlier-than-usual increase in their benefits due to changes in the way the Social Security Administration (SSA) calculates income. This change is primarily for participants in the Supplemental Security Income (SSI) program, which aids seniors with insufficient income and individuals with disabilities like blindness. The … Read more
The Social Security Administration (SSA) has revealed a significant decrease in the number of Supplemental Security Income (SSI) recipients over the past year. As of May 2024, the number of SSI beneficiaries dropped to 7,261,342 from 7,380,737 in May 2023, marking a reduction of 119,395 individuals. This decline raises questions and concerns, especially among those … Read more
Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) are crucial financial supports for millions of Americans who cannot work due to disabilities. While the average SSDI payment is around $1,537, the maximum benefit can reach up to $3,822. To achieve the highest possible SSDI payment, beneficiaries must meet specific criteria. Key Factors Simply … Read more
Breaking up can be tough, and moving on is often the next logical step. But some zodiac signs have a knack for rekindling old flames, drawn to the nostalgia and comfort of familiar love. Let’s look into the five zodiac signs most likely to get back together with an ex, and what drives them to … Read more
Timing can be everything in love, and some zodiac signs just seem to have the worst luck when it comes to aligning their feelings with the right moments. Whether they’re falling for someone unavailable or can’t seem to express their emotions at the right time, these signs often find themselves in love conundrums. Let’s cut … Read more
The Child Tax Credit (CTC) has been a hot topic of discussion, especially with the reforms introduced by the American Rescue Plan Act of 2021. As we approach 2024, many families are curious about the sustainability of this federal tax incentive and the potential for receiving monthly checks like those issued in 2021. Here, we’ll … Read more
The IRS recently announced a relief measure allowing about 6.8 million Americans to skip penalties when filing their tax returns for the past two years. This move is seen as a way to support people and businesses financially impacted by the pandemic. Significant Penalty Relief The IRS has decided to waive failure-to-pay penalties on assessed … Read more
In a bid to promote economic justice and encourage entrepreneurship, Ann Arbor, Michigan, has launched an innovative pilot program called “Guaranteed Income To Grow Ann Arbor” (GIG A2). This groundbreaking initiative provides $528 monthly stimulus checks to qualifying residents, supporting those who are struggling, newly self-employed, or gig workers. With the third round of payments … Read more