Finance

5.2% Increase to Social Security Maximum Taxable Earnings – Impact on SSI, SSA, SSDI, and VA Benefits

by
Joe Biden

With a 5.2% increase in Social Security maximum taxable earnings, seniors and other beneficiaries can look forward to higher benefits. This government-mandated adjustment provides an opportunity for recipients to better plan their finances. Last year, the Cost-of-Living Adjustment (COLA) was 8.7%, and many retirees benefited significantly. As always, beneficiaries must pay taxes on their total … Read more

Changes to Social Security Payday for August 2024 – Important Updates

by
Joe Biden

The Social Security Administration (SSA) has announced important changes to the payment schedules for Supplemental Security Income (SSI) and Social Security benefits. These adjustments are set to take place in August and September, affecting millions of beneficiaries. Here’s what you need to know to stay updated and manage your finances effectively. August 1 For those … Read more

Social Security Releases $900 Million in Back Payments – Determine Your Beneficiary Status

by
Joe Biden

The Social Security Administration (SSA) recently announced a major payout to disabled beneficiaries. In a blog post dated July 16, the SSA revealed that as of June 2024, they have disbursed $901 million in back payments to Supplemental Security Income (SSI) recipients. SSI Explained Supplemental Security Income (SSI) is a program designed to assist individuals … Read more

Social Security Schedules 3 Payments Over the Next 2 Weeks

by
Joe Biden

Are you a retiree, on disability (SSDI), or receiving SSI (Supplemental Security Income)? If so, you might be getting a payment within the next two weeks, provided you’re eligible. First up, there’s a payment scheduled for retirees and disability insurance recipients on July 24. To qualify, you must have been receiving benefits since before April … Read more

Don’t Miss This Upcoming IRS Deadline – Essential for Thousands of Taxpayers

by
Joe Biden

Although millions of American taxpayers have already filed their 2023 tax returns in 2024, thousands have not yet done so. For those who requested an extension, the IRS has set a crucial deadline. Even though the initial deadline was April 15, an extension only postpones the filing date, not the payment date. Taxes owed should … Read more

$800 Electricity Payment Announced as Cost of Living Doubles – Eligibility, Dates, and How to Claim

by
Anthony Albanese

With the cost of living on the rise, thousands of households in the ACT are set to benefit from an $800 rebate on their utility bills. Here’s what you need to know about eligibility, dates, and how to claim this payment. Updates The South Australian government has increased its emergency electricity payment from $400 to … Read more

$300 Energy Rebate ($75 Per Quarter) Starting July 1st – Who Can Claim and Payment Dates

by
Anthony Albanese

The Australian government has introduced a $300 energy rebate to help households cope with rising energy costs. Here’s what you need to know about eligibility, payment dates, and how this rebate will be applied. Rebate Announced by Treasurer Jim Chalmers, this $300 energy rebate aims to provide financial relief to all Australian households, regardless of … Read more

Federal Tax Refund Checks on the Way – Payment Amount, Dates, and Eligibility

by
Joe Biden

In the upcoming days, the Internal Revenue Service (IRS) will begin delivering tax refund checks to low and moderate-income taxpayers based on their annual net gross income. These refunds provide much-needed financial relief, especially in times of rising inflation. This article knows everything you need to know about the federal tax refund checks, including payment … Read more

CTC Status Check – No Payment Yet? Track Your CTC Refund Payment

by
Joe Biden

The Child Tax Credit (CTC) is a valuable benefit for families with dependent children, designed to reduce tax liability and provide a tax refund when the credit exceeds the tax owed. In 2021, the CTC offered advanced monthly payments, but in 2024, the program reverted to its traditional form. This article will guide you through … Read more