Social Security Benefit Increases for 2025 What We Know So Far

Full frame shot of us paper currency.

Every year, the Social Security Administration (SSA) calculates the cost-of-living adjustment (COLA) to help beneficiaries keep up with inflation and maintain their purchasing power. This adjustment isn’t guaranteed annually, but it frequently occurs to ensure seniors and other pensioners can manage their costs. How COLA is Calculated COLA is based on data from the Consumer … Read more

Final Social Security Payment Goes Out Next Week Seniors to Receive $1,400

Usa coin with dollar banknotes on flag of america.

Next week marks a significant date for seniors who qualify for Supplemental Security Income (SSI) benefits. The Social Security Administration (SSA) is set to distribute the final Social Security payment of over $1,400. This monthly benefit reaches approximately 72 million retirees, survivors, disabled individuals, and low-income seniors eligible for retirement, survivors, disability insurance (RSDI), and … Read more

Don’t Claim Social Security Benefits Yet – You’ll Get More Money If You Wait a Year

Magnetic compass The concept of finding successful solutions problems.

Retirement is often seen as the ultimate reward after years of hard work—a time to relax without the constraints of an alarm clock or a set schedule. However, rushing into retirement and claiming Social Security benefits prematurely can lead to financial regrets. To help you make the most informed decision, we spoke with Chris Urban, … Read more

SNAP Benefit Increase for Texas Storm Victims – How to Apply

Full frame shot of patterned wall.

After a period of severe weather in Texas, the state is beginning to recover from the extensive damage. The storms, which began on Thursday, May 16, caused significant property damage, flooding, downed trees, power outages, and other secondary effects. Tragically, four people have died as a direct result of the storms. Currently, more than 100,000 … Read more

Social Security Benefit Increase $1,900 Check Could Rise Soon

Many american dollars on american dollar background.

Millions of Social Security beneficiaries are eagerly awaiting an expected increase in their monthly benefits to help combat inflation pressures. While the official cost of living adjustment (COLA) for 2025 has not yet been announced, many estimates suggest it could exceed 3% due to rising inflation. This adjustment is crucial for retirees, survivors, disabled individuals, … Read more

Why Social Security Beneficiaries Will Get One Less Payment in June

Banknotes in mini bucket on plaster and wooden table.

In June, Social Security payments will follow a slightly altered schedule to ensure recipients receive their benefits on time. This adjustment is essential for many who rely heavily on these payments. Why the Change in Schedule? The Social Security Administration (SSA) occasionally shifts payment dates when the first of the month falls on a weekend … Read more

SSDI Direct Payment Update New June Disability Payment Dates Announced

American money - us dollar on flag of america.

The Social Security Administration (SSA) provides disability benefits to approximately 55 million people across the United States. Due to the upcoming Juneteenth National Independence Day, which is a federal holiday, there will be a slight change in the Social Security Disability Insurance (SSDI) payment schedule. If you qualify for SSDI, here’s what you need to … Read more

Government Announces Special Payments for Thousands if They Meet These Criteria

Magnetic compass The concept of finding successful solutions problems.

The world of cryptocurrencies is no stranger to controversy, but the latest news is making significant waves. New York Attorney General Letitia James has announced a groundbreaking settlement with several key players in the crypto industry, costing them a staggering $2 billion. This settlement is a major win for investors, particularly the nearly 30,000 New … Read more

Thousands of Americans Still Eligible for $1,050 Direct Payment if They Meet These Requirements

A purse with the American dollars is isolated on a wooden background.

In an effort to mitigate the impact of inflation on its residents, California initiated the Middle-Class Tax Refund (MCTR) program. This one-time payment, orchestrated by Governor Gavin Newsom in collaboration with state lawmakers, was distributed between October 2022 and September 2023. How the Payments Work The MCTR payments ranged from $200 to $1,050, determined by … Read more

Visa Announces Changes to Card Payments and How They Will Work

Visa credit card.

Visa, a leading player in the global payments industry, is rolling out several new features aimed at enhancing the user experience. These updates, seen at the Visa Payments Forum in San Francisco, promise to make transactions more seamless and secure for cardholders. No More Physical Cards One of the most anticipated changes is that users … Read more