The next round of disability benefits is just around the corner, with the Social Security Administration (SSA) set to send a new Social Security Disability Insurance (SSDI) payment on July 24 for eligible recipients. Here’s a comprehensive look at the upcoming payments and what recipients can expect. July 24 SSDI Payment To receive the SSDI … Read more
Several states in the U.S. are set to issue stimulus checks and establish guaranteed Universal Basic Income (UBI) programs by July 2024. These initiatives aim to alleviate poverty and provide financial assistance to low-income families and individuals. Overview In various counties across California and cities in New York, programs are being rolled out to meet … Read more
Seniors may experience a Social Security trend that hasn’t occurred in more than three decades. Each year, Social Security payments are adjusted based on the cost-of-living adjustment (COLA), which considers inflation impacts. Inflation affects seniors in various sectors, including housing, groceries, and healthcare. Notably, COLAs have been consistently high since 2022, reflecting the ongoing inflation … Read more
In 2024, the US Federal Government is set to distribute new stimulus checks of $550 and $2400 to low-income recipients. These checks aim to alleviate the financial strain caused by rising living costs due to inflation. Let’s cut into the details of these stimulus checks and what they mean for eligible Americans. Recipients The $550 … Read more
The $1,116.30 per fortnight Single Pension is a cornerstone of Australia’s social security system, offering vital financial support to older Australians who have retired from the workforce. Here, we’ll look into the key aspects of this payment, including eligibility criteria, payment dates, and recent news. Overview In Australia, pensions come in various forms, with the … Read more
In a significant move to rectify past payment errors, the Social Security Administration (SSA) has released over $900 million owed to disability beneficiaries. Announced in a government blog post on July 16, 2024, this initiative addresses the $901 million owed to Supplemental Security Income (SSI) recipients as of June 2024. SSI supports individuals over 65, … Read more
The Department for Work and Pensions (DWP) has recently published a list of people who will not be eligible to claim Universal Credit (UC) in the coming months. This article outlines the key groups exempt from transitioning to UC, providing crucial details for those affected. Universal Credit was designed to streamline the welfare system, combining … Read more
With the arrival of July, millions of Americans can expect to receive $1,600 stimulus checks if they qualify for property tax, rent, and heat rebates. This program aims to provide financial assistance to eligible residents to help with housing costs. Colorado residents, in particular, may receive up to $1,600 to cover these expenses. This article … Read more
Have you heard the buzz about the potential for 2x stimulus payments for SSI, SSDI, SSA, and VA recipients? The anticipation is high as the fourth installment of the stimulus is expected soon. Many beneficiaries have already seen an increase in their monthly checks. If you’re still waiting, read on to know about the updates … Read more
Canada’s federal government is stepping up to support low-income seniors with an extra $1,200 payment through the Canada Revenue Agency (CRA). This initiative aims to help seniors manage their expenses amid rising inflation and cost of living. If you’re a senior citizen, read on to know more about this extra payment, eligibility criteria, and how … Read more