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
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
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
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
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
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
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, 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
Millions of Americans receive payments from the Social Security Administration (SSA), but only a small fraction qualify for the largest checks or direct deposits. Understanding how the SSA’s rules work is crucial to maximizing your retirement benefits. Early Retirement at 62 At age 62, the average Social Security payment is less than $1,300 per month. … Read more
Social Security payments are crucial for many Americans, particularly those receiving Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI). Here’s what you need to know about the upcoming payment dates and eligibility requirements. May SSI Payment Schedule Although most payments for May will conclude by May 22, SSI recipients will receive an additional … Read more