The Canada Revenue Agency (CRA) has always played a pivotal role in the financial upliftment of Canadians. Over the years, various programs and schemes introduced by the CRA have made significant impacts, particularly for senior citizens. Given the rising inflation and financial challenges, there are discussions about a possible extra Old Age Security (OAS) payment … Read more
The South African Social Security Agency (SASSA) plays a vital role in supporting vulnerable groups in South Africa. By providing financial aid, SASSA helps alleviate poverty and improve the quality of life for many citizens. Let’s cut into the SASSA payment schedule for July 2024 and look into the different grants available. Schedule Understanding when … Read more
The United States federal government is set to provide $4,873 plus $1,900 for SSDI and VA beneficiaries in June 2024. This initiative aims to support senior citizens, disabled individuals, and low-income households across the nation. Here’s everything you need to know about eligibility and payment dates for this significant financial aid. Who Is Eligible? To … Read more
Life can be tough for low-income citizens in the United States, especially with the rising cost of living. Thankfully, programs like SSI (Supplemental Security Income) and SSDI (Social Security Disability Insurance) exist to help. The Social Security Administration (SSA) offers monthly financial aid to those in need, particularly as we face high inflation rates post-COVID-19. … Read more
The Social Security Administration (SSA) is the federal agency responsible for administering monthly payments to about 67 million retired workers in the United States. These payments come from the Retirement, Survivor, and Disability Insurance (RSDI) program, funded by a payroll tax. Both employers and employees contribute 6.2% of wages up to the taxable maximum of … Read more
As COVID-19 wreaked havoc on the global economy, the federal government stepped in with billions of dollars in stimulus checks to aid struggling Americans. Recently, the IRS confirmed that there won’t be a fourth round of federal stimulus checks. However, there are still opportunities for financial relief available. If you’re curious about the current stimulus … Read more
June brings a change for seniors over 65 receiving Supplemental Security Income (SSI) benefits: there will be no SSI payments this month. This adjustment comes after the Social Security Administration (SSA) issued a double payment in May, as the first of June falls on a Saturday. When this occurs, the SSA reschedules payments to the … Read more
The authorities have approved the $2800 New Social Security Check for May 2024, benefiting SSI, SSDI, and VA recipients. This announcement brings good news to qualified Social Security beneficiaries across the United States. Eligible individuals can look forward to increased payments from various programs, including SSA, SSDI, SSI, and VA, reaching up to $2800. The … Read more
The Internal Revenue Service (IRS) is considering a $1,400 4th Stimulus Check for SSDI, SSI, and low-income individuals in 2024. After three rounds of stimulus checks, lawmakers are discussing the possibility of a fourth round of payments. While there’s a lot of enthusiasm for providing direct financial help to U.S. citizens, an official confirmation for … Read more
Are you ready for some good news? In 2024, the federal government of the United States is gearing up to provide significant financial assistance through $4,873 + $1,900 stimulus checks and Social Security payments. This initiative aims to support qualified U.S. citizens, especially those over 65 or with disabilities, as well as individuals with low … Read more