The Canadian government has announced a new retirement benefit, the CRA $1050 Pension, set to begin in July. This increase in pension assistance aims to help Canadian retirees cope with the rising cost of living. Read on to know about eligibility, payment dates, and the new pension amount. Every year, the Canada Revenue Agency (CRA) … Read more
Recently, numerous reports have circulated claiming a $600 increase in Social Security benefits this month. However, the Social Security Administration (SSA) has clarified that this information is false. The official cost-of-living adjustment (COLA) will not be released until October this year, with any new increases taking effect in January 2025. Therefore, any potential increase from … Read more
It’s no secret that the recent legislation, the Social Security 2100 Act, was passed by Congress to provide much-needed financial support to American citizens. The Social Security Administration (SSA) has rolled out several initiatives under this act, aiming to help qualified individuals improve their living standards, particularly in light of rising inflation. Here’s everything you … Read more
The Social Security Disability Insurance (SSDI) program recently announced a small but significant change to their payment schedule for June. Recipients of SSDI will receive their monthly benefits a day earlier than usual. If your birthday falls between the 11th and 20th, this change affects you directly. It’s important to remember that your monthly SSDI … Read more
Typically, Supplemental Security Income (SSI) benefits are delivered on the first day of each month. However, there is an unexpected change for next month: SSI beneficiaries will not receive their $943 monthly check in June. If you are a recipient of this program, it’s crucial to understand why this change is occurring and how it … Read more
Every month, the Social Security Administration (SSA) disburses payments to retired workers, survivors, and disabled individuals. Occasionally, these payment dates are adjusted due to federal holidays or weekends. The SSA, which manages Social Security payments for over 72 million beneficiaries in the United States, has announced such a change for June. If you’re a retired … Read more
The Supplemental Security Income (SSI) program is set to see some changes potentially on the horizon. According to predictions from The Seniors Citizen League, a Cost-of-Living Adjustment (COLA) of 2.66% might be in store for 2025. While these figures are speculative and dependent on future inflation rates, it’s intriguing to consider what these adjustments could … Read more
The U.S. Department of Agriculture (USDA) has announced that eligible households in certain states could receive substantial SNAP benefit payments, exceeding $3,000, within the next ten days. These food stamp benefits are distributed based on various factors, such as case number, Social Security number, and family name. Each state has a specific monthly payment schedule … Read more