Jatin Khanna
President Donald Trump’s Social Security tax plan could bring significant changes to retirees’ finances in the coming decade. By proposing to eliminate taxes on Social Security income for seniors, Trump aims to provide relief for those living on fixed incomes. While this may seem beneficial, the plan brings complexities that could affect the overall Social … Read more
January 22, 2025 is an important date for retirees across the United States as thousands of individuals will receive their Social Security payments. These payments mark the final disbursement for January and provide crucial financial support to eligible beneficiaries. While there is another payment set for later in the month and it is specifically for … Read more
The Supplemental Nutrition Assistance Program (SNAP) has increased its monthly benefit amounts for 2025, providing much needed relief to millions of households. $768 Monthly SNAP Benefits for Families of Three with an additional $220 for each extra household member. This adjustment addresses rising food costs and ensures families have better access to nutritious meals. Updated … Read more
Universal Basic Income is a policy concept where the government provides every citizen with a fixed amount of money regularly without conditions. The purpose of Universal Basic Income in the US is to: Essentially UBI serves as a no strings attached financial safety net. UBI vs. Guaranteed Income Program (GIP) Though often confused UBI and … Read more
The Social Security Disability Insurance (SSDI) program will see a 2.5% benefit increase in 2025, thanks to the Cost of Living Adjustment (COLA). This increase helps beneficiaries keep up with inflation. Average SSDI benefits, currently about $1,542 are expected to rise to around $1,580. How to Qualify for Maximum SSDI Benefits in 2025 To qualify … Read more
Many retirees and future beneficiaries are worried about a possible 21% cut in Social Security benefits. While this number has caused a lot of concern, it’s important to distinguish between facts and rumors and understand what this could really mean for you. Why Are 21% Social Security Cut Being Discussed? The 21% reduction stems from … Read more
In today’s tough economy every bit of financial relief counts. The IRS has announced automatic payments for eligible taxpayers focusing on those who missed out on claiming specific tax credits in their 2021 tax returns. This move has drawn significant attention especially from families hoping to ease financial pressures. What Are These IRS Payments? The … Read more
Social Security check for recipients born between the 11th and 20th of any month can expect their December 2025 payment soon. According to the Social Security Administration (SSA) payments of up to $4,873 will be deposited on Wednesday, 17th December 2025. This end of year payment is essential for many providing financial support during the … Read more
If you are a member of the United States Army then staying updated for your pay schedule is necessary. Military pay is usually deposited on the 1st and 15th of each month but weekends and holidays can sometimes cause delays. The good news is that USAA, a trusted bank offers an exciting benefit for military … Read more
Social Security Disability Insurance (SSDI) payments continue to follow their phased schedule this January and February 2025. The Social Security Administration (SSA) has set payment amounts for eligible beneficiaries reaching up to $1,530. $4,018 Disability Final SSDI Payment for January 2025: A Look at the Schedule SSDI payments are divided across the month based on … Read more