In 2025 married couples in the US who qualify for Supplemental Security Income (SSI) could receive up to $17,404 a year. This amount includes a 2.5% increase to help families deal with the rising costs of things like healthcare, food and housing. If you’re wondering how to qualify for this benefit, when payments are made … Read more
Social Security Benefits Under Trump has raised concerns about potential cuts with some of his proposals possibly affecting the program’s finances. But does this mean you should claim your benefits early to avoid possible reductions? Let us dive into what you need to know. The Financial Outlook for Social Security Social Security is not disappearing … Read more
https://www.ssa.gov/disabilityThe Social Security Administration (SSA) plays a crucial role in managing essential programs like the Supplemental Security Income (SSI) and the Social Security Disability Insurance (SSDI). SSDI is a lifeline for those who have contributed to the system through taxes and have met the required work history but the understanding the variation of the program … Read more
The Internal Revenue Service (IRS) is preparing to issue the first tax refunds and many taxpayers are eager to know when they’ll receive their money. IRS tax refunds are coming early and filing your return on time is crucial to ensuring you get yours without delays. By submitting all your paperwork accurately and early you … Read more
The IRS has recently announced that it will send stimulus payments of up to $1,400 to 1 million eligible taxpayers. This step has been taken to help those Americans who did not claim the Recovery Rebate Credit in 2021. Let’s know what this special initiative is and how you can take advantage of it. What … Read more
The IRS has announced an exciting refund program of up to $6,600 for eligible United States residents. This venture targets 2020 and 2021 tax filers who qualify for specific tax credits like the Child Tax Credit or the Earned Income Tax Credit. If you missed out on these benefits then now is the right time … Read more
As tax season approaches understanding how to maximize your refund can make a big difference. The IRS has announced that tax filing for 2024 returns will begin on Monday, January 27, 2025. Among the most valuable credits available this year is the Earned Income Tax Credit (EITC), which offers eligible taxpayers up to $7,830. This … Read more
On January 5 President Joe Biden signed the Social Security Fairness Act into law stirring up heated discussions among policymakers, unions and financial experts. While supporters hail the move as a win for public worker retirees critics warn that it could further strain the already fragile Social Security program. What Does the Law Change? The … Read more
USAA to Pay $64.2 Million in Settlement to resolve a class action lawsuit involving military customers who were charged excessive fees and interest rates. The bank known for its services to military families has agreed to compensate over 210,000 eligible members for these violations of the Servicemembers Civil Relief Act (SCRA). Though USAA denies any … Read more
The Social Security Administration (SSA) has announced key updates to the Social Security Payment Schedule for February 2025. These changes are designed to ensure that beneficiaries receive their funds on time, even with adjustments to the calendar. Let’s break it down into simple terms. Why the Change? Since February 1 2025 falls on a Saturday … Read more