The Internal Revenue Service has started IRS Mass Layoffs, cutting thousands of jobs and sparking uncertainty, especially during tax season. Reports indicate that around 7,000 workers—nearly 7% of the agency’s workforce—are being let go as part of a large-scale restructuring effort. Most of the layoffs are hitting the enforcement and collections divisions, which handle audits … Read more
Supplemental Security Income (SSI) provides financial assistance to those who need it most. Starting in 2025 beneficiaries could get higher payments due to adjustments for inflation. Here’s what you need to know about who’s eligible, how much they could get, and when payments will arrive. How Much Will SSI Pay in 2025? The amount of … Read more
The Social Security Administration (SSA) sent termination notices to several employees this week. While layoffs across federal agencies have been a common theme since President Donald Trump returned to office, the cuts at SSA are on a much smaller scale compared to other departments. The Department of Government Efficiency, led by billionaire Elon Musk, has … Read more
Lately, there’s been a lot of talk about whether people over 100 years old are still receiving Social Security payments. Some even claim that people as old as 300 years are getting checks! But is this really happening? Let’s break it down in simple terms. What’s really happening? So, there’s been talk about whether people … Read more
If you’re 66 years old, you may have a Social Security payment coming your way soon. Your payment could arrive in February or March depending on when you were born and when you filed for benefits. Here’s a breakdown of when to expect your money and how much you might receive. How Much Will You … Read more
If you receive Supplemental Security Income (SSI), your next payment will arrive on February 28, 2025. Normally, SSI payments are sent out on the first day of each month, so this might seem unusual. However, since March 1 falls on a Saturday, the Social Security Administration (SSA) is moving the payment to the last business … Read more
Millions of Americans rely on the Supplemental Nutrition Assistance Program (SNAP) to help cover food expenses each month. This program, also known as Food Stamps, provides financial assistance to low-income individuals and families. If you qualify, you can receive SNAP benefits even if you also collect Social Security or Supplemental Security Income (SSI). However, SNAP … Read more
As the 2025 Permanent Fund Dividend (PFD) application period begins, more than 300,000 Americans have already requested this stimulus check up to $1,702. This annual payout provides financial relief to eligible Alaskans, ensuring they benefit from the state’s resource wealth. If you haven’t applied yet, the window is open from January 1, 2025, to March … Read more
In February 2025, Social Security recipients will see a significant increase in their benefits, with the maximum monthly payment rising to $4,018. But what does this mean for you? Is the $3,822 payment still in effect, and who qualifies for the highest amount? This article will guide you through the changes, eligibility, payment dates, and … Read more
As of February 2025, there has been a lot of talk about $1,000 stimulus checks. However, these aren’t new federal checks for this year. Instead, the IRS is issuing payments up to $1,400 to people who missed out on the Recovery Rebate Credit for their 2021 tax returns. If you haven’t filed your 2021 tax … Read more