Donald Trump Wants to Make Change Social Security: What Affects Retirees

Donald Trump Wants to Make Change Social Security: What Affects Retirees

Donald Trump is set to retake office on January 20 and major changes may be on the horizon. During his 2024 campaign, he emphasized several big ideas, especially about taxes. One of his most notable proposals includes eliminating taxes on Social Security benefits for retirees. While this might sound like a financial relief for seniors … Read more

Top 10 States to Retire Comfortably on $1,976 Social Security

Top 10 States to Retire Comfortably on $1,976 Social Security

Retirement is an exciting phase of life, but planning where to live can make all the difference in how far your savings and Social Security go. While the average Social Security payment is $1,976 per month ($23,712 annually), some states make it easier to live comfortably on that income. Let’s explore the top ten states … Read more

Good News for Florida: Minimum Wage Increase Florida Residents Will See in 2025

Good News for Florida: Minimum Wage Increase Florida Residents Will See in 2025

This year the largest minimum wage increase Florida residents have ever seen Since the federal minimum wage last increased to $7.25 per hour in 2009 many states including Florida have taken steps to ensure fairer wages for their workers.  For a detailed guide on financial aid opportunities check out our article on FAFSA Application Form … Read more

Will the Social Security Fairness Act add an Extra $360 in benefits to you?

Will the Social Security Fairness Act add an Extra $360 in benefits to you?

If you’re a current or former public sector employee or the spouse, ex-spouse or survivor of one you could see a boost in your Social Security payments thanks to the new Social Security Fairness Act.  This law changes the game for millions of retirees by repealing old rules that reduced or even eliminated benefits for … Read more

Big Changes Ahead for Social Security: WEP and GPO Repeal

Big Changes Ahead for Social Security: WEP and GPO Repeal

Millions of Americans, especially public sector workers could soon see a big change in their Social Security benefits. A proposed bill known as the Social Security Fairness Act is gaining attention as it heads for a Senate vote. This bill aims to fix long standing issues in the system that have unfairly affected some teachers, … Read more

Retirement age adjustment starting from January 2025: Impact on Social Security benefits

Retirement age adjustment starting in January 2025

Starting 1  January 2025, there will be updates to the full retirement age (FRA) for Social Security benefits in the United States. These changes are part of a long term plan to keep the program running smoothly. Let’s find out what this means and how it could affect your retirement. What is the full retirement … Read more

When I Claim My $3000 Social Security: Will My Wife Automatically Receive Spousal Benefits?

When I Claim My $3,000 Social Security, Will My Wife Automatically Receive Spousal Benefits

When you file for Social Security benefits, your spouse becomes eligible for spousal benefits. However, these benefits are not granted automatically—your spouse must file a separate application with the Social Security Administration (SSA) to claim them. For instance, let’s say you will receive $3,000 per month at your full retirement age (FRA). Your wife could … Read more

Official News: $1797 Direct Payment to Visa and Mastercard Users

$1797 Direct Payment to Visa and Mastercard Users

If you are using a Visa or Mastercard debit card in the US ATM and paid extra fees you could be eligible for a $1797 direct payment as part of a massive $197 million settlement. This refund comes after a US court ruled that the extra charges applied by Visa and Mastercard were unlawful.  Now … Read more

$200 Increase in Social Security Benefits: Check Eligibility & Direct Deposit Dates for Jan 2025

$200 Increase in Social Security Benefits

For Social Security recipients a much anticipated $200 increase in monthly benefits will begin in January 2025. This initiative provides essential financial support to seniors, disabled individuals, and vulnerable citizens across the United States. Eligible recipients will receive their payments directly in bank accounts. These increased benefits aim to assist individuals struggling with rising living … Read more

Major Social Security Updates by 2025: What You Should Know

Major Social Security Updates by 2025: What You Should Know

Big Social Security updates are coming in the US and they could affect millions of Americans. The Social Security Administration (SSA) is introducing updates to make the program stronger and more sustainable for the future. These changes include raising the full retirement age, adjusting taxable income limits and implementing stricter rules for proof of identity … Read more