Tax credits allow you to directly reduce the amount of taxes owed, as long as certain conditions are met during the fiscal year. The Internal Revenue Service (IRS) has updated the amounts and eligibility criteria for a number of federal benefits for individuals and families in 2025. This report describes the options available and the...
The Social Security Administration (SSA) has announced that Supplemental Security Income (SSI) recipients will not receive their payments on March 1, 2025, because the day falls on a Saturday. Instead, the deposit will be moved forward to Friday, February 28. This adjustment ensures that funds arrive on time, regardless of the weekend. SSI is a...
Low-income households in Florida receive food assistance through the Supplemental Nutrition Assistance Program (SNAP), which is administered at the federal level by the United States Department of Agriculture (USDA) and at the local level by the Department of Children and Families (DCF). This article discusses the March 2025 payment dates, maximum amounts, eligibility criteria, and...
Social Security payments, which cover retirement, disability, and survivor benefits, are made monthly on a staggered schedule based on the beneficiary’s date of birth or certain special circumstances. Since June 1997, the Social Security Administration (SSA) has used this system to avoid congestion by assigning payments on specific dates: the third day of the month...
Sending all of the tax return documentation to fulfil tax-related obligations is not the most enjoyable task for US citizens. However, it is recommended that you do so in order to avoid any issues related to IRS fines or penalties. And, while it is true that we may encounter difficulties when submitting our Tax Return...
The United States government has announced the official payment schedule for Social Security, as well as other assistance programs such as SSI, SSDI, and VA, for the months of March and April 2025. Knowing these dates in advance is critical for millions of beneficiaries who rely on these payments to meet their basic needs. These...
In recent weeks, speculation has grown that the Department of Government Efficiency (DOGE), led by Elon Musk, may distribute $5,000 checks to American taxpayers. The proposal, reminiscent of the stimulus checks issued during the pandemic, seeks to return 20% of the agency’s savings to the public. The initiative, known as the “DOGE Dividend,” was proposed...
The Social Security Administration (SSA) has announced significant progress toward distributing retroactive payments to beneficiaries affected by the Social Security Fairness Act. This new legislation, passed at the end of 2024, repeals two key provisions—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—that previously reduced or eliminated benefits for certain public sector workers,...
Disability payments for eligible US citizens will arrive at their homes within the next few hours, thanks to Direct Deposit. The remaining beneficiaries of this benefit will also receive their payments, albeit a few days later. In fact, the Social Security Administration has already sent one of the checks to one of these organizations, so...
The Social Security Administration will make a number of significant changes in 2025 that will affect both retirees and future beneficiaries. This program, which provides income to millions of Americans, is critical to the personal economy, particularly for those who rely on it after leaving the workforce. Indeed, official statistics show that approximately 40% of...