As the year 2025 approaches, many Americans are curious about what the Cost of Living Adjustment (COLA) will be for Social Security benefits. Each year, the U.S. Government announces an adjustment that aims to help Social Security recipients keep up with inflation. This adjustment is especially important for seniors, retirees, and people with disabilities who...
The United States government is once again exploring financial relief measures for Americans in the form of a new stimulus check package. With talks of up to $2,000 being distributed to eligible individuals, the 2025 IRS stimulus checks have sparked widespread attention and debate. Here’s what you need to know about potential eligibility requirements, payment...
The Child Tax Credit (CTC) has been a significant source of financial relief for many families in the United States. The expanded version of the CTC, introduced during the COVID-19 pandemic, aimed to support families with children by offering higher payments and monthly distributions. With the changes continuing into 2025, many are wondering when the...
A divorced spouse may be entitled to receive up to half of your Social Security retirement or disability benefits, but certain requirements must be met for this to apply. The Social Security Administration (SSA) allows an ex-spouse to claim benefits based on their former spouse’s work record under specific circumstances. This benefit is available regardless of whether the primary beneficiary...
If your wallet is still reeling from the holiday season, the next few weeks might bring some welcome financial relief. The IRS is set to distribute payments of up to $1,400 to nearly one million taxpayers. Here’s a breakdown of who qualifies, what steps you might need to take, and the larger economic policy changes...
Planning for retirement can feel overwhelming, but understanding how your Social Security benefits compare to others in your age group can help. As of November 2024, over 59 million retired workers received monthly benefits, totaling $99.5 billion. The average monthly check for retired workers in November 2024 was $1,925.46, according to the Social Security Administration...
For many families in Florida, Temporary Cash Assistance (TCA) is more than just a lifeline—it’s a chance to get back on their feet while keeping their kids safe and cared for. Whether you’re new to the program or just checking on this month’s schedule, here’s everything you need to know about TCA, including January 2025...
For the millions of retirees who have been waiting to claim their Social Security benefits to finally enjoy their golden years, getting their first payment after working for more than 40 years could be one of the most exciting times of their lives. Retirees and other beneficiaries can get different amounts of money each month, depending on...
The Social Security Administration (SSA) has announced major updates effective January 1, 2025. These changes aim to address inflation and ensure financial stability for over 70 million beneficiaries. Whether you are retired, living with a disability, VA, or rely on Social Security benefits, understanding these updates is crucial to planning your financial future. Cost-of-Living Adjustment...
Is the ‘Social Security Fairness Act’ on track to be enacted? Here’s what you need to understand The “Social Security Fairness Act” — HR 82 — proposes changes to Social Security regulations that could impact millions, but it requires presidential approval to become law. A bipartisan bill was initially presented in 2023, but Congress only...