The 2025 tax season officially began on January 27, 2025, with the Internal Revenue Service (IRS) actively processing and issuing refunds for 2024 individual tax returns. Taxpayers who filed their returns electronically can typically expect refunds within 21 days, although certain delays may occur due to issues such as filing methods, errors, or specific credits. … Read more
Alaska offers a stimulus check every year called the Permanent Fund Dividend (PFD), available exclusively to its residents. The dividend is funded through the state’s oil extraction profits and provides financial assistance to thousands of eligible citizens annually. The upcoming PFD for 2025 is projected to be $1,718 per person, an increase from the $1,702 … Read more
Millions of Americans rely on Social Security benefits to help with living expenses, and it’s crucial to know when payments will be issued. The Social Security Administration (SSA) provides retirement, survivor, and disability benefits to over 70 million recipients every month, with payments arriving on different days depending on when the individual first started receiving … Read more
In 2025, the Social Security Administration (SSA) is implementing significant changes that will impact millions of Americans. These changes include the Social Security Fairness Act retroactive payments, adjustments to the overpayment recovery process, and new policies affecting those applying for benefits. The new regulations, which began in March, will provide much-needed relief to retirees who … Read more
Social Security benefits serve as a crucial component of retirement income for millions of Americans. Understanding how these benefits vary by age can help individuals make informed decisions about when to start claiming and how to plan for their financial future. Average Benefits at Age 62 At age 62, individuals become eligible to claim Social … Read more
As of March 2025, the Internal Revenue Service (IRS) reports that over 1.1 million Americans have yet to claim their 2021 tax refunds, totaling more than $1 billion. Additionally, many individuals are unaware of their eligibility for the $1,400 stimulus payments under the Recovery Rebate Credit. With the April 15, 2025, deadline fast approaching, it’s … Read more
In March 2025, millions of Canadians will receive a one-time $250 GST Relief Payment as part of the government’s efforts to combat rising living costs. This relief is aimed at helping lower and middle-income families manage essential expenses amidst inflation. Here’s everything you need to know about eligibility, payment dates, and how to claim it. … Read more
The Social Security Administration (SSA) is set to implement new identity verification procedures starting March 31, 2025, aimed at combating fraud within the system. These changes, however, may lead to delays or denials of benefits for millions of new retirees. Overview of the New Identity Verification Procedures The SSA’s updated measures will require individuals seeking … Read more
In a decisive move to combat fraudulent activities, the Social Security Administration (SSA) has announced that, effective March 31, 2025, all new applicants and existing beneficiaries seeking to modify direct deposit details must undergo in-person identity verification at local SSA offices. This policy shift aims to enhance the security of Social Security benefits and personal … Read more
September 17 marks the annual observance of Constitution Day and Citizenship Day, a significant day for Americans to celebrate the pivotal role the U.S. Constitution plays in shaping the nation’s identity. This day encourages reflection on the importance of being a U.S. citizen and provides an opportunity to welcome new citizens who have recently completed … Read more
