If you’re a disability worker receiving Social Security Disability Insurance (SSDI), it’s important to confirm whether your payment will be deposited into your bank account on the fourth Wednesday of March. The Social Security Administration (SSA) processes three large payment groups each month, directing funds to eligible recipients of the federal SSDI program. For March … Read more
Social Security’s annual Cost-of-Living Adjustment (COLA) is designed to help beneficiaries maintain their purchasing power amidst inflation. However, projections for the 2026 COLA indicate a modest increase, which may not sufficiently address the rising expenses faced by retirees. Understanding COLA The COLA is an annual adjustment to Social Security benefits, intended to counteract inflation’s impact … Read more
Exciting news is expected for Canadian retirees as the government plans a one-time $2700 direct deposit for all eligible individuals aged 60 and above in April 2025. This direct payment will provide financial assistance to those who have contributed to the Canada Pension Plan (CPP) for at least 40 years. While this additional payment is … Read more
If you or someone you know is relying on the Canada Pension Plan (CPP) Disability Benefit, you’re not alone. Many Canadians depend on this benefit as a vital source of financial support when serious, long-term health conditions prevent them from working. In this article, we’ll cover everything you need to know about the $1,673.24 CPP … Read more
In exciting news for millions of South African Social Security Agency (Sassa) grant recipients, all permanent grants will be paid earlier in April 2025. This comes as a major relief, especially as the Easter weekend and public holidays fall around the usual payment dates. Alongside this shift, Sassa also announced increased payment amounts to support … Read more
A major error by the South African Social Security Agency (SASSA) has resulted in a staggering loss of over R140 million. This blunder was attributed to delays in the delivery of official death registrations from the Department of Home Affairs (DHA). As a consequence, SASSA mistakenly made 75,000 social grant payments to individuals who were … Read more
Finance expert David Koch has expressed his opinion that the government’s proposed $150 energy rebate is unnecessary for people like him. This rebate, aimed at providing cost-of-living relief, is scheduled to be detailed in tonight’s Federal Budget. Koch, who serves as the Economic Director at Compare the Market, has suggested that the rebate should be … Read more
In April 2025, Centrelink will implement several important reforms to pension payments and other benefits aimed at transforming retirement for millions of Australians. These reforms include increases to pension payments, changes to asset thresholds, revised deeming rates, and new supplementary benefits designed to improve the quality of life for retirees. This article explores these reforms … Read more
The Lincoln Wheat Penny, minted from 1909 to 1958, holds a special place in American numismatics. Recently, rumors have circulated about a Lincoln Wheat Penny valued at an astounding $45 million. While this figure is more myth than reality, certain rare variations of this coin can indeed fetch significant sums. Understanding these nuances can help … Read more
Tax season can be a stressful time for many, but the reward of receiving a tax refund brings much-needed relief. The Internal Revenue Service (IRS) typically processes refunds within 10 to 21 days, although various factors, such as the method of filing and the credits claimed, can affect the timing. For taxpayers eagerly awaiting their … Read more