The cost of raising a child is significant, and many families struggle to make ends meet in today’s economy. Thankfully, the Child Tax Credit (CTC) is here to provide relief. This tax benefit helps families reduce their financial burden, and recent changes have enhanced the credit, offering greater support to parents and guardians. However, a … Read more
Canada’s federal government recognizes the financial challenges retirees face, especially with rising living costs and inflation. To support Canadian retirees in maintaining their living standards, the Canada Revenue Agency (CRA) has announced an increase in the Canada Pension Plan (CPP) payments for April 2025. This adjustment aims to provide financial relief and help retirees manage … Read more
As April 2025 approaches, discussions have emerged regarding a potential direct deposit payment of $4,983. This article aims to provide clarity on the nature of this payment, eligibility criteria, and steps to verify claim status. Clarifying the $4,983 Payment The Internal Revenue Service (IRS) has announced that over 1.1 million taxpayers have unclaimed refunds from … Read more
The South African Social Security Agency (SASSA) has confirmed the early payment dates for social grants in April 2025, along with significant increases in the value of various grants. This announcement brings good news for recipients, as the agency has set clear dates for payments and introduced an increase in the amount of financial assistance … Read more
The Administration has announced that the Supplemental Security Income (SSI) payment for April 1, 2025, will be processed on that specific date. This is different from the earlier months, where payments were issued ahead of schedule in January, February, and March. The payment will be issued on April 1, 2025, and all SSI beneficiaries will … Read more
In response to the ongoing rise in living costs and to ensure financial stability for seniors, the Canada Revenue Agency (CRA) has announced an increase in payments for CPP, OAS, and GIS starting in April 2025. These benefit adjustments reflect the government’s commitment to supporting retirees through regular increases based on inflation and the Consumer … Read more
April 2025 ushers in significant changes for millions of Social Security beneficiaries. The enactment of the Social Security Fairness Act has led to the repeal of provisions that previously reduced benefits for certain public sector workers. This legislative change ensures that affected individuals receive the full Social Security benefits they rightfully earned. Understanding the Social Security … Read more
As of 20 March 2025, the South African Social Security Agency (SASSA) officially phased out its widely used gold cards. In their place, a new black Postbank card is being introduced to ensure continuity and security for social grant beneficiaries. This migration affects millions and is essential for maintaining access to social grant payments from … Read more
Big news for retirees! Social Security payments of up to $5,108 are being deposited as early as March 26, 2025. If you’re among the eligible recipients, your payment could be landing in your bank account within hours. Whether you’re already receiving benefits or are approaching retirement, understanding your eligibility, payment schedule, and how your benefit amount is calculated is key … Read more
Canadian seniors relying on government assistance through the Canada Pension Plan (CPP) and Old Age Security (OAS) can anticipate their March 2025 payments arriving this week. Understanding the payment schedules, eligibility criteria, and benefit amounts is essential for effective financial planning. Payment Dates for March 2025 The scheduled payment dates for March 2025 are as … Read more