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
Supplemental Security Income (SSI) provides financial assistance to individuals with limited income and resources. As of April 2025, the maximum federal SSI payment amounts are: These figures represent the highest possible federal payments. Actual amounts may vary based on factors such as additional income, living arrangements, and state supplements. Average SSI Payments: A Closer Look While the … Read more
As the cost of living continues to rise, the U.S. government has announced a significant increase to the Child Tax Credit (CTC) for 2025. Eligible families could receive up to $3,500 per child, providing crucial financial support for parents covering everyday expenses such as food, healthcare, and childcare. This article details everything you need to … Read more
Coin collecting is a fascinating hobby that can sometimes lead to unexpected treasures. Among the vast array of coins, certain dimes and a special Bicentennial quarter stand out due to their rarity and significant value. These coins, still possibly lurking in circulation, have fetched impressive sums at auctions, making them highly sought after by collectors. … Read more
A fresh round of disability benefit payments from the Veterans Affairs (VA) and Social Security Disability Insurance (SSDI) is expected shortly. While SSDI beneficiaries can look forward to receiving their payments on March 26, those eligible for VA benefits will need to wait until April 1. In addition, a new policy requiring in-person identity verification … Read more
Great news for taxpayers this season—the IRS has confirmed that an average direct deposit refund of $3,330 is being sent out between March 24 and March 30, 2025. If you’ve already filed your 2024 tax return and chose direct deposit, you may be among the millions receiving this financial boost soon. This guide breaks down who qualifies, … Read more
Good news for Social Security beneficiaries as the Social Security Administration (SSA) has announced updated RSDI payment amounts for April 2025. These updates come with slight increases in payments for retirees, survivors, and individuals on Social Security Disability Insurance (SSDI). This article will provide the details of the updated payment amounts, the disbursement schedule for … Read more
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
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
