Finance

IRS Announces New Incentives: The Internal Revenue Service (IRS) has recently revealed new incentives for eligible Americans, including an automatic distribution of stimulus checks for those who missed out on the Recovery Rebate Credit in 2021. Who Qualifies for the Recovery Rebate Credit? In 2021, some individuals may have missed claiming the Recovery Rebate Credit, … Read more

Justin Trudeau Resigns: In a momentous shift, Justin Trudeau has announced his resignation as Prime Minister and leader of the Liberal Party after nearly a decade in office. His departure has sent ripples through the political landscape, with both his party and opposition parties now preparing for a new chapter. This pivotal moment comes after … Read more

Full Social Security Benefits for Public Workers: Nearly three million current and former public employees in the United States are now able to breathe a sigh of relief after the signing of the Social Security Fairness Act, a groundbreaking piece of legislation that significantly reforms how public service workers access Social Security benefits. For teachers, … Read more

Canada’s 2025 OAS, CPP, and GIS Boost: The Canadian seniors community benefits greatly from various pension programs that provide essential financial support, especially during old age. These benefits not only support retirees but also individuals aged 60 and above. The amounts granted through these programs, such as OAS, CPP, and GIS, are calculated based on … Read more

Why Retirees Are Rethinking Medicare Advantage for 2025: As we approach 2025, many retirees are rethinking their healthcare coverage options, particularly when it comes to Medicare Advantage. The plans, which offer an alternative to Original Medicare, are seeing significant updates, such as the introduction of a $2,000 cap on out-of-pocket prescription drug costs. These changes … Read more

CRA Benefits for January 2025: As January 2025 approaches, many Canadians are eagerly awaiting their CRA (Canada Revenue Agency) benefits. Whether you are expecting payments from the Ontario Trillium Benefit (OTB), Canada Pension Plan (CPP), GST/HST Credit, Old Age Security (OAS), or the Climate Action Incentive Payment (CAIP), it’s important to know when and how … Read more

Public Workers Now Eligible for Full Social Security Benefits: In a monumental shift for nearly three million current and former public employees in the United States, the Social Security Fairness Act has officially been signed into law. This significant reform promises to change the way public service workers access their Social Security benefits, bringing relief … Read more

Albanese Challenges Coalition to Support Four-Year Fixed Terms in Referendum: Prime Minister Anthony Albanese has expressed doubt over the Coalition’s potential support for his proposal to introduce four-year fixed terms for federal elections in Australia. During a recent public address, Albanese emphasized the need for the nation to consider changing its electoral system so that … Read more

2025 PATH Act Refunds: The PATH Act Refund Dates for 2025 are different from regular tax return timelines due to extra reviews designed to combat fraud and identity theft. These refunds typically take longer and are often processed starting in mid-February. To ensure you receive your refund on time, it’s important to file early and … Read more