The Social Security Administration (SSA) has unveiled two significant surprises that will affect American retirees starting January 1, 2025. As the new year approaches, Social Security will undergo important adjustments that will impact retirees and beneficiaries across the country. While some changes apply only to specific groups, these two changes will affect a broader range
In 2025, the Supplemental Security Income (SSI) program will see adjustments in payment amounts for eligible beneficiaries. The monthly benefits vary based on income, resources, and other factors, with specific amounts for individuals, couples, and “essential persons.” What Factors Determine SSI Payments in 2025? The Social Security Administration (SSA) adjusts payments based on an individual’s
Ibiden, a key supplier of chip package substrates for Nvidia’s advanced semiconductors, may need to ramp up its production capacity more quickly to meet surging demand, according to CEO Koji Kawashima. The 112-year-old company is seeing robust sales of its AI-focused substrates, with customers purchasing all that Ibiden can produce. Kawashima indicated that this demand
With the start of 2025, Quebec residents can expect various government payments and credits aimed at providing financial relief. From provincial programs like the Family Allowance to federal benefits such as the Canada Child Benefit (CCB) and Old Age Security (OAS), these payments help individuals and families manage living costs. Below is a comprehensive guide
Sacramento, California, is offering some bad news to millions of families who might lose their $725 stimulus check from the Sacramento Family First program (FFWSP). Since December, the FFWSP has been sending stimulus check payments to eligible residents to help them cope with inflation and rising costs of living. However, recent guidelines may put these
Costco is strongly defending its diversity, equity, and inclusion (DEI) initiatives, resisting a growing wave of opposition led by activist shareholders and conservative groups. The retailer is facing a challenge from the National Center for Public Policy Research (NCPPR), a conservative think tank, which has introduced a shareholder proposal urging the company to assess and
Supplemental Security Income (SSI) recipients are about to experience a financial boost in 2024 thanks to the 3.6% Cost-of-Living Adjustment (COLA). This increase will help beneficiaries keep up with inflation and rising costs. However, there’s an important change in the payment schedule for January 2025 that could cause some confusion. In this article, we’ll break
In 2025, Canadian senior citizens will benefit from monthly financial assistance programs aimed at improving their financial stability during retirement. These payments, which could total up to $4870 annually, come from the Canada Revenue Agency (CRA) through a combination of the OAS, CPP, and GIS programs. These programs are designed to provide financial aid to
The IRS has unveiled a new tax-reporting requirement for Americans who earn money through platforms like Cash App, PayPal, and Venmo. If you’ve received over $5,000 through any of these third-party apps, you’ll need to file your tax return using a new form. This change is part of a tax-reporting shift aimed at independent contractors
The Canadian federal government has made a significant announcement, revealing a notable increase in financial support for provinces and territories. Major transfers are expected to rise by 4.4% to $103.8 billion in the 2025-26 fiscal year, a move aimed at strengthening public services across the country. This funding increase demonstrates the government’s ongoing commitment to