Ritu Sharma 
Effective January 1, 2025, New York State has implemented an increase in the minimum wage, benefiting workers across multiple regions. This wage adjustment is part of the state’s ongoing effort to improve workers’ earnings and keep up with inflation. Here’s what you need to know about the changes, and what to expect going forward. 2025 … Read more
The Social Security Administration (SSA) does not issue bonuses or extra payments, meaning Supplemental Security Income (SSI) recipients typically receive 12 payments annually. However, the exact payday may shift depending on the calendar. While most payments are scheduled for the first day of the month, exceptions can occur when that date falls on a weekend … Read more
If you meet the requirements for the Recovery Rebate Credit but didn’t claim it on your 2021 tax return, good news: the IRS is sending out automatic payments to eligible individuals. If you’ve already received a partial payment, they’ll send you the remaining amount, so don’t worry if it’s not all there just yet. The … Read more
In January 2025, the U.S. Social Security Administration (SSA) is expected to introduce a Direct Deposit program offering $697 monthly payments. This initiative is designed to support low-income families, seniors, and individuals with disabilities by providing financial relief. Managed by the SSA, programs like Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) are … Read more
A new petition advocating for a significant rise in the UK State Pension has gained widespread attention, with over 14,900 signatures so far. Spearheaded by Denver Johnson, the campaign calls for the State Pension to be increased to £549 per week for everyone aged 60 and over, including British expats. The petition has crossed the … Read more
The Supplemental Nutrition Assistance Program (SNAP) plays a vital role in helping millions of Americans access nutritious food, especially those struggling to meet their basic needs. Administered by the U.S. Department of Agriculture (USDA), SNAP benefits are adjusted annually through the Cost-of-Living Adjustment (COLA), which accounts for rising prices of goods and services. Here’s a … Read more
Wells Fargo, one of the largest banks in the United States, has faced repeated allegations of misconduct, leading to major legal repercussions. The bank’s controversial practices have affected millions of customers, including auto loan borrowers, mortgage holders, and deposit account users, with compensation varying depending on the type and extent of harm experienced. Background: Wells … Read more
Good news for families across the UK: Child Benefit payments are set to increase in April 2025. HM Revenue and Customs (HMRC) has confirmed that parents and guardians will see a slight boost in their payments, offering additional financial support during challenging times. If you’re currently receiving Child Benefit, here’s what you need to know … Read more
As we move into 2025, many pensioners receiving the SASSA Old Age Pension Grant wonder if they need to reapply to continue receiving their payments. The good news is that for most beneficiaries, there is no need to reapply, as SASSA renews the grants automatically every month, provided the beneficiary remains eligible. However, certain circumstances … Read more
The Guaranteed Income Supplement (GIS) is a key financial program designed to support low-income seniors who are also receiving the Old Age Security (OAS) pension. In February 2025, the GIS payments will see an increase, benefiting seniors across Canada. The total amount, when combined with OAS, could reach approximately $2,577 per month, depending on factors … Read more