A recent ruling from the Colorado Court of Appeals could have significant effects on how Social Security benefits are factored into alimony payments for retired individuals. The court determined that Social Security income may be used to calculate spousal support, effectively impacting retirees who depend on these benefits as a primary source of income. This … Read more
Pets have become an integral part of our families, bringing us joy, companionship, and unconditional love. Just like any family member, they deserve to be protected, especially when it comes to health. Veterinary bills can pile up quickly, whether it’s due to illness, accidents, or routine check-ups. This is where pet insurance steps in. Although … Read more
Investing is no longer the complex, intimidating task it used to be. With the rise of mobile technology, investing has become more accessible, especially in India. Today, anyone with a smartphone can start building their wealth, thanks to the variety of investment apps available in the country. In 2024, India continues to see a boom … Read more
As of 2024, the Social Security Administration (SSA) projects that 68 million Americans will receive monthly Social Security benefits. For many retirees, these payments are a crucial source of income. The average monthly payment for retired workers is estimated at $1,907, including the cost-of-living adjustment (COLA) for the year. However, various factors can cause these … Read more
The Social Security Administration (SSA) provides crucial financial support to millions of Americans, particularly those who are elderly, disabled, or otherwise vulnerable. These benefits, collectively referred to as Social Security benefits, are distributed through various programs such as Retirement or Old Age benefits, Supplemental Security Income (SSI), and Social Security Disability Insurance (SSDI). To ensure … Read more
The Social Security Administration (SSA) manages various programs to provide financial support to individuals in different life circumstances. While retirement benefits are among its most well-known offerings, the SSA also administers programs like Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) for individuals with disabilities or limited resources. Overview of Social Security Payments … Read more
The Social Security Administration (SSA) has announced that recipients of Supplemental Security Income (SSI) and retirement, survivor, and disability insurance (RSDI) programs will receive significant payments soon. This upcoming distribution includes payments of $943 for SSI beneficiaries and up to $4,873 for those under RSDI programs. Understanding the payment schedule, eligibility criteria, and potential payment … Read more
Millions of Americans rely on Social Security benefits to cover living expenses and adjust to inflation. According to the Social Security Administration (SSA), over 70 million people receive monthly benefits, with a majority being retired workers. However, Social Security payments extend beyond retirement benefits, as the SSA also provides financial support to survivors and disabled … Read more
As the leaves begin to change color, Social Security beneficiaries eagerly await the announcement of the annual cost-of-living adjustment (COLA). This adjustment, typically revealed in October by the Social Security Administration (SSA), determines the increase in monthly benefits for the coming year, providing crucial financial support for retirees and others who rely on these benefits. … Read more
Bank of America’s decision to close additional branches in 2024 reflects a broader trend in the banking industry. This move is primarily driven by the increasing shift toward online banking and the resulting decline in foot traffic to physical locations. As the bank aims to streamline operations and cut costs, it’s shutting down less profitable … Read more