Direct payment of Huge checks starting next week – Social Security will pay $4,000 to retirees born on this date

Direct payment of Huge checks starting next week

Next month, Social Security Income (SSI) beneficiaries should note that they won’t receive a payment in September, as the Social Security Administration (SSA) has rescheduled the benefit for August 30th. This change occurs because September 1st falls on a Sunday, and payments are typically not made on weekends or federal holidays. While this adjustment means … Read more

Goodbye to SSI payments Next Month – Social Security has announced it

Goodbye to SSI payments Next Month

Next month, Social Security Income (SSI) beneficiaries should note that they won’t receive a payment in September, as the Social Security Administration (SSA) has rescheduled the benefit for August 30th. This change occurs because September 1st falls on a Sunday, and payments are typically not made on weekends or federal holidays. While this adjustment means … Read more

Social Security Announces New Changes to Benefits – Retirees Will See It in Their Paychecks

Social Security Announces New Changes to Benefits

A recent Colorado Court of Appeals ruling has the potential to reshape how Social Security benefits are treated in alimony calculations. This decision could have a significant impact on retirees and those receiving Social Security benefits, particularly when it comes to determining spousal support obligations. The ruling clarifies that Social Security benefits can be considered … Read more

Rare second Social Security check for some retirees in August

Rare second Social Security

Some Americans will receive two Social Security check payments this month due to a scheduling anomaly. Typically, the Social Security Administration (SSA) issues only one Supplemental Security Income (SSI) payment monthly, sent on the first of the month unless it falls on a weekend or holiday. This year, because September 1st is a Saturday, SSI … Read more

Canada Average Income 2024: What is the Monthly and Annual Average Income in Canada?

Canada Average Income

The average income in Canada plays a crucial role in understanding the economic well-being of its citizens. It is a key factor in determining the standard of living, including the ability to cover essential expenses and save for the future. This article delves into the monthly and annual average income in Canada, providing insights into … Read more

The Worst COLA in Many Years, A Historic Adjustment for Seniors

Worst COLA Social Security

In 2025, seniors may experience a notable trend in Social Security adjustments that hasn’t occurred in over thirty years. The annual adjustments to Social Security payments, known as the Cost of Living Adjustment (COLA), are designed to help seniors maintain their purchasing power amidst inflation. This adjustment is crucial for covering essential expenses such as … Read more