Maggie
There are a lot of questions about the $3,600 child tax credit in 2025. In 2021, the US government temporarily increased it to $3,600 per child, but from 2022 it was returned to $2,000 per child. In 2025, the credit will still be $2,000 per child, with up to $1,700 refundable (via the Additional Child … Read more
Here is a complete information about the changes in Social Security Disability (SSDI) in 2025. The most important change for SSDI beneficiaries this year will be the Cost-of-Living Adjustment (COLA), which is done every year in view of inflation. In 2025, this increase will be 2.5%, which will provide relief to millions of people in … Read more
The information regarding the $2,000 stimulus payment becomes available during February 2025. The US government together with the IRS remains silent regarding any official approval of another $2,000 stimulus payment in February 2025. Social media users spread numerous rumors regarding this stimulus payment but there remains no official confirmation about new economic aid for February … Read more
$15,060 Social Security payment in February 2025: Are you eligible? Know all the details!Madison Combs Social Security supports the monthly benefits of a massive American retiree population. The upcoming February 2025 may deliver a $15,060 Social Security payment while the public wonders about their eligibility along with how the payment system functions. This article offers … Read more
New $4,873 Social Security Payment in March 2025 In March 2025, some Social Security beneficiaries may receive a maximum payment of $4,873 per month. This is not a one-time stimulus payment, but a maximum monthly benefit for retirees who meet special eligibility conditions. Let’s understand who gets this amount and how. Topic Details Maximum Payment … Read more
It is also important to clarify that COLA (Cost of Living Adjustment) is not decided by any presidential administration, but it is determined on the basis of inflation. It is decided according to the Consumer Price Index (CPI-W), which is measured by the Bureau of Labor Statistics (BLS). Key Information Details COLA Increase 2025 Percentage … Read more
Social Security SSI Payment Coming on January 31 – Are You Eligible? Know All the Details!During January 2025 Supplemental Security Income (SSI) beneficiaries will receive maximum payments of $967 because of the 2.5% Cost of Living Adjustment (COLA). The federal government raised these payments to aid Americans as inflation pressures their financial stability. People receiving … Read more
Pursuant to IRS requirements you need to take care about Minimum Required Withdrawals from retirement accounts if you reach age 73 in 2024. Follow these rules exactly to avoid paying heavy penalties for withdrawing funds. RMD Deadline All Required Minimum Distributions must be taken out by December 31 of every year. People who reach age … Read more
SNAP (Supplemental Nutrition Assistance Program) formerly known as food stamps, provides financial assistance to more than 42 million Americans every year. Due to rising inflation, many low-income families rely on this plan to buy essential food items. SNAP Eligibility Each year, SNAP benefits are adjusted according to the cost of living (COLA), which takes into … Read more
Tax season: Beware of scammers!Tax filing season serves as the main catalyst for fraudulent scam activity which targets uninformed people. Scammers started a dangerous scam effort in 2025 that attempted to steal personal data while using fake promises about stimulus check payments. How does this scam work? Scammers send fake text messages that say: “You … Read more
