Jammuna 
The IRS Kid Tax Credit, considerably enlarged by the American Rescue Plan Act of 2021, offered advance monthly payments of up to $300 per kid under six and $250 for each child aged six to seventeen. While the increased benefits were only for 2021, the future of Child TaxCredite is still being debated in Congress. … Read more
Changes in Social Security Taxes – In April 2024, more than 50 million retired people received Social Security benefits, with many dependent on them as their primary source of income. A Gallup poll found that 88% of seniors rely on Social Security, with 60% calling it a “major source” of income. Given the importance of … Read more
The US government approved a $943 SSI Direct Deposit in July 2024 for US individuals who meet the conditions. The United States government established the Social Security Administration (SSI) program to give financial assistance to low-income, disabled, and elderly residents. This scheme may provide financial assistance to children with disabilities. SSI benefits are awarded by … Read more
Check out the most recent update on the Pension Tranche 2024: When are the second and third tranches of SSS Pension Increase 2024? Legislators from the Makabayan bloc in the House of Representatives recently advocated for implementing the Social Security System’s second tranche of pension increases. The new plan seeks to relieve the impact of … Read more
The Singapore government offers welfare assistance in the form of cash or vouchers. A few initiatives will provide free screening, groceries, and so on. Your life will not be as wonderful as someone who earns a lot of money, but it will undoubtedly be better than people who die from starvation or acute malnutrition. Individuals … Read more
Get the latest information and updates on Singapore Retirement Age Changes 2024: New Retirement Age and Conditions Announced. The retirement and reemployment age increase opens up more options for senior citizens to work for extended periods in the labor market. This article will briefly overview the modifications to Singapore’s retirement age. Singapore Retirement Age Changes … Read more
Some worrying rumors are circulating throughout the United States: the Cost of Living Adjustment (COLA) for 2025 may be lower than predicted, posing financial difficulties for retirees. Recent adjustments have reduced the predicted COLA for Social Security benefits, making many seniors apprehensive about their financial future. This decline is exacerbated by persistently high inflation rates, … Read more
Check the specifics of the $2400 stimulus checks sent in 2024. Get the most recent update on the following stimulus dates here. The beneficiaries of the America Rescue Plan are eagerly awaiting the next boost. They must ensure their information and documentation are current to obtain the needed reimbursement. The beneficiaries will receive $2400 stimulus … Read more
In 2023, at least 4.1 million minimum-wage individuals benefited from compensation adjustments in 15 locations. “The RTWPBs (Regional Tripartite Wages and Productivity Boards) issued a total of 15 wage orders for private sector workers, nine of which were initiated motu proprio,” the National Wages and Productivity Commission (NWPC) stated in a social media post on … Read more
The DWP has successfully distributed the two Cost-of-Living payments to qualifying claimants for 2024, delivering much-needed financial respite to those dealing with rising living costs and interest rates. The government has halted the Cost of Living payments and has no intentions to reinstate them. From February 6 to February 22, 2024, millions of low-income households … Read more