Smith Bair

Recent changes to the Supplemental Security Income (SSI) program have reopened the door of hope for many vulnerable Americans. The Social Security Administration (SSA) has announced new monthly payments of up to $1300 for select eligible participants. This specific enhancement is not automatic or uniform. Rather, it is intended to address the greater concern of … Read more

To assist families struggling due to inflation and economic turmoil, the government has rolled out the $2000 Child Tax Credit (CTC) for 2025. This measure is planned to be disbursed as a tax credit with the IRS. The Child Tax Credit is meant to assist families financially with the upbringing of children under the age … Read more

While raising children in America comes with an increasing financial burden, recently announced changes to the Child Tax Credit (CTC) for 2025 offers some fortifying financial support to families all over the country. Under the revised Child Tax Credit parents and guardians of children under 17 are eligible to save up to $8,400 a year, … Read more

In 2025, the Australian government will issue a one-off Centrelink payment, designed to enhance the efficiency of Centrelink payments the government provides. Regular payments like the Pension, JobSeeker, Disability, and Carer payments will still continue. These payments will also automatically adjust and increase based on a set formula, meaning recipients don’t have to apply to … Read more

This August, the IRS will automatically issue stimulus checks up to $1,390 to eligible Americans. While there have been rumors of a supplemental $2,000 stimulus check, officials have made it clear there are no plans for additional payments other than the current dispensation. Recipients are eligible as long as they have filed their most recent … Read more

The Government Service Insurance System (GSIS) of the Philippines is instrumental in the provision of social security benefits, particularly life insurance, for government workers. As a government-owned corporation, GSIS seeks to offer a comprehensive suite of benefits that protects the financial interests of the public servants and their families. In terms of member life insurance, … Read more

Canadians stricken by the economic squeeze will receive a one-time tax-free payment of $230 from Canada Revenue Agency (CRA) in September of 2025. This payment is designed to assist those earning less than $150,000, because of the additional grocery, utility, and aid inflation costs Canadians are enduring. Approximately 18 million households are slated to receive … Read more

The government of Canada is providing further assistance to families and individuals struggling with the increased costs of living with the one-time $250 GST Relief Payment scheduled for September 2025. This special supplement is intended to assist additional lower and middle income households on top of the normal GST/HST credit. It is intended to be … Read more

Canadians can now celebrate as the Canada Pension Plan (CPP) is offering good news as the monthly benefits will now be between $816.52 and $1,364.60 depending on the contribution history and the age of commencement. These adjustments will be made effective from the year 2025. The objective is to assist the seniors in managing the … Read more

The government’s cash boost is estimated to aid over 6 million Centrelink users. Australia’s federal government is putting over Centreline boost spending alongside utilities and inflation. The extra cash allocation aside from spending will greatly help ease inflation for Australia. According to the 2025 federal mini budget, the boost will be released via Centreline on … Read more