Changes coming in 2025 will impact how millions of Americans planning for retirement will begin to manage their retirement strategies, as adjustments will be made to the full retirement age (FRA) by the Social Security Administration. The change attempts to balance fiscal pressures on the Social Security Trust Fund and responds to the increasing life … Read more
The state of New York is particularly noteworthy this August for offering significant relief policies. The state is set to issue roughly $2.2 billion dollars for property tax relief through the state’s School Tax Relief (STAR) Program to around three million homeowners. This comes amid a challenging economic climate. The rebated funds from the STAR … Read more
Serving in the military can lead to challenging injuries or illnesses, and when that happens, veterans have the right to the help they need. For veterans with a 30% disability rating from the VA, the Department of Veterans Affairs provides a small monthly payment, meant to ease everyday costs and honor the sacrifices made. Let’s … Read more
As 2025 unfolds, Social Security beneficiaries got a 2.5% cost-of-living adjustment (COLA) in January. This change adds about. Couples will see a larger bump, with an increase of roughly 75 monthly, lifting the combined check from 75 monthly, lifting the combined check from 3,014 to $3,089. This adjustment is tied to the Consumer Price Index for Urban … Read more
The Social Security Fairness Act, signed on January 5, 2025, is a turning point for 2.1 million county and state workers. President Biden added his signature after nearly unanimous support: the Senate passed the bill 76-20 and the House 327-75, turning House Bill 82 into law. How the Law Changes Things Before this new law, … Read more
Social Security is running toward a financial cliff much faster than most people realize. In fact, the Old-Age and Survivors Insurance (OASI) trust fund is on track to run out of money by 2033—only eight years away. The Stark Reality of Potential Benefit Cuts If lawmakers don’t step in, the payouts to current and future … Read more
The Social Security Administration (SSA) is planning big changes to how it checks your identity when you apply for benefits. That news is worrying a lot of families across the country. Under the new rules, which are supposed to start in April 2025, the way you prove who you are and how you access your … Read more
As millions of older Americans count on Social Security benefits, the 2026 Cost-of-Living Adjustment (COLA) offers both small relief and real worry. While the expected bump in monthly checks is welcome, it probably isn’t big enough to ease all the pressure seniors face. The COLA Calculation: What to Expect in 2026 Every year, the Social … Read more
Social Security has kept millions of Americans steady since it first began helping people on August 14, 1935. Now, as the program readies to celebrate its 90th birthday in 2025, it finds itself at a turning point. The next few years could decide what retirement looks like for folks of every age who are dreaming … Read more
In a bold step that could touch nearly every American household living on a tight budget, eight states are about to roll out big changes to the Supplemental Nutrition Assistance Program, or SNAP. New rules on what groceries families can buy with their benefits are about to tighten up, and the daily lunch packing for … Read more