Juliana
The Child Tax Credit (CTC) is a vital resource for families in the U.S., designed to alleviate the tax burden on parents with dependents under 17. Beyond just reducing the taxes you owe, it can also result in a cash refund in certain circumstances. Let’s cut into the updated rules for 2025 and how they … Read more
The Social Security Administration (SSA) has just released its 2025 payment calendar, and this year, there is something different: some months will contain double payments for Supplemental Security Income (SSI) recipients. This is not extra money, but rather a consequence of the calendar. Let’s break down why this occurs, the crucial dates, and how to … Read more
It helps to serve as some sort of cushion in retirement. However, it won’t keep your lifestyle rolling in without an average monthly benefit of $1,925 by November 2024. Basic expenses can be covered, but you want to plan for income sources besides Social Security. You may need a little kickstart to retire and save … Read more
It’s in the news lately because it introduces drastic changes that would touch more than 3 million Americans. If this law passes, Social Security will see increased benefits for certain classes as it would abolish outdated provisions. However, this law needs to be approved by the next January when the government changes hands. These provisions have been criticized for unfairly penalizing retirees who worked in public service roles, such as teachers, firefighters, and postal workers. This change in the law will have a significant effect on two critical groups: For example, these include professionals such as: And this is because the eradication of WEP and GPO means they can no longer be subjected to deductions in their Social Security, thereby making it an equitable means of distributing benefits. Financial Implication … Read more
Treasures in the rare coin world include items that surpass their face value. These hidden treasures amongst coins include a Bicentennial quarter with an estimated worth of almost $69 million USD, as well as many other coins assessed to be valued at over $999,999. Their history, rarity, and unique characteristic make them the most fascinating … Read more