New Social Security Payment Starting in January 2025, Social Security recipients may receive up to $5180 per month due to a 25% Cost-of-Living Adjustment (COLA). This increase is aimed at helping retirees cope with inflation This article will explain how the increase affects you, who qualifies, and the payment schedule. Maximum Payment Details Understanding the … Read more
Centrelink $1100 Cost of Living Payment South Australian households experiencing financial pressures are encouraged to apply for a range of cost-of-living concessions before the application window closes on. December 31, 2024. Eligible households could receive up to $1,100 in financial assistance designed to alleviate the burden of rising expenses. As per Yahoo Finance these concessions … Read more
Canadians to Benefit from New GST/HST Reduction To help ease the rising cost of living, Prime Minister Justin Trudeau has announced a temporary GST reduction on essential items. From December 14, 2024, to February 15, 2025, a wide array of holiday essentials, including groceries, restaurant meals, and children’s clothing, will be GST-free. The government estimates … Read more
Hello everyone, we want to clarify that SASSA has not announced any new R700 grant. Recently, there have been rumors circulating on social media and through messages claiming the existence of this grant, but these are false. These misleading messages are part of a scam, with the intent to deceive people and steal their personal … Read more
The Old Age Security (OAS) Benefit is a crucial financial program for Canadian seniors aged 65 and older. Funded by general tax revenues, OAS payments provide essential support to retirees, particularly in times of inflation. In 2024, there have been rumors that the monthly OAS benefit will increase to $770, sparking interest among beneficiaries. However, … Read more
Veterans’ benefits are undergoing notable changes in 2024, with enhanced eligibility for disability compensation, cost-of-living increases, and improved claims processing. These updates, driven by the PACT Act, have particular significance for veterans exposed to toxic substances during service. One key aspect to note is that veterans must submit claims for retroactive benefits by December 31, … Read more
The United States Mint introduced its 230th Anniversary Flowing Hair High Relief Gold Coin on November 14, 2024, priced at $3,640. This 1-ounce .9999 fine gold coin sold out in less than five minutes, with its product page now marked as “currently unavailable.” As of November 17, individual sales had reached 7,625 units (product code … Read more
Every year, thousands of retirees depend on Social Security benefits to meet their basic needs. However, to ensure these payments continue without interruption, beneficiaries must follow specific procedures. Any mistakes or lack of communication with the Social Security Administration (SSA) could lead to a suspension of benefits. The SSA stresses the importance of keeping personal … Read more
Modern coin mintage figures are typically sourced from the United States Mint’s press releases and annual reports. The Mint’s Director’s Reports, beginning around 1873 after a reorganization of its operations, serve as the basis for circulation coin data through the 1960s. For example, the “Proof Coin” mintages, which often range from a few dozen to … Read more
In 2025, Social Security beneficiaries in the United States will experience a significant boost in their monthly payments, driven by a 2.5% Cost-of-Living Adjustment (COLA). While this percentage increase is modest compared to recent years, it will still result in a substantial financial benefit, particularly for those receiving the maximum Social Security payments. For individuals … Read more