While most $20 bills serve their purpose in everyday transactions, certain rare specimens have become highly sought after by collectors, fetching prices exponentially higher than their face value. One such example is a misprinted $20 bill that sold for nearly $400,000, making it worth more than 20,000 times its original value. This article delves into … Read more
In February 2025, discussions have emerged regarding a potential $1,500 child stimulus direct deposit aimed at providing financial relief to families with dependent children. However, as of now, there is no official confirmation from the Internal Revenue Service (IRS) or the federal government about such a payment. Instead, families are encouraged to focus on the … Read more
On Wednesday, February 26, 2025, the Social Security Administration (SSA) will distribute payments to beneficiaries whose birthdays fall between the 21st and 31st of any month. This payment is part of the SSA’s staggered schedule to efficiently manage the distribution of benefits to over 75 million recipients across the United States. Understanding the Social Security … Read more
In response to rising living costs, the Canadian government has announced a 2.7% increase in the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit, effective July 2025. This adjustment aims to provide financial relief to low- and modest-income individuals and families by offsetting the sales taxes they incur on essential purchases. Understanding the GST/HST Credit … Read more
In response to the rising cost of living, Centrelink has announced an increase in JobSeeker payments, effective from March 20, 2025. This adjustment aims to provide enhanced financial support to Australians actively seeking employment. New JobSeeker Payment Rates The updated JobSeeker payment rates are as follows: Recipient Category Previous Rate (per fortnight) Increase Amount New … Read more
Starting in January 2025, South Australia will roll out a $255 cost-of-living relief initiative to support low-income households struggling with rising expenses. This relief program includes financial aid and utility concessions for pensioners, Centrelink recipients, and eligible renters. This guide explores the details of the $255 cost-of-living relief, including eligibility criteria, the application process, and … Read more
In a significant development, Acting Commissioner Michelle King of the Social Security Administration (SSA) has resigned following disputes over data access requests from the Department of Government Efficiency (DOGE). King, a dedicated public servant with over three decades at the SSA, stepped down after refusing to grant DOGE personnel access to sensitive recipient information. Background … Read more
In March 2025, approximately five million Australians will see a boost in their income support payments, including the Age Pension, Carer Payments, Federal Rent Assistance, Youth Allowance, JobSeeker, and Disability Support Pension. This adjustment is part of the government’s biannual indexation process designed to align social security payments with inflation, ensuring recipients maintain their purchasing … Read more
As tax season progresses, many taxpayers eagerly await their refunds. Understanding how to track your IRS tax return status and knowing the expected wait times for direct deposit can alleviate concerns and help in financial planning. How to Check Your IRS Tax Return Status The Internal Revenue Service (IRS) offers a convenient tool called “Where’s … Read more
As we enter 2025, several significant changes to Social Security Administration (SSA) programs—including Social Security Income (SSI) and Social Security Disability Insurance (SSDI)—are set to take effect. These updates aim to address inflation, adjust benefit calculations, and modify tax implications, directly impacting beneficiaries nationwide. 1. Cost-of-Living Adjustment (COLA) Increase To help benefits keep pace with … Read more