Finance

In October, more than 68 million people collected an average Social Security check of $1,787.08. While this is a relatively modest monthly payout, it’s nevertheless vital to the financial well-being of many of these recipients — especially retired workers. Additionally, 23 years of annual surveys by national pollster Gallup found that between 80% and 90% […]

USA Minimum Wage Increase In 2025. In a time when inflation is fast dropping after hitting a 40-year high in 2022, many low-income workers are still finding it difficult to keep up with rising expenditures. In this case, the USA Minimum Wage Increase In 2025 might be beneficial. Despite a slowdown in price rises, the

The opposite change for Social Security beneficiaries is the annual cost-of-living adjustment, which is aimed at helping meet the prices brought about by inflation. Still, COLAs are not designed to raise them considerably—maintaining their levels in relation to costs is the only goal of COLAs. This reality is one of the many reasons why financial

When the Social Security Administration (SSA) declared the 2025 cost-of-living adjustment (COLA) on October 10 at 2.5%, many beneficiaries became worried. Even though inflation is gradually slowing down, the small rise has left many retirees asking, ‘How far will my check go in 2011?’ So, let’s discuss in detail the implications of the 2025 COLA,

If you are trying to keep your fingers on the pulse of Social Security payment dates for 2025, in this article, you have access to all possible information. Just as the New Year approaches, the Social Security Administration (SSA) will distribute benefits to over 70 million Americans with a spectrum of needs and petitions, including

A majority of Americans expect to rely on Social Security benefits when they retire, but according to a new survey, most are worried they won’t get them. A Bankrate survey found that more than half (53%) of non-retired U.S. adults expect to count on their Social Security checks to cover necessary expenses in retirement. At

President-elect Donald Trump’s newest efficiency advisor, billionaire Elon Musk, wants to take at least $2 trillion off the top of the annual federal budget: This is what a cut of that scale would resemble. Trump brought Musk and fellow tech billionaire Vivek Ramaswamy a step closer to realizing his budget-cutting dreams Tuesday when he named

Fresh off his drumming of a clear victory this week, President-Elect Donald Trump is countering with a Wall Street veteran and key campaign supporter to take a seat in his cabinet as top business advisor. On Tuesday, Trump said he had chosen Howard Lutnick, chief executive of Charity Secretary: Lutnick. If N.Y.-based Lutnick only has

There’s no indication that the government is planning to send stimulus checks to Americans, despite what you may hear on social media. Users on social media platforms TikTok and X are searching for information about stimulus checks of up to $2,000, rumored to be set to come out before the end of the year. It’s

Viral Arrested Claim of Higher Retirement Age in Central Government Employees Debunked by PIB New Delhi: A viral post circulating on social media says that the Government of India has decided to increase the retirement age of central government employees from the current age of 60 to 62 by two years. Many who saw the