Finance

One of the components of the American Rescue Plan Act that has received concrete evidence in leading to a reduction in child poverty levels is a $600 child tax credit, which was initially introduced in 2021. The ATC also provided this as a growing boost to the existing child tax credit by increasing it from […]

A concerning report has been released, stating that Medicare Advantage plans obtained $4.2 billion in extra payments in 2024 by making home visits to elderly beneficiaries who may not have needed them for serious illnesses. Issued by the Office of Inspector General for the Department of Health and Human Services, the report zeroed in on

According to recent news from the Social Security Administration, beneficiaries from the Supplemental Security Income (SSI) program will be eligible to receive two SSI checks in November. Depending on when a month begins, the payment plan may vary from month to month. To help you anticipate when your checks will arrive, the payment plan for

Founded in 1852, Wells Fargo is a major U.S. bank with a wide-reaching impact, but recent legal and regulatory challenges have led to class action lawsuits that have harmed its reputation, customer trust, and financial stability. Wells Fargo has faced various class action lawsuits, with some of the most notable relating to fraudulent account practices,

Wells Fargo, a major US bank, has faced significant legal issues in recent years. The Class Action Lawsuit centres around allegations that the bank registered unauthorized bank accounts for their customers. The fake accounts include saving accounts and credit lines, which customers did not request. The $1 billion settlement will be distributed among the eligible

The new COLA increase and its impact on Social Security benefits. The Social Security Administration’s (SSA) annual COLA announcement is the most anticipated news for beneficiaries, as these poll results show. After many months of waiting, the final percentage was announced on October 10, but because the 2.5% COLA increase is significantly lower than last

The government of Malaysia has announced the continuation of the MySalam scheme in the 2024 budget. The scheme will remain working for another two years.  MySalam is a free health protection initiative by the government of Malaysia that provides protection to individuals who are eligible to receive the benefits of this community protection scheme through

Previously, the UK Government did not change the state pension age without adequately notifying women. The abrupt pension age transition disrupted the retirement plans of various women who were born in 1950. This resulted in significant emotional and financial distress among women. The compensation for these women was advocated by the WASPI campaign. The WASPI