Finance

The ALASKA PERMANENT FUND ACT was created in 1976 to handle the state’s oil receipts through the Alaska Permanent Fund Corporation and give them to the people. The PFD directs a portion of natural resource revenues intended to guarantee that the benefits derived from the state’s oil and gas income are divided directly among the […]

An estimated 50 million Americans use Social Security benefits per year, with around 40% relying on Social Security to make up 90% of their income after failing to build up sufficient savings. That makes it a vital support system within the United States and a center of domestic policy, but interestingly, the amount claimed depends

The Senior Citizens Society has adjusted its Cost of Living Adjustment forecast to 2.63% for the year 2025. Semimonthly, this estimate is adjusted based on the new values of the Consumer Price Index. The data of CPI-W for July-September is annually used to determine the final COLA Payment Increase In 2025. Compared to the same

It may, therefore, be seen that at least certain $1 coins have become quite rare and valuable owing to history and interesting stories associated with it. For instance, the 1794 Flowing Hair Silver Dollar – the first dollar coin struck by the United States – has been estimated to be worth up to $15 million;

Barely earners or low-income earner families can benefit greatly from the Direct Stimulus Check November 2024 funding of $725 offered by Sacramento County’s Family First Economic Support Pilot program. This program helps families meet their goals by focusing on necessary expenditures and ensuring the family nurtures what it considers important for the future of their

Some have tried to do basic math after the 2.5% cost-of-living adjustment (COLA) increase was announced in October, attempting to determine how much it would help or possibly even hurt their finances, and the findings are grim. The increase was done using CPI-W stands for the Consumer Price Index for Urban Wage Earners and Clerical

Americans struggling with the economic crisis are looking forward to the $1200 Federal Relief checks in 2024 with a glimmer of hope. Although these payments have not been officially announced, there have been discussions that suggest that these payments could be part of a larger federal assistance program assisting Americans to cope with the increased

Social security has played a vital role in the financial security of millions of retired couples in the United States. The Social Security Administration is anticipating that senior Couples, with both individuals collecting benefits, will receive an amount of $ 3,089 in December 2024. The SSA  has not officially confirmed this amount. However, it is

The central government has declared a 3% hike in dearness allowance, increasing it from 42% to 45%, effective July 1, 2024. This is mostly counted as the ongoing efforts of the government to support employees and pensioners in handling inflation. In addition to this, the Chhattisgarh government has announced a 4 % DA increase, advantaging

Bank branch closures remain in the news, and rightly so. The rapidly changing trends in global banking systems mean that clients transact their businesses more conveniently online rather than physically depositing cash in a certain branch of the bank; few, if any, institutions have practiced this than Bank of America, the second largest bank in