Farewell to COLA – Social Security Introduces Another Significant Update

Farewell to COLA – Social Security Introduces Another Significant Update

The Social Security Administration (SSA) has announced a 2.5% increase for the Cost-of-Living Adjustment (COLA) set to take effect in January 2025. This annual adjustment is vital for millions of Americans retirees, those with disabilities, and families receiving survivor benefits as it helps ensure Social Security payments keep pace with rising costs and maintain their … Read more

Canada Child Benefit Payment Increase for Children Aged 6-17 in November 2024: Eligibility and Amount Details

Canada Child Benefit Payment Increase for Children Aged 6-17 in November 2024

Benefit (CCB) payments for children aged 6 to 17. This payment boost is part of the Canadian government’s ongoing efforts to provide additional financial support to families with children. Eligibility for the CCB Increase To qualify for the Canada Child Benefit increase, families must meet the following criteria. How Much is the Increase? The Canada … Read more

Australian $500 Cost of Living Payment for FTB Recipients: Eligibility & How to Apply

Australian $500 Cost of Living Payment for FTB Recipients

The Australian government is introducing a one-time $500 cost of living payment for recipients of Family Tax Benefit (FTB). This financial aid is aimed at helping families cope with the increasing cost of living, providing much-needed relief. Who is Eligible for the $500 Payment? The $500 payment is available to families who are receiving Family … Read more

Wells Fargo Bank Settlement – Payment Amount, Eligibility, and Dates

Wells Fargo Bank Settlement

Wells Fargo has reached a settlement agreement in response to various lawsuits and claims against the bank. If you’re eligible, you may receive compensation as part of the settlement. Here’s everything you need to know about the settlement payment, who qualifies for it, and the important dates to keep in mind. Wells Fargo Settlement Overview … Read more

3 Remaining Payments Up to $900 Before 2025 COLA: Payment Schedule Details

3 Remaining Payments Up to $900 Before 2025 COLA

As we near the close of 2024, Social Security recipients are set to receive three more payments of up to $900 before the new Cost-of-Living Adjustment (COLA) increase takes effect in January 2025. With inflation putting pressure on household budgets, this COLA adjustment is expected to provide a 2.5% increase, offering added financial relief for … Read more