One-cent coins, commonly known as pennies, will stop being produced in the United States next year, marking a historic shift in American coinage. According to the Treasury Department, the decision aims to curb production costs and simplify transactions for businesses and consumers alike. The penny, one of the first coins minted by the US Mint … Read more
Wells Fargo has announced a new 16-month deadline for customers to keep their bank accounts active. This update is designed to address increasing concerns about inactivity and to ensure that all users understand the steps needed to maintain full access to their funds. In its official statement, Wells Fargo explained that if an account remains … Read more
More than 71 million Americans rely on Social Security to keep up with living expenses. Now, newly announced modifications for 2025 could reshape your monthly checks, potential earnings, and overall retirement outlook. All the major changes revolve around a 3.2% Cost-of-Living Adjustment (COLA), new earnings thresholds for workers, and shifting retirement guidelines. Whether you already … Read more
A welcome relief arrives for seniors as two different payments align Retirees in the United States who are 62 or older may receive an important Social Security payment this week, specifically on May 28, 2025. This payout could reach an average of $1,999, offering extra financial support to many seniors. It also coincides with a … Read more
Millions of Americans are set to receive new Social Security checks, with some beneficiaries getting as much as $5,108. This development could be especially significant for those relying on monthly benefits to cover essential expenses. Recipients who receive retirement, spousal, or survivor benefits and were born between the 21st and 31st of any month will … Read more
A remarkable first for retirees is about to happen in June, and it could bring significant changes to Social Security beneficiaries nationwide. With the program nearing a historic milestone, many older adults are anxiously waiting to see how this shift might impact their monthly checks and overall financial security. In 1935, Social Security was established … Read more
Major changes are on the horizon for Social Security recipients across the United States, especially those struggling with student loan debt. This shift is tied to newly reinstated cost-saving measures that aim to reduce federal spending but could leave many beneficiaries worried about their monthly checks. Over the past few months, the Social Security Administration … Read more
Major changes are coming for drivers over a certain age in California. The Department of Motor Vehicles (DMV) has unveiled new requirements that could lead some seniors to lose their licenses if they don’t meet the updated standards. This shift aims to reduce road incidents and enhance public safety. According to California’s Integrated Traffic Records … Read more
Discover why updating your address is vital to keep your monthly retirement payments coming without disruptions. Whether you’re planning a major cross-country relocation or a short trip across the border of a neighboring state, staying connected with the Social Security Administration (SSA) can prevent lost checks and missed opportunities. Retirement benefits are federal, so moving … Read more
The Social Security Administration (SSA) periodically reviews certain disability cases to ensure recipients still qualify for payments. These evaluations, known as Continuing Disability Reviews (CDRs), aim to confirm that a person’s medical condition and work status remain aligned with SSDI requirements. The main goal of a CDR is to verify ongoing eligibility for SSDI. If … Read more
If you collect Social Security, a fresh announcement might affect your monthly checks more than you think. Overpayments are at the center of this change, prompting the Social Security Administration (SSA) to take faster and more aggressive measures. Millions of Social Security recipients—particularly those who received incorrect benefit amounts—could find themselves repaying money faster than … Read more
Millions of older Americans will soon see changes in their Social Security retirement options, thanks to the updated Full Retirement Age chart for 2025. This new chart could influence when you choose to start claiming benefits, so it’s crucial to understand its potential impact. If you’re approaching your 60s, you might be wondering when you … Read more
Families across the United States will soon have a chance to receive a special summer boost known as SUN Bucks and similar to SNAP. This initiative promises a one-time $120 grocery benefit per child, with the goal of helping school-aged kids stay well-fed during summer months when school cafeterias are closed. In total, the U.S. … Read more
A controversial anti-fraud policy that imposed a three-day waiting period on phone-based retirement claims has been scrapped, potentially speeding up benefits for hundreds of thousands of retirees. The Social Security Administration (SSA) announced the change this week, citing concerns from advocacy groups and internal data showing minimal success in detecting fraud. In its initial rollout, … Read more
A controversial anti-fraud policy that imposed a three-day waiting period on phone-based retirement claims has been scrapped, potentially speeding up benefits for hundreds of thousands of retirees. The Social Security Administration (SSA) announced the change this week, citing concerns from advocacy groups and internal data showing minimal success in detecting fraud. In its initial rollout, … Read more
Contact from the Internal Revenue Service (IRS) about unpaid taxes should never be taken lightly. Every year, the agency investigates individuals who fail to settle outstanding balances, sending repeated notices in the process. The final step could be the cancellation—or more accurately, seizure—of bank accounts if there is no response or effort to negotiate. The … Read more
Nebraska becomes the first state to ban soda purchases with SNAP benefitsHistoric ruling aims to reshape how low-income families make nutritional choices. Nebraska has officially become the first state in the country to receive federal approval to prohibit the purchase of sodas and energy drinks with Supplemental Nutrition Assistance Program (SNAP) benefits. Set to take … Read more
An updated guide for veterans who want to ensure their monthly compensation reflects their current family situation. If you receive VA disability compensation, changes in your household—such as marriage, divorce, or a child turning 18—can directly affect how much you receive every month. Knowing how to properly add or remove a dependent is crucial, especially … Read more
The National Highway Traffic Safety Administration (NHTSA) has launched an engineering analysis into 2.2 million Honda cars, focusing on potential problems with the Auto Idle Stop (AIS) function. Officials say the probe seeks to clarify whether certain models pose a safety risk due to engines failing to restart after a complete stop. Drivers across the … Read more
Trump campaigned on a promise to reduce Social Security taxes, but the latest Republican-backed tax bill moving through the House seems to have left that pledge on the sidelines. Instead, lawmakers have introduced another form of tax relief that could benefit millions of seniors. In this article, we explore what happened to the proposed cuts … Read more