In 2025, the SSA will raise Social Security benefits and Supplemental Security Income payments for over 72.5 million individuals by 2.5%. Starting in Jan, Social Security retirement benefits will increase by an average of $50 every month. The average COLA gain over the past 10 years has been 2.6%. There will be a 2.5% COLA … Read more
The UK Government is going to provide WASPI Checks as the financial aid to eligible females. Many people contributed to the WASPI campaign which includes powerful advocacy for the women who were born in the 1950s and faced uncommunicated sudden changes in their state pension age. Therefore, women were not able to make sufficient changes … Read more
From October 2024, employees in Ontario will get a much needed increase in their wages. To assist its citizens in adjusting to the growing expense of living, the Ontario government has announced Ontario Minimum Wage Increase 2024. It is anticipated that this action would offer much-needed financial assistance to employees in the province’s many industries. … Read more
In order to maintain and grow the Energy Bill Relief Fund and give qualifying households and small businesses relief through electricity bill rebates in the 2024–2025 fiscal year, the Australian government is contributing $3.5 billion. The Australian government has committed $3.5 billion towards the development and expansion of the Energy Bill Relief Fund, which will … Read more
Inflation has a high impact on purchasing power. Therefore, the Australian government has introduced a cost of living payment to eligible citizens of Australia. The Australian government has announced to provide one-time payments to low-income citizens to manage their daily life expenses. This Centrelink One Off Payment 2024 is provided to reduce the financial burden. So, … Read more
The Canadian government is planning to provide financial support to low-income people. A $4800 CRA Payment in September 2024 can allow Canadian citizen to manage their expenses. CRA has not confirmed this payment yet but from different resources, people can receive this payment through different benefit programs. The government of Canada will provide a sum … Read more
People of America will get some financial assistance for their housing. The US government provides support to people in Housing. The USA HUD Program can allow people to get support in housing. It helps to provide equal and fair housing opportunities for everyone. Therefore, people must check the eligibility criteria and get this benefit to … Read more
Childcare is not an easy task and requires high finance to provide proper care for their growth and development. It restrict for low-income people to provide sufficient care of their child. Therefore, the federal government has decided to provide a $330 Child Tax Credit Direct Payment to such families to enhance their financial stability in … Read more
The government of Canada allow senior citizens to get some financial support. It is a monthly aid provided to seniors after a certain age. Canadian Seniors Eligible for GIS Allowance can improve their overall financial condition. This financial support can help low-income seniors to manage their financial expenses properly. Canada GIS Allowance is a monthly … Read more
Federal employees who meet the Federal Retiree Benefits 2024 Eligibility Requirements can retire with a guaranteed lifetime income stream through the Federal Employee Retirement System (FERS), a defined benefit plan. Under FERS, every federal employee recruited after January 1, 1984, is protected. Employees are encouraged to stay on the job until they are eligible for … Read more