Virginia Man Wins Jawdropping $384M Jackpot: Should He Take the Lump Sum or Annual Payout?
A person from Virginia won the $348 million Mega Millions jackpot, but can receive only $155.5 million if he chooses the one-time lump-sum payout option.
US Social Security Retirement Age Raised to 67 Starting 2026—What Does This Mean for You?
Amendments to the Social Security Act decades ago ensured that the retirement age rises by two-month increments annually, and it reached 67 for those turning 65 in 2026 and after.
Social Security Trust Funds to Run Dry 1 Year Earlier Than Projected; Benefits to Drop by 19%
The Social Security Board of Trustees said in an annual report that Social Security Trust Funds, comprising Old-Age and Survivors Insurance and Disability Insurance, will have revenue to pay all scheduled benefits only until 2034, which is one year earlier than previous projections.
Social Security to Stop Issuing Paper Cheques By End Of September, Affecting Half a Million Recipients: Here's What They can do
The Social Security Administration will stop issuing paper cheques starting 30th September to reduce fraud and misplacement while improving cost savings and overall operational efficiency.
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Kevin O'Leary Shares the Most Overlooked Reason Why Americans Can't Ramp Their 401(k) Contributions
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2.5M People Already Received US Social Security Benefit Hikes Under New Law; 200,000 Cases Pending
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Rachel Reeves' Power Play: £50 Billion Pension Surge Aims to Rebuild Britain and Your Savings
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Want $1 Million In Retirement? Here's How Much Americans Need To Save Each Month By State
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Women Face Higher Risks of Missing Retirement Goals Amid Trump's Tariff-induced Market Turmoil
Women earn much less than men and face challenges in saving money adequately while managing caregiving responsibilities. A market crash triggered by Trump's tariff play and federal changes is adding to these existing problems.
US Social Security Website Crashes Four Times In 10 Days, Raising Concerns Over Staffing Cuts
Massive workforce downsizing and new mandates enforced by DOGE are severely impacting access to Social Security services for millions of recipients.
California's $1.2B Lottery Winner Opts for $571M Payout—Here's Why That was a Brilliant Money Move
While a one-time cash payout can significantly reduce the lottery jackpot amount, it gives you more control over how to invest and grow the money.
Social Security Confirms $1,580 Monthly Average SSDI Payments: Here's How To Speed Up the Claims Process
Over 8 million Americans rely on Social Security Disability Insurance to support their households due to their inability to work.
Elon Musk Mulls £3.9K DOGE Dividends for 78M Taxpayers Using Savings From Reduced Federal Spending
Elon Musk will present Azoria CEO's idea to return 20% of savings generated from DOGE's cost-cutting actions on federal agencies to taxpayers via stimulus checks.
Elon Musk's Social Security Warning After US Treasury's Payment System Takeover Alarming for Beneficiaries
Elon Musk said massive fraud in federal entitlements, including Social Security and Medicaid, exceeds the combined sum of every private scam.
US Couple Earns £484k A Year, Give Away £8K Monthly—So Why Are They Living Paycheque To Paycheque?
Bill pays £9,681 on two mortgages and donates between £6,454 and £8,068 to charities every month. He called the Dave Ramsey Show for guidance on how to reduce uncontrollable spending as the US couple battles with lifestyle creep.
37% US Taxpayers Rely on Refunds To Make Ends Meet: When Can You Expect 2025 Tax Refunds
The IRS claims that taxpayers who e-file taxes can expect refunds within 21 days. The timeline could stretch to eight weeks for filers who mail paper returns.
Buddy Carter's Bill to Abolish IRS and Overhaul Tax Code Aims to Cut National Debt
US Rep. Buddy Carter's Fair Tax Act would help Americans save money by putting them in charge of their tax rate, reducing tax loopholes and the national debt, and mandating illegal immigrants to pay their fair share of taxes.
Four Underrated Tax Benefits All US Retirees Over 65 Should Avail Of
US retirees above 65 can take a special standard deduction on top of the regular deduction. They can also get tax credits if they have low incomes.
US Boomers 'Unretiring' Due to Low Social Security Payments Could Face Even More Benefit Cuts
As more US retirees return to the workforce to supplement their monthly income, their Social Security benefits could drop until they reach the full retirement age if job wages exceed the annual threshold of £18,572.
SNAP Benefits January 2025 Schedule and Average Monthly Payouts
SNAP benefit payout dates can depend on several factors, such as the state, case number, Social Security number, the first letter of a beneficiary's last name, or their birthday and month.
Social Security Recipients May Face Delays as GOP Cuts Put 2,000 Jobs at Risk
A continuing September resolution imposed a hiring freeze on the SSA last month, meaning the agency's staffing levels could reach a 50-year low as they offer Social Security services to a record number of recipients.
EV Buyers Could Lose $7.5K In Tax Credits as Trump Pledges to Scrap Biden-Era Mandate in 2025
Trump has vowed to scrap EV tax credits of $7,500 for new cars and $4,500 for used ones. He'd probably do that to fund his tax package, which would trim taxes on Social Security benefits, worker tips, and overtime pay.
Walmart Alerts Shoppers: Expect Price Hikes If Trump's $3 Trillion Tariff Plan Takes Effect
Walmart highlighted during its recent Q3 earnings call that it could raise prices on several of its products if Trump's plan to raise tariffs by 10% on all US imports is implemented during his second term.
More US States Won't Tax Social Security Benefits In 2025: Is Your State One Of Them?
US states are working to eliminate state taxes on Social Security benefits, which could save retirees millions of dollars annually.
US Senate Has 6 Weeks To Pass Social Security Bill That Would Increase Benefits For 3M Americans
The Social Security Fairness Act, designed to eliminate the Windfall Elimination Provision and Government Pension Offset laws, recently passed the House and will likely pass the Senate with 62 cosponsors.
Trump's Plan To Cut Social Security Taxes May Benefit Millions, Especially Top Earners, But Risks Insolvency In Six Years
Trump's plans to eliminate Social Security taxes could affect revenues flowing into OASI and HI trust funds by $1.5 trillion in the next ten years.
Divorced Boomers Struggle with 40% Less in Retirement Savings – Why Women Lose More in Settlements
Divorces are adding to the financial distress of US retirees, especially women who don't have a robust financial infrastructure as men, creating long-term income gaps.
Married Woman Wants To Claim Benefits From Ex-husband's Social Security, But Afraid It'll Blow His 'Short Fuse'
The age of remarriage is among the top factors that determine your eligibility for Social Security disability or survivor benefits on your former spouse's records.
Social Security COLA For 2025 Increases Payments For 72 Million Americans By 2.5%, Lowest In Years
The Social Security Administration's 2.5% COLA hike for 2025 will increase the monthly income of retired workers by an average of $50 and $100 for widowed mothers with two children.
Do You Job Hop for Higher Pay? Vanguard Says It Could Cost You $300K in Retirement Savings
Most job switchers contribute to 401(k)s at the low default rate fixed by the plan provider and often fail to account for the drop in savings rate when they move to a new employer despite a decent pay bump.
American Dream Accounts Act: New Bill Proposes $25K For Every US High School Graduate Via Social Security Investment
The proposed bill is expected to help kids become familiar with financial planning early on and level the playing field for Americans from all walks of life by offering each the chance to achieve financial freedom.
'It's Bad To Make Your Kids Wealthy': Multimillionaire Won't Leave Cash Inheritance To His Kids, Here's What He's Doing Instead
George Appling and his partner Brian will help their kids in their formative years by paying for college, cars, and homes but avoid covering extravagant purchases and make sure teenagers work hard to receive their hard-earned money.
Are You Among The Top 10% Of Wealthy Retirees? Here's How To Find Out And What Steps You Can Take To Join Them
To be among the top 10% of wealthy retirees, you require a net worth of $1.9 million. These people often have diverse investment portfolios, strong passive income streams, and a balanced long-term mindset.
Boomer Reveals Heartbreaking Reason He Wishes He Claimed Social Security Earlier Than 70: 'I Regret Always Planning For The Future'
75-year-old Tim F. wishes he had claimed his Social Security earlier to fulfil his plans of spending it together with his wife, Sarah, who passed away at age 68.
Clock Is Ticking for New Jersey Lottery Winner To Claim $1.13B Jackpot as Experts Argue Over the Best Cashout Option
The elusive winner of the $1.13 billion Mega Millions drawing in March has another six months to claim the prize. The unclaimed winning ticket was sold in the Neptune Township of Monmouth County, New Jersey.
October Social Security Payouts: Hundreds Of Dollars Added For Many Recipients—Check Your Payment Date
Social Security checks are generally issued starting on the second Wednesday of each month, but some payments like SSI benefits arrive much earlier.
2 Million Social Security Recipients to Gain $360 Monthly? US Congress Prepares to Tackle WEP, GPO Benefit Cuts
House lawmakers in Washington have sufficient signatures on a discharge petition to force a vote on the Social Security Fairness Act, which would repeal laws that reduce Social Security benefits for certain pensioners.
US Social Security Administration To Issue Two SSI Payments in One Month Due to Technicality
Supplemental security income (SSI) checks are issued on the first day of the month. However, they arrive earlier if the first falls on a weekend.
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10 Photos and Quick Facts about Kylie Page: Age, Career, Net Worth and Cause of Death
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US Uncovers $15bn Healthcare Fraud Network Tied to Russian and Eastern European Crime Rings
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'Surveillance on Steroids': China's New National Internet ID Will Track Every Click, Post and Login
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Trump Wanted to Date Princess Diana, But She 'Tossed His Bouquets in the Bin,' Friend Reveals
