In May 2025, some recipients of Supplemental Security Income (SSI) will receive two payments. While it may seem like a bonus, this is simply a result of how the Social Security Administration (SSA) schedules payments, not an extra benefit. This article explains the reason for the two payments in May, who will receive them, and … Read more
The Canada Carbon Rebate (CCR), formerly known as the Climate Action Incentive Payment, is a federal initiative aimed at offsetting the costs associated with carbon pricing. In 2025, the CCR continues to provide financial relief to Canadian households, particularly in provinces where the federal carbon pricing system applies. This article delves into the specifics of … Read more
In May 2025, a routine visit to a thrift store in Indiana turned extraordinary when a shopper discovered a rare 1943-P Jefferson Nickel nestled among vintage buttons. This coin, minted during World War II, contains 35% silver, a composition used between 1942 and 1945 due to nickel shortages. What made this find exceptional was its … Read more
Retirees on fixed incomes often face challenges when it comes to upgrading essential household appliances. Fortunately, various energy efficiency programs across the United States offer substantial rebates—up to $1,800—to assist in replacing outdated refrigerators. While not directly provided by the Social Security Administration (SSA), these programs are designed to alleviate financial burdens and promote energy … Read more
A recent proposal to implement means-testing for Social Security benefits has sparked widespread debate. Advocates argue it would ensure the program’s sustainability by directing funds to those who need them most. Critics, however, warn that such a move could undermine the program’s universality and financial stability for many retirees. Understanding Means-Testing and Its Potential Impact Means-testing involves assessing an … Read more
As we enter 2025, many Canadian seniors are seeing changes in their retirement benefits. While there’s no ongoing $2,500 monthly increase, there are meaningful updates to Canada Pension Plan (CPP) and Old Age Security (OAS) payments. Understanding the new amounts, eligibility, and how benefits are structured can help retirees make smart financial decisions. CPP & OAS Payments 2025: Latest Amounts … Read more
Capital Gains Tax (CGT) in Australia can significantly impact your financial returns when selling assets like property, shares, or even cryptocurrency. However, many Australians may not be aware that through strategic planning and understanding legal exemptions, they can reduce or even eliminate CGT, potentially saving themselves up to $150,000 or more. This article delves into … Read more
Alaska has long offered its residents an economic benefit through the Permanent Fund Dividend (PFD), a program that distributes part of the state’s revenue generated from oil and gas production. The PFD provides a vital financial cushion to many Alaskans, especially as it helps ease the burden of living costs. Components of the 2025 PFD … Read more
In a heartwarming turn of events, a simple act of kindness at a Midwest diner has blossomed into a national story. A waitress received an unexpected tip—a Kennedy half-dollar coin—that may hold far more value than anyone initially realized. What started as a routine gesture has now drawn the attention of collectors, historians, and curious onlookers across … Read more
The Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit is a tax-free quarterly payment provided by the Canada Revenue Agency (CRA) to assist low and modest-income households in offsetting the GST or HST they pay on goods and services. In 2025, with the continued rise in living costs, this credit serves as a crucial support mechanism for many Canadians. For the payment period … Read more