Millions of Social Security recipients will see a 2.5% boost in their monthly benefits starting in January 2025. This Cost-of-Living Adjustment (COLA) is designed to help retirees, Supplemental Security Income (SSI) beneficiaries, and Social Security Disability Insurance (SSDI) recipients keep up with inflation. Key Details of the 2025 Social Security Increase Category Details COLA Increase … Read more
In March 2025, Social Security payments, including Supplemental Security Income (SSI) and regular retirement benefits, will be distributed based on the standard schedule set by the Social Security Administration (SSA). Understanding these payment dates can help beneficiaries plan their finances effectively. SSI Payment Schedule for March 2025 February 28, 2025: SSI recipients will receive their … Read more
Donald Trump’s 2025 campaign focused on economic concerns, highlighting issues like inflation and the global recession. However, now that a few weeks have passed since he assumed office for a second term, many Americans are questioning whether his economic strategy includes another round of stimulus payments similar to the American Rescue Plan Act of 2021. … Read more
Tech billionaire and advisor to President Donald Trump, Elon Musk, has suggested that he will “check with the President” regarding a proposed $5,000 Department of Government Efficiency (DOGE) dividend for every American taxpayer. Azoria Investment Fund CEO and DOGE advisor James Fishback floated the idea, calling on Trump and Musk to announce a “DOGE Dividend”—a … Read more
More than 3.2 million Social Security recipients, including teachers, firefighters, police officers, and other public service workers, will soon see an increase in their benefits following the passage of the Social Security Fairness Act. The Social Security Administration (SSA) has announced that most beneficiaries will receive a one-time retroactive payment by the end of March, … Read more
Illinois Attorney General announced an $11.25 million settlement with DoorDash in November 2024, resolving allegations of violations of the Consumer Fraud and Deceptive Business Practices Act. The lawsuit claimed that DoorDash misled customers about how their tips were used to pay delivery drivers, impacting the earnings of dashers under the Pay Guarantee Model between July … Read more
Millions of Social Security beneficiaries will begin receiving long-awaited back payments this week following the enactment of the Social Security Fairness Act. The Social Security Administration (SSA) confirmed that retroactive payments will soon be deposited for many of the 2.1 million retirees and 770,000 spouses and surviving spouses impacted by the elimination of restrictive provisions. … Read more
Supplemental Security Income (SSI) recipients will receive their March 2025 payment earlier than usual. Instead of arriving on March 1, benefits will be issued on February 28, 2025. This change follows the Social Security Administration (SSA) policy, which prevents payments from being sent on weekends or federal holidays. Since March 1 falls on a Saturday, … Read more
The Social Security Administration (SSA) has officially closed its Office of Transformation, placing employees who worked there on administrative leave, according to a statement released Monday. Why Was the Office Shut Down? SSA Acting Commissioner Lee Dudek called the office redundant, aligning the decision with President Donald Trump’s initiative to eliminate wasteful and inefficient government … Read more
The Social Security Administration (SSA) will issue the last SSDI (Social Security Disability Insurance) payment for February on February 26, 2025. After that, all recipients must wait until March for their next monthly benefit. To qualify for the February 26 payment, beneficiaries must have:✅ A birth date between the 21st and 31st of the month✅ … Read more