Social Security Administration’s Adjustment Provides Additional Income Amidst Inflation In a welcome development for Supplemental Security Income (SSI) recipients, the upcoming Cost of Living Adjustment (COLA) in 2023 is set to bring a financial lift. The Social Security Administration has announced a 3.2% increase for 2024, a response to the persistent impact of high inflation. … Read more
State’s Department of Revenue Approves Rebates Totaling $275 Million for Thousands of Households In a financial relief initiative, the Arizona Families Tax Rebate is poised to bring a cash windfall to thousands of households, with checks ranging from $100 to $750. The Arizona Department of Revenue has given the green light to rebates designed to … Read more
The Social Security Expansion Act Aims to Boost Financial Support for Seniors In a bid to provide additional financial relief, the Social Security Expansion Act is set to offer a $200 per month enhancement to individuals already receiving Social Security benefits or those turning 62 in 2023. The focus of this stimulus is to aid … Read more
As October kicked off, American college students were faced with a mixed bag of news regarding their student loans. On October 1, federal student loan repayments resumed, marking the end of a three-year hiatus due to the COVID-19 pandemic. However, just days later, on October 4, the Biden-Harris administration introduced a new plan to forgive … Read more