If you receive a Social Security check, pay attention to the calendar: some beneficiaries will receive two payments in August. Program Changes Affecting Supplemental Security Income, or SSI, is a Social Security program that provides financial assistance to low- and blind Americans who are disabled or have low-income incomes aged 65 and older. According to … Read more
President Biden has ruled out a fourth round of general stimulus checks, but a new financial plan aims to provide additional economic support, particularly for senior citizens. The proposed $3,200 stimulus payment is intended to assist those hardest hit by the economic challenges triggered by the COVID-19 pandemic, specifically targeting individuals enrolled in three key … Read more
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