The history of ancient coins in the United States holds many fascinating stories, but few examples capture the allure of American numismatics as much as the 1794 Flowing Hair Silver Dollar. Recognized as one of the most valuable coins in the world, this historic silver dollar offers a unique glimpse into American history while standing … Read more
As 2024 draws to a close, the time to look at 2025 and how our budgets will work has come, especially for those who depend on Social Security benefits and are wondering how the new cost of living adjustment (COLA) will affect their finances for the new year. Announced in October, the new COLA for 2025 is quite low, especially when … Read more
For parents navigating the financial demands of raising children, Child Tax Credits (CTCs) offer essential relief during tax season. These credits—available at both federal and state levels—provide substantial refunds for eligible families, helping to offset expenses like food, housing, education, and healthcare. Federal Child Tax Credit: Key Details The federal Child Tax Credit (CTC), first … Read more
Social Security beneficiaries can expect a series of scheduled payments throughout December 2024 and January 2025, following the Social Security Administration’s (SSA) pre-established calendar. The SSA ensures beneficiaries receive their payments on time, even accounting for weekends and holidays. Completed Payments in December December’s payment cycle began with an advance Supplemental Security Income (SSI) payment … Read more
While most U.S. quarters found in circulation are worth only their face value, some rare varieties and error coins hold significant value for collectors. From intriguing design flaws to unique minting techniques, these quarters have become prized additions to collections. Here’s a look at some of the most sought-after U.S. quarters and their stories. 1999-P … Read more
The Social Security Administration (SSA) has announced its upcoming Social Security Disability Insurance (SSDI) payments, set to provide financial relief to millions of beneficiaries over the coming weeks. Notably, SSDI payments are scheduled to rise by 2.5% in January 2025, in line with the Cost of Living Adjustment (COLA), ensuring that beneficiaries can maintain their … Read more
The world of numismatic collecting continues to captivate enthusiasts, especially when rare historical coins make headlines. The latest sensation is the famous 1943 copper penny, a rare wartime minting error that recently sold for a staggering $840,000 at a Heritage Auctions event—cementing its status as one of the most valuable coins ever sold. The Story … Read more
Social Security remains a vital financial lifeline for millions of American retirees. In 2025, the Cost of Living Adjustment (COLA) is set to rise by 2.5%, boosting the maximum monthly payment to an unprecedented $5,180. However, this historic increase isn’t available to all beneficiaries—certain strategies and decisions throughout one’s career are necessary to qualify for … Read more
Starting January 1, 2025, adjustments to Social Security’s full retirement age (FRA) will take effect, impacting individuals born in 1959. This change is part of a gradual shift introduced in 1983 to ensure the long-term sustainability of the Social Security system. What’s Changing? For individuals born in 1959, the FRA will increase to 66 years … Read more
The Child Tax Credit (CTC) continues to be a vital support system for millions of U.S. families, helping ease the financial burden of raising dependent children under the age of 17. This program benefits approximately 48 million taxpayers, particularly low-income families, by reducing tax liability and, in some cases, offering partial refunds. What to Expect … Read more