A bill introduced in both chambers of the New Jersey Legislature on March 4 outlines a plan to reauthorize the expiring state Transportation Trust Fund (TTF). This proposal involves a gradual increase in the gas tax by almost 10 cents over the next five years, equating to approximately 2 cents per year. The plan also … Read more
Kansas State Student Body President Caleb Stout vetoed Bill 23/24/81, a proposal to financially compensate student senators. The bill intended to allocate funds, including debt reduction in the emergency allocation account, to provide compensation, such as premium parking passes and event expenses, exclusively for Student Senate members. Stout cited community feedback as a key factor … Read more
In an effort to revive struggling businesses, Congress members Ro Khanna and Debbie Dingell have introduced the Made in the USA Tax Credit Act. This proposed bill aims to incentivize Americans to shop at small U.S. businesses by offering financial rewards. Under the bill, individuals could receive up to $2,500 in tax credits, while couples … Read more
If you’re receiving Supplemental Security Income (SSI), your March payment should have already arrived on Friday, March 1. In case it hasn’t, consider reaching out to the Social Security Administration for assistance. The Social Security payment schedule for March varies depending on when you started receiving benefits or your birthdate. Here’s a breakdown: For those … Read more
Wyonia Butler, a 65-year-old Kentucky woman, claims the Social Security Administration owes her over $500,000 due to underpayment since the 1990s. A former nurse, Butler’s work-related injury at 32 led to surgeries and the end of her ability to work. Although initially receiving workers’ compensation, the payments abruptly stopped after seven months. In 1997, when … Read more
Retirees living on Social Security know the financial challenge of making big purchases, like buying a car. With limited income, every penny counts. Let’s explore some practical tips to make this process a bit smoother. The Challenge of Buying a Car on Social Security: For retirees relying solely on Social Security income, purchasing a car … Read more
A woman in Utah, Raylynn Atkinson, found out that someone had stolen her identity and was using her Social Security number when she tried to file for unemployment. She discovered three W-2 forms from jobs she never worked for, and the IRS confirmed that her Social Security number was being used for various jobs starting … Read more
A Facebook ad, circulated to over 1 million screens, alleges that Republican presidential candidate Nikki Haley plans to cut Social Security benefits for 82% of Americans. The ad, attributed to former President Donald Trump’s campaign, distorts Haley’s statements about reforming entitlement programs. Claim: Nikki Haley’s plan cuts Social Security benefits for 82% of Americans. False … Read more
Retirement expectations often collide with reality, and a recent study by Nationwide sheds light on a concerning trend among American retirees. The December 2023 Nationwide Peak Retirement Survey Insights Report reveals that retirees find basic living expenses consuming over half (53%) of their budgets, surpassing the expected average of 42%. Notably, Social Security payments often … Read more
In 2024, nearly 68 million Americans receive Social Security benefits each month, providing crucial income for those over 65. However, for many, this reliable source of money is often just enough to cover essential costs. Yet, retirement should be a time for pursuing dreams, not just worrying about finances. In this guide, we explore six … Read more