In a surprising development, Cash App, the popular peer-to-peer payment service by Block, Inc., has agreed to a substantial $15 million settlement. This follows a class action lawsuit filed over issues like unauthorized transactions, fraudulent charges, and frozen accounts on the platform. Affected customers could receive compensation of up to $2,500. This case is part … Read more
The Federal Government provides funding for Supplemental Security Income (SSI) payments, but it’s the Social Security Administration (SSA) that handles the distribution of funds and manages the application process. Unlike retirement benefits, survivor benefits, or SSDI payments, SSI is not funded through payroll taxes. The SSA also manages the yearly adjustments to the maximum SSI … Read more
In April 2025, beneficiaries of Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) should be aware of their payment schedules and eligibility criteria to ensure timely receipt of benefits. SSDI vs. SSI: An Overview SSDI provides benefits to individuals who have worked and paid Social Security taxes but are now unable to work … Read more
In April 2025, millions of Americans will experience a significant enhancement in their Social Security benefits. This improvement results from a combination of a 2.5% cost-of-living adjustment (COLA) and the repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) through the Social Security Fairness Act of 2023. Beneficiaries may receive combined payments of … Read more
The 2025 tax season has brought positive news for many taxpayers, with the Internal Revenue Service (IRS) confirming that eligible Americans are receiving average direct deposit refunds of $3,330 this week. This amount reflects a 4.8% increase compared to the previous year’s average, offering financial relief amidst ongoing economic challenges. Current Tax Filing Statistics As … Read more
In April 2025, Social Security Disability Insurance (SSDI) beneficiaries can expect an average monthly payment of $1,580. This financial support is vital for individuals unable to work due to qualifying disabilities. Understanding the payment schedule, eligibility requirements, and application process is essential for current and prospective SSDI recipients. SSDI Payment Schedule for April 2025 SSDI payments are … Read more
Social Security benefits play a crucial role in supporting millions of Americans. Understanding the 2025 payment schedule is essential for beneficiaries to manage their finances effectively. This article provides detailed information on the Social Security Administration (SSA) and Supplemental Security Income (SSI) payment dates, recent policy adjustments, and answers to frequently asked questions. Understanding Social Security … Read more
The Supplemental Security Income (SSI) program provides financial support to eligible individuals with disabilities, elderly citizens, and low-income families. With new checks set to arrive in 2025, many beneficiaries may be wondering when they can expect their next SSI payment. It’s important to understand the payment schedule, requirements, and how to ensure timely receipt. This … Read more
The Internal Revenue Service (IRS) has set the deadline for filing 2024 tax returns as April 15, 2025. This is the final date to submit your tax return and pay any outstanding taxes. If you need extra time, consider requesting an extension before the deadline. Tax Relief for Disaster Victims In the case of a … Read more