Kohil Patel
The IRS has introduced a new opportunity for U.S. taxpayers to claim refunds of up to $6,600 for the 2020 tax year. This initiative primarily targets individuals who have yet to file their 2020 returns and meet specific eligibility criteria, particularly families with qualifying dependent children. Who Qualifies for the Refund? Families who could not … Read more
The 2024 Cost-of-Living Adjustment (COLA) is winding down, and starting January 2025, Social Security beneficiaries will see changes reflected in their monthly checks. The new 2025 COLA, set at 2.5%, aims to align benefits with inflation, ensuring that recipients maintain their purchasing power amid rising costs. Here’s an in-depth look at what this means for … Read more
The Social Security Administration (SSA) has announced a 2.5% increase in monthly benefits for the 2025 Cost-of-Living Adjustment (COLA). While this adjustment is intended to help beneficiaries cope with inflation, many retirees are expressing concerns that it falls short of addressing the rising cost of living. For those who rely heavily on Social Security as … Read more
The Canadian government has introduced a new $250 check aimed at providing financial support to many workers across the country. However, eligibility for this payment comes with specific conditions. To qualify, Canadians must have worked in 2023 and earned up to $150,000. Retirees and those receiving social assistance are not eligible for this payment, which … Read more
The Social Security Administration (SSA) has officially announced the payment dates for November 2024, ensuring timely distribution of benefits to millions of retirees, disabled individuals, and other beneficiaries across the United States. This update is especially crucial for those relying on these payments for retirement, disability support, Supplemental Security Income (SSI), and survivor benefits. November … Read more
Caring for a loved one with a physical or mental impairment is both rewarding and demanding. Recognizing this, the Canadian government offers the Canada Caregiver Credit (CCC)—a non-refundable tax credit designed to ease the financial burden on caregivers. In 2024, eligible caregivers can claim up to $7,999. This guide explains the CCC, including eligibility requirements, … Read more
The Bicentennial Quarters are more than just pocket change—they are unique pieces of American history, created to commemorate the 200th anniversary of the United States. Struck in 1975 and 1976, these quarters feature a special design by Jack L. Ahr, showcasing a Colonial drummer on the reverse and the years “1776-1976.” While millions of these … Read more
The Social Security Administration (SSA) has announced an exciting update for eligible couples receiving Supplemental Security Income (SSI). Beginning in December 2024, couples will see an increase in their maximum payment, which will reach up to $1,450. This adjustment is part of a 2.5% cost-of-living adjustment (COLA) for 2025, but the payment will be issued … Read more
As November 2024 comes to a close, eligible retirees have one final opportunity to claim the maximum Social Security benefit of $4,873. If you’re aiming to secure this amount, understanding the eligibility requirements, payment schedules, and strategic steps to take is essential. This guide walks you through everything you need to know to make sure … Read more
If you have a rare coin tucked away in your collection, it might be worth far more than you think. Take, for example, the 1794 “Flowing Hair” Silver Dollar — valued at an astounding $10 million. This historic coin is not just a financial treasure; it’s a key piece of America’s early history. With only … Read more