In America, there are programs made by the U.S. government to help individuals with low income or disability. Social Security Fairness Act is also one of the same kind of program. The Social Security Fairness ACT was signed into law on 5 January 2025 by eliminating two old programs which are the Windfall Elimination Program … Read more
Government authorities confirmed that no change has been made to the retirement age for central government employees, despite widespread social media rumours to the contrary. The Lok Sabha and the Press Information Bureau (PIB) have confirmed that no plan to raise the retirement age over 60 is under consideration. People nowadays are healthier and live … Read more
As tax season approaches, some Americans may be curious about how the 47th president’s administration may impact their child tax credit as president Trump has returned to the White House. The 2017 Tax Cuts and Jobs Act changed the child tax credit ceiling to $2,000 per qualified child, which is double that of tax year … Read more
Americans are now allowed to file IRS Tax returns from January 27, 2025. IRS made the announcement for people who want to file tax returns for the year 2024. They are allowed to perform it from the provided date. If you are also looking to file your tax return then you should know about the … Read more
The increasing debt load carried by U.S. consumers is striking alarm bells from Main Street to Wall Street. According to a data released, average credit scores have declined in every state over the past 12 months, painting a bad picture of the state of American credit. This research is just one more piece of bad … Read more
The Bureau of Labor Statistics said on Wednesday, February 12, that consumer prices increased more quickly than expected in January. Inflation increased by 2.9% in December and then by 3% annually, the most since June 2024. Prices increased by 0.5% for the month, which is the biggest increase since August 2023. December saw a 0.4% … Read more
Low-income families face financial challenges to pay their bills while caring for children. Different needs and requirements need to be met to provide a better growth and development environment to help people meet their needs. IRS provides $2000 Child Tax Credit (CTC) per child that can help families with children to overcome the financial stress. … Read more
A £200 million settlement in the collective action between MasterCard and Walter Merricks, which represented 44 million UK customers, was granted by the Competition Appeal Tribunal (CAT) on Friday, February 21. A negligence admission was not made in the settlement of the dispute, which claimed that Mastercard interchange fees violated EU competition law. Walter Merricks, … Read more
A major cybersecurity incident at Capital One Bank, one of the top financial organizations in America, in 2019 exposed the private data of millions of customers . As 2025 is here, impacted consumers might at last get payment through a Capital One Bank Settlement Payment Amount 2025. Following advancements in cybersecurity, the attack exposed weaknesses … Read more
Tax filing dealing is getting closure and taxpayers are looking forward to filing their return. Therefore, they want to collect information on the Standard Deduction for Tax Return File in 2025 to reduce the tax amount they owe to the IRS. This can help them to know how much they can get financial relief directly. … Read more