Beyond a higher monthly payment, a 100% VA disability rating has many benefits that can improve your quality of life, even when the financial boost is significant. As 2025 is here, VA will begin adjusting veterans’ disability compensation payments based on the Cost-of-Living Adjustment (COLA). To help veterans keep up with inflation, a 2.5% COLA … Read more
It may surprise you to learn that your benefits under the Canada Pension Plan (CPP) rise a little each year or most years, anyway. Your CPP Inflation Increase 2025 in accordance with the cost of living because it is tied to inflation. In years of high inflation, the gains can be significant even if they … Read more
Exciting news for 2025 is here, as the Child Tax Credit (CTC) is changing dramatically, requiring families to act sooner than thought. This move promises to provide much-needed relief, but it means you will have to claim the credit sooner than you planned. The Child Tax Credit (CTC) is a government program meant to offer … Read more
Social Security beneficiaries will have good news in 2025 as Social Security benefits will rise by 2.5 percent for more than 72.5 million Americans. This hike is meant to assist cover rising costs for fuel, food, and other products and services. Retirees receive an average monthly rise of over $50 due to the cost-of-living adjustment … Read more
A vital component of funding higher education, student loans enable millions of students to pursue their academic and professional objectives. But as tuition prices continue to rise and student loan debt reaches previously unheard-of heights, borrowers nationwide are growing increasingly concerned about the burden of loan repayment. President Biden is aware of this, and prior … Read more
For Canadian citizens and legal residents 65 years of age or older, the Old Age Security (OAS) program provides a monthly payment. Your employment history has no bearing on your OAS, so you may still be eligible for this benefit even if you haven’t worked very hard or at all. For seniors in Canada, the … Read more
In America, you have time till June to Apply for a Student Loan with FAFSA and you must remember each school can have a different FAFSA 2025–2026 Deadline. The next generation of students is now able to apply for federal aid, which will help them manage their finances while attending college by providing much-needed tuition … Read more
Nearly every family with children is eligible for the Child Tax Credit (CTC). However, the Tax Policy Center projects that one in four children under the age of 17, will receive less than the full credit amount in 2025 due to their parents’ insufficient income. Families with incomes of at least $2,500 the minimum required … Read more
Over 98 million customers’ and credit card applicants’ private information was made public by one of the biggest data breaches in Capital One’s history in 2019. Social Security numbers, names, residences, credit scores, and even bank account information were included. Due to the breach’s significant impact on financial fraud and identity theft, a $190 million … Read more
Payments for the first GST credit benefit of 2025 will be made on Friday, January 3. A tax-free quarterly payment known as GST credit is available to individuals and families with “low and modest incomes” to help them balance the GST they pay. The states’ and territories’ program contributions can also be incorporated. You will … Read more