The most recent news reports reveal how the median monthly Social Security payment in the United States could reach around $3000 by 2040, provided that the system is able to address its financial issues and continues to adjust benefits in line with cost-of-living rises. The current average monthly amount is approximately $2,008 and because of the … Read more
A new policy regarding the amount you can put into your 401(k) pension savings will affect millions of wealthy Americans from 2026 onwards. If you’re among those earning more than $145,000 per year, then changes designed to catch-up contribution will affect the way you plan your savings to save for your future. Knowing these changes early will … Read more
You’ve probably heard of Bell Canada’s most recent announcement of almost 700 job losses. The latest round of layoffs impacts management positions across the divisions of the company that include Bell Canada and Bell Media. If you’re in the telecom or are a fan of the industry it is likely that these changes will have an impact … Read more
When making plans for your retirement, knowing the typical Social Security benefit you can anticipate at various ages of claiming is essential. The age at which you begin receiving benefits directly affects your amount you pay each month, which in turn affects your financial security when you retire. You are eligible to claim benefits at any time … Read more
In the first installment of the latest Medicare premium information to 2026. Notice how Medicare Part B premiums are rising significantly, reaching $202.90 monthly, which is increased by $185 from 2025. This 9.7 percent jump is an additional $17.90 per month in premiums to pay, which directly affects you Social Security cost of living adjustment (COLA) … Read more
There’s a lot confusion regarding the “$2000 Social Security increase” in 2025, however the truth is that there’s no universal Social Security payment is actually available. In reality, Social Security recipients are getting a small 2.5 per cent cost-of-living increase (COLA) for this fiscal year. That means the majority of people will receive a modest increase … Read more
The most recent Social Security changes for 2026 include important changes that you must be aware of whether you’re a beneficiary or not. Beginning next year you will receive Social Security benefits will see an increase of 2.8 cost-of-living increase (COLA) that means an increase of just 2% in your monthly payment to keep up with … Read more
There’s been talk of a $200 increase per month in Social Security benefits starting in the early 2026. If you’re a beneficiary of Social Security then you’re probably thinking about who is eligible for this boost and how it will affect the amount you pay each month. The reason for the increase is to help millions Americans … Read more
Washington, D.C. has just passed an important tax bill for emergencies that will bring important changes if you’re elderly, a tipped worker or rely on overtime compensation. The bill city has shut down tax breaks for tipping and overtime of tax break of $6000 “senior reward” deduction as well as tax breaks for tips and overtime … Read more
It’s easy to think that an occupation that pays more than $300k a year implies you’ll need a prestigious university degree or years of expensive training. But, here’s the real game changer: there’s a secret career path in the US which allows you to earn this amount of money without the need for a traditional 4-year … Read more