James Carter The majority of us would prefer to leave the last two years in the rearview mirror—and we mean that in a big way. COVID-19 has had a severe physical, emotional, and financial effect on us since March 2020. Now, as the year comes to a … Read more
When it comes time to file their taxes, many Social Security recipients are unsure if their benefits are considered income. A person’s overall income is a factor in determining whether or not benefits are counted as income. In order to maintain a certain standard of … Read more
Huge swaths of the American population have received three distinct stimulus payments since the start of the disease. The government had already began offering financial assistance as a consequence of growing job insecurity and rising prices. The influence of the Omicron variation, on the other … Read more
In March of 2021, Congress enacted a major relief measure that included not just stimulus cheques but also an expansion of the Child Tax Credit. Not only did the credit’s value rise, but half of it was distributed to users in monthly instalment instalments between … Read more
In March 2021, the majority of eligible Americans got their third and last (so far) economic stimulus check. At the time, the Biden administration had approved $1.9 trillion in legislation. The bill provided a $1,400 payout for any American who fell below a specified income … Read more
The monthly food assistance of only $19 is barely enough for a 74-year-old Florida woman living on social security to make ends meet. Elderly Mrs. Reynolds, who recently started working at the local Walmart as a part-time cashier, worries about being able to keep up … Read more
Despite rising inflation fears, there has been increasing clamour for a fourth stimulus check amid some concerns about the economy in 2022. A tiny group of politicians has been urging Congress to approve another batch of stimulus checks for many months. While 21 Senate Democrats … Read more
I’ve worked out exactly how much money I’ll need in retirement and how much of that will come from my retirement savings. While making plans, I didn’t include Social Security as a source of income. You may be surprised to learn why I didn’t include … Read more
The IRS says it has finished mailing out stimulus payouts, but depending on your 2021 taxes, you may be eligible for extra money. The IRS distributed more than 175 million Economic Impact Payments as part of the American Rescue Plan to assist individuals in coping … Read more
Even though I’m almost exactly 412 years younger than my wife, we’ve been married for over a decade. When I reach the age of 70, I’ll apply for Social Security benefits. Historically, my earnings have been significantly higher than those of my wife. In my … Read more