If you rely on calling the Social Security Administration (SSA) to manage your benefits, a major shift is on the horizon. Beginning August 18, 2025, the SSA is rolling out new identity verification requirements that will dramatically affect how you handle routine tasks over the phone. This change will impact millions of Americans—especially seniors, people … Read more
Raising children in today’s economy is no easy task. From rising grocery bills to child care and school costs, Canadian families are feeling the financial strain. Thankfully, the Canada Child Benefit (CCB)—a tax-free monthly payment designed to help with the cost of raising children—has just received a significant boost for the 2025–26 benefit year. Beginning … Read more
In a significant move toward modernization, the Social Security Administration (SSA) will begin offering 24/7 access to its online “My Social Security” portal starting mid-July 2025. This marks a major upgrade for the more than 60 million Americans who rely on Social Security benefits for retirement, disability, or survivor support. Previously, users had limited access … Read more
The U.S. Department of Agriculture (USDA) has approved new waivers allowing Arkansas, Idaho, and Utah to restrict the purchase of junk food using SNAP benefits. These three states join Indiana, Iowa, and Nebraska, which received approval for similar limitations earlier in May 2025. The restrictions are expected to take effect in 2026, bringing the total … Read more
In a major milestone for American retirees, the average monthly Social Security benefit surpassed $2,000 for the first time in May 2025. According to the Social Security Administration (SSA), the average retired worker is now receiving $2,002.39 per month, reflecting steady growth driven by rising wages, economic shifts, and cost-of-living adjustments. With more than 57 … Read more
A major financial policy shift is on the horizon for American families. Beginning in 2025, the U.S. federal government will deposit $1,000 into a tax-deferred investment account for every child born between January 1, 2025, and December 31, 2028. This initiative—officially named “Trump Accounts”—is part of the “One Big Beautiful Bill”, a sweeping legislative package … Read more
As the UK population ages, the number of elderly drivers is rising sharply, with forecasts indicating that by 2025, more than 5 million drivers will be aged 70 or older. This demographic shift is pushing policymakers to reconsider road safety standards, especially as age-related conditions like slower reflexes, reduced vision, and cognitive decline may increase … Read more
The Singapore government has launched a new initiative—the Majulah Package—to provide direct financial support to seniors with insufficient CPF retirement savings. Aimed at individuals whose CPF savings fall below the 2024 Basic Retirement Sum of $99,400, this scheme promises a one-time bonus of $1,000 or $1,500. Set to be disbursed in December 2025, the initiative … Read more
This month, the Social Security Administration (SSA) is preparing to distribute another round of monthly benefits to more than 70 million Americans. As inflation and living costs continue to strain household budgets, Social Security remains a vital lifeline, especially for retirees and disabled individuals relying on fixed incomes. July 2025 brings not just routine payments … Read more
Millions of veterans across the U.S. will see an increase in their monthly disability compensation beginning this month as the Department of Veterans Affairs (VA) rolls out a 2.5% cost-of-living adjustment (COLA). The new rates took effect on December 1, 2024, and will first be reflected in the August 1, 2025 payment covering the month … Read more