California Stimulus Checks The arrival of a new stimulus check in the hands of American citizens is always a positive development for the entire country. When one area of the nation’s economy begins to thrive, it is likely that other regions will experience similar improvements. Therefore, the news of California receiving a new stimulus check … Read more
CPP Benefits Increase The Canada Pension Plan (CPP) provides a monthly taxable benefit to supplement retirement income. While the average age for CPP payout in Canada is 65, individuals can choose to start collecting benefits at 60 or delay until age 70. The maximum 2024 CPP payout at age 65 is $1,364.60, but the average … Read more
$3200 Payments Coming for SSI, SSDI, SSA Beneficiaries The announcement has been made that there will not be a Fourth Stimulus Checks in 2024, similar to the ones provided during the pandemic. The US government does not have plans to offer additional financial aid to Americans, particularly the elderly. A $3,200 payment is proposed for … Read more
Canada Gas Prices Increase The upcoming year is expected to bring about additional expenses for Canadian residents, with gas prices set to rise in 2024. This increase will impact various aspects, including municipal fees, passes, and federal and provincial taxes. Despite hopes for improved living conditions, the high cost of living continues to pose challenges, … Read more
Canada GST Increase 2024 Applying to the majority of products and services sold in Canada, the Goods and Services Tax (GST) is a value-added tax. The two-stage hike planned in the federal budget would raise Canada’s GST rate, which is now 5%, to 9% on 2024. Along with the government’s revenue and expenditures, this move will have … Read more
SSI Payment Schedule 2024 – Have you ever utilized SSI Payments? Are you anticipating SSI Payments in 2024? If so, you may be interested in learning about payment dates, stimulus checks, or the application process for SSI benefits in 2024. The SSI Payment amount is adjusted with COLA in the USA. The most recent change … Read more
OAS Payment Schedule The Old Age Security (OAS) program is the cornerstone of Canada’s retirement income system. It provides a basic pension for individuals aged 65 and above who have been Canadian residents for at least 10 years after the age of 18. The amount of OAS benefit received depends on the duration of residency … Read more
During tax season in America, you have the potential to save a significant amount of money by utilizing tax credits. These credits allow you to reduce your income tax obligation on a dollar-for-dollar basis. If you qualify, you can use them to decrease your tax liability and potentially increase your tax refund. The American Opportunity … Read more
$5,200 Social Security Stimulus Checks The ongoing news of the 2024 New Social Security Bill, which amounts to $5200, aims to provide financial assistance to Social Security recipients. This proactive measure by the US government is a response to the financial challenges brought about by the COVID-19 pandemic and ongoing inflation. Under this bill, Social … Read more
$641 GIS Payment Date 2024 Canada’s government continues to introduce various benefits for its citizens, while also levying taxes across multiple departments. Similarly, the government adjusts taxes for residents, while concurrently offering supplementary benefits through various programs such as CB, OAS, CAI, CPP, and others. As part of these initiatives, the federal government is set … Read more