A growing concern among retirees is the possibility of a 19% cut in Social Security benefits by 2034 — a scenario gaining traction following new trust fund projections. If no reforms are enacted, this reduction could affect about 70 million beneficiaries, slashing their monthly checks almost in half by mid-decade. What’s Causing the Potential 19% Cut? This is Continue reading
2025
Social Security Rolls Out New Measures To Keep Your Benefits Secure
The Social Security Administration (SSA) is rolling out new security enhancements to safeguard your benefits and streamline access. Starting August 2025, registered users of “my Social Security” accounts can opt into a Security Authentication PIN (SAP) when calling the national hotline. At the same time, projections warn that the OASI Trust Fund may run dry sooner than expected. Here’s everything you need to know. Continue reading
Older Drivers Get A Break – State Raises Mandatory Road Test Age To 87
For decades, balancing road safety with individual independence has been a challenge—especially for America’s aging population. With nearly 1 in 5 drivers now over age 65, deciding when older drivers should face extra testing has been a fraught debate. A recent policy shift in Illinois marks a pivotal moment in this ongoing discussion. Why the Change Matters Enhanced medical care, Continue reading
IRS Confirms No Changes To 2025 Withholding Tables Or W-2 Forms Despite New Tax Law
For taxpayers and payroll professionals alike, clarity is key—especially amidst sweeping tax reforms under the One Big Beautiful Bill Act (OBBBA). The IRS has stepped in with timely guidance: for Tax Year 2025, there will be no changes to withholding tables or major forms like the W-2, 1099, or Form 941. This move provides crucial consistency during a complex transition Continue reading
Canada’s $3,716 Monthly Pension In 2025 – Who Qualifies, When You’ll Be Paid & How To Claim
In 2025, many Canadian seniors are talking about a $3,716 monthly pension. While this may sound like a single payment from one program, it’s actually the combined total of three different benefits: Old Age Security (OAS), Canada Pension Plan (CPP), and the Guaranteed Income Supplement (GIS). Each program has its own eligibility criteria, payment rates, and application process. If you qualify Continue reading
$600 Rebate Approved For Millions – Check If You’re Eligible For The Payout
In 2025, millions of Americans could see extra cash in their pockets thanks to new and ongoing rebate payment programs at both federal and state levels. Rebate checks remain one of the most direct ways governments provide financial relief—either as refunds for overpaid taxes or as one-time payments from surplus funds. This year, a proposed $600 federal rebate under Continue reading