The default in Canada is no longer 65. Now that you can defer CPP until 70, you’ll get a 0.7% increase for each month you delay it, or 42% more income for the rest of your life than starting an income at the age of 65. For someone who ends up with a base CPP … Read more
As of January 2025, Canada Pension Plan (CPP) benefits were increased due to a 2.6% cost-of-living adjustment (COLA). That was due to the way that prices rose in Canada over the last year and was intended to help pensioners maintain their standard of living. Retirees who are receiving CPP should see that their cheques are … Read more
On July 9, 2025, beneficiaries with birthdays from January 1 through January 10 will receive payments. That date falls on the second Wednesday of July each year. It is one of three potential monthly payment dates that the Social Security Administration (SSA) uses to ease benefit distributions. Reports indicate the average monthly Social Security benefit … Read more
The Credit One Bank Settlement is a pending concern to tens of thousands of consumers nationwide. This lawsuit is about additional fees the bank assessed for “express payment” services. The charges were tacked on when customers attempted to pay their bills quickly online or over the phone. Credit One, the lawsuit said, didn’t deliver anything particularly special or … Read more
Various rumors are circulating about a fourth federal stimulus check in 2025, with some people discussing a $2,000 or even $5,000 relief check. Some have held up President Trump’s DOGE dividend plan. It was a proposal to distribute checks to Americans, paid out of money saved from the Department of Government Efficiency, as a potential … Read more
Many people in the USA Will now receive $725 stimulus check from State-funded assistance programs in July 2025. The payments are part of a range of relief measures to lighten the fiscal strain from inflation and higher living expenses. Having let the federal stimulus checks expire, some states, like California, New York, and Colorado, have … Read more
The United States instituted more stringent visa policies in 2025. They range from collecting social media handles to expanding background checks to halting visa processing for individuals from a specific group of countries. Some embassies temporarily paused student visa interviews while reviewing security protocols. The moves are part of an effort to strictly screen applicants … Read more
In 2025, A fake social media post started to circulate, claiming that a new federal law would soon require all drivers over the age of 70 to pass fresh driving tests and potentially face annual renewals from that July. Many of the state’s older drivers and their families feared that their licenses were in jeopardy, … Read more
In mid-2025, the U.S. announced a one-time $1,500 child stimulus payment that was intended to help families raising children younger than 17 grapple with inflation. This payment is distinct from the traditional Child Tax Credit and new in its reach. It’s intended to help minimize some financial worries relating to childcare, school supplies, and daily … Read more
Commencing on July 24, 2025, the U.S. government is taking action on stronger garnishment laws around Social Security payments. In other words, some people on Social Security may find that the government takes money out of their monthly benefits because they owe the government money. These deductions may stem from overpayments in the past or … Read more