The ₱4,800 SSS Disability Payout refers to a lump-sum benefit granted to members who have suffered a permanent partial disability and have not met the minimum contribution requirement for a monthly pension. Eligibility Criteria: Computation Example: If a member has a base monthly pension rate of ₱1,000, 24 contributions, and a 20% disability rating: This amount is provided as Continue reading
$3 Million Super Tax Warning For Retirees – Time To Be Proactive
A major shift is on the horizon for Australians with high-value superannuation accounts. Starting July 1, 2025, the government will introduce a controversial tax increase on super balances exceeding $3 million. This has caused widespread concern among retirees and high-net-worth individuals who have spent decades planning their financial futures. Financial experts are urging those affected to be proactive, Continue reading
Kennedy Half Dollar Found in Grandpa’s Toolbox Now Valued at Over $50,000
In a heartwarming twist of fate, a Pennsylvania family stumbled upon a rare 1964 Kennedy Half Dollar while cleaning out their late grandfather’s toolbox. What appeared to be a common coin turned out to be a numismatic treasure, now valued at over $50,000. This discovery has captivated coin collectors and enthusiasts alike, highlighting the potential value hidden in Continue reading
1922 No D Lincoln Penny Hidden In Old Candy Tin Sells For $82,500
In an extraordinary and unexpected turn of events, a rare 1922 No D Lincoln penny discovered inside a dusty old candy tin was recently sold for an astonishing $82,500 at auction. The find stunned even seasoned collectors, offering yet another reminder that coin treasures can be hiding in the most ordinary places. This penny, already known in the numismatic world as one Continue reading
Retirees’ Social Security Payments Rise on May 14, 2025 – Find Out the New COLA Amounts
The Social Security Administration (SSA) is preparing for its next round of payments, which will be issued in May 2025. This new distribution is aimed at retirees and can reach up to $4,108, depending on various factors. Let’s break down everything you need to know about these upcoming payments. Overview of Social Security Beneficiaries In Continue reading
GST/HST Credit Payment of $179 In 2025- Eligibility, Payment Dates & Full Breakdown
The Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit is a tax-free quarterly payment designed to assist low- and modest-income Canadians in offsetting the cost of GST or HST paid on goods and services. For the 2025 payment cycle, eligible individuals can receive up to $179 per child under 19, with total annual amounts varying based on family status and income. What Continue reading
2026 SSDI COLA Increase- How Much More Will You Get? Check Full Details Now
Social Security Disability Insurance (SSDI) beneficiaries are anticipating the 2026 Cost-of-Living Adjustment (COLA), which is crucial for maintaining purchasing power amidst inflation. Preliminary forecasts suggest a modest increase, reflecting current economic trends. Projected 2026 COLA Increase Recent analyses indicate that the 2026 COLA is expected to range between 2.2% and 2.3%, slightly below the 2.5% increase in 2025. This adjustment aims Continue reading
Canada’s $3,500 Old Age Security Payment-Full Update For 2025
Recently, discussions have emerged regarding a $3,500 Old Age Security (OAS) payment for Canadian seniors in May 2025. However, there is no official announcement from the Canadian government confirming such a one-time payment. The standard OAS payments continue as scheduled, adjusted quarterly based on the Consumer Price Index (CPI). Current OAS Payment Structure The OAS Continue reading
SSS Pensioners To Receive ₱1,976 Monthly Increase Starting May 2025
The Social Security System (SSS) has officially announced a ₱1,976 increase in monthly pension payouts, set to commence in May 2025. This adjustment aims to provide enhanced financial support to over 3.6 million retirees, addressing the rising cost of living and fulfilling commitments under the Social Security Act of 2018. Background: The Second Tranche of Pension Reform The Social Security Act of Continue reading
₱2,200 Monthly Support for Seniors, Persons with Disabilities, and Survivors in the Philippines – Eligibility Explained
The ₱2,200 monthly pension in the Philippines is a vital government initiative aimed at providing financial assistance to retired senior citizens, persons with disabilities, and the surviving family members of deceased contributors. This pension scheme is administered by the Social Security System (SSS) and the Government Service Insurance System (GSIS). It ensures financial stability for Continue reading