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Social Security benefits: Who is eligible for a $200 monthly increase?

Social Security benefits: Who is eligible for a $200 monthly increase?

Possible Increase for Social Security Recipients Some positive news may be on the horizon for those receiving Social Security, thanks to a proposal from a group of Democratic senators. The proposed legislation, titled the Social Security Emergency Inflation Relief Act, aims to provide an increase of $200 per month for Social Security benefits starting in […]

Social Security benefits might rise by $200 each month — here’s who would be eligible.

Social Security benefits might rise by $200 each month — here’s who would be eligible.

Democratic senators have proposed a bill that could increase monthly Social Security payments by $200, emphasizing the financial struggles seniors face amid rising living costs. The recently introduced title, “Social Security Emergency Inflation Relief Act,” aims to provide additional support not just to Social Security recipients, but also to those receiving Supplemental Security Income, Veterans […]

Certain Homestead recipients may not be eligible for local ‘piggyback’ benefits.

Certain Homestead recipients may not be eligible for local ‘piggyback’ benefits.

Changes in Homestead Exemption Regulations Between 2007 and 2013, all seniors qualified for the homestead exemption regardless of their income. However, recent changes now exclude current recipients and set a $30,000 income cap for future applicants. Previously, the limit stood at $40,000. The budget analysis highlights an important distinction: to qualify for the local option […]

Am I Eligible for an Inflation Refund Check? Important Information to Consider

Am I Eligible for an Inflation Refund Check? Important Information to Consider

New York Begins Sending Inflation Refund Checks For the first time, over 8 million households in New York will receive inflation rebate checks. On Friday, September 26, Gov. Kathy Hochul announced that these checks, amounting up to $400, have been sent to 8.2 million households throughout the state. The distribution is expected to continue into […]

What is the Presidential Medal of Freedom and who is eligible for recognition?

What is the Presidential Medal of Freedom, and who can be honored?

President Donald Trump has announced that he will posthumously award the Presidential Medal of Freedom to Charlie Kirk, a conservative activist who was tragically shot while speaking at an event in Utah on Wednesday. Kirk, who was 31 years old, was struck by a bullet that reportedly came from the roof of a nearby building […]

Can we revisit how to contribute IRA funds to eligible charities?

Can we revisit how to contribute IRA funds to eligible charities?

Dear Liz: Please address recent inquiries regarding how to make a qualified charity distribution from an IRA using a debit card. Some large mutual fund companies inform their customers that checks drawn from IRA accounts for charitable donations qualify as QCDs. So, whether you use a check or a debit card, it seems like they […]