Canadian seniors could be in for much-needed financial relief in 2025. With the rising cost of essentials like rent, groceries, and medication, a proposed one-time $2,350 increase to the Old Age Security (OAS) benefit is gaining national attention. Though not officially confirmed, this federal boost is aimed at easing financial pressure on seniors living on … Read more
In a major move to help Canadians deal with the ongoing rise in cost of living, the Canada Revenue Agency (CRA) has confirmed a one-time GST/HST rebate of up to $3,000 for eligible individuals and families. This special payment—distinct from regular GST/HST quarterly credits—is meant to bring urgent relief to low- and middle-income Canadians who … Read more
South Africa’s Social Security Agency (SASSA) has officially announced updates to its grant programs for 2025, including a confirmed increase in the Child Support Grant to R500 per child per month. This change aims to provide greater financial relief to millions of South African families facing economic hardship, high inflation, and food insecurity. For many, … Read more
South African families have received a financial lifeline as the South African Social Security Agency (SASSA) confirms an increase in child support grants for 2025. Effective from the April payment cycle, the monthly Child Support Grant has risen to R550 per child, bringing much-needed relief amid rising living costs. In July 2025, beneficiaries have already … Read more
A new federal law will change the way drivers aged 70 and older renew their licenses, and it will take effect in July 2025. With around 48 million licensed drivers over the age of 65 in the United States—a number expected to rise significantly—the U.S. Department of Transportation is rolling out new measures aimed at … Read more
In a major move to improve access to healthy food, Colorado has launched the SNAP Produce Bonus, a program offering a $60 monthly reward to low-income residents who buy fresh fruits and vegetables using their Supplemental Nutrition Assistance Program (SNAP) benefits. This dollar-for-dollar match is designed to promote nutritious eating while easing the financial burden … Read more
In July 2025, the Canadian government officially reaffirmed the $500 Canada Housing Benefit, offering one-time rental support for low- to moderate-income renters facing rising housing costs. Administered by the Canada Revenue Agency (CRA), this benefit is part of the country’s larger national housing strategy to address affordability challenges in the rental market. With inflation continuing … Read more
The latest annual report from the Social Security Administration (SSA) trustees confirms that the Old-Age and Survivors Insurance (OASI) Trust Fund is projected to run out of reserves by 2034, leaving retirees facing an automatic 23% reduction in benefits unless lawmakers take decisive action. This alarming forecast underscores the deepening challenges facing America’s retirement safety … Read more
Bank of America has confirmed the permanent closure of 19 of its brick-and-mortar branches across 10 U.S. states in 2025, continuing a larger industry trend as financial institutions scale back physical operations in favor of expanding digital banking services. According to federal filings submitted to the Office of the Comptroller of the Currency, these branch … Read more
The Social Security Administration (SSA) is sending out the third round of Social Security Disability Insurance (SSDI) payments this week, targeting recipients born between the 11th and 20th of any month. These payments are part of a structured monthly schedule that ensures timely financial support for over 8.4 million disabled Americans who qualify for SSDI. … Read more