Category Personal Finance

The Supplemental Nutrition Assistance Program (SNAP), a crucial financial lifeline for millions of low-income families in the U.S., is expected to see a significant increase in 2025 thanks to the annual Cost-of-Living Adjustment (COLA). This adjustment is designed to help…

One of the key features of Social Security is the annual cost-of-living adjustment (COLA), designed to help retirees keep pace with inflation. As prices have soared in recent years, these annual raises have been a lifeline for many. In October,…

In early 2023, a curious event unfolded at the U.S. Treasury Department—a mysterious $7 billion estate tax payment appeared on February 28, vastly exceeding the typical daily estate tax collections. This unusually large sum sparked a hunt for the source…

The prime minister and chancellor are reportedly considering changes to inheritance tax as part of the upcoming Budget on October 30, according to the BBC. While the details of these potential changes are still unclear, they could mean more people…

Billionaire investor Stanley Druckenmiller has admitted to one of his biggest recent regrets: selling his entire stake in Nvidia. Months after offloading the stock, Druckenmiller now says he wishes he hadn’t, acknowledging the missed opportunity as Nvidia’s value continues to…

Millions of Americans who rely on Supplemental Security Income (SSI) will experience an unusual schedule this year, receiving two payments in November but none in December. This is due to a calendar quirk that affects how payments are distributed. Why…

The government is planning to raise more money through inheritance tax in the upcoming Budget, according to reports from the BBC. While the exact details are not yet clear, changes to inheritance tax rules are being considered by Prime Minister…

If you’re one of the many Social Security recipients wondering why there’s no check coming in December, don’t worry—there’s no need for concern. This change is simply a result of a calendar quirk. Due to how the dates fall this…

The Cato Institute recently released its 17th biennial Fiscal Policy Report Card on America’s Governors, assessing tax and spending policies from 2022 onward. The report highlighted significant disparities in fiscal management across the country, with six governors receiving top marks…

The MiCard system, a service used by some Manx residents to collect pension and benefit payments in cash, will be phased out by the end of 2025, according to Treasury Minister Alex Allinson. Currently, fewer than 3,000 people on the…