Category Personal Finance

A council is considering doubling council tax on second and empty homes, citing their “negative impact” on housing availability. Cabinet members of the Forest of Dean District Council voted unanimously to recommend that the full council approve the proposal in…

A new study from Achieve highlights the fragile state of household finances in the U.S. It shows that 42% of consumers see their primary bank account fall below $50 at least once a month, and 30% lack a financial cushion…

November brings some positive updates for eligible Social Security recipients. While there won’t be any extra payments or bonuses this month, some individuals will get their benefits earlier than usual. Payment Schedule The Supplemental Security Income (SSI) payment is set…

Donald Trump’s proposal to eliminate U.S. income taxes for Americans living abroad marks a significant shift in tax policy, raising concerns about its broader implications. Under current U.S. tax law, citizens are taxed on their worldwide income, even when they…

The Supplemental Security Income (SSI) payment for November, worth up to $943, is scheduled to be distributed on November 1st. This monthly benefit, provided by the Social Security Administration (SSA), supports individuals with disabilities that limit their ability to work…

As 2025 nears, financial advisors are preparing for the expiration of key provisions from the 2017 Tax Cuts and Jobs Act (TCJA), which will affect income, estate, and gift tax planning. Some of the temporary provisions set to expire include…

The Social Security Administration (SSA) has expanded the rental subsidy exception for Supplemental Security Income (SSI) to all 50 states, a policy previously available in just seven states—Connecticut, Illinois, Indiana, New York, Texas, Vermont, and Wisconsin. This change is expected…

Social Security officials announced a 2.5% cost-of-living adjustment (COLA) for benefits in the coming year, marking the smallest increase since before the COVID-19 pandemic. The adjustment, based on federal estimates of private-sector wages, will affect Social Security recipients, military retirees,…