The Canada Pension Plan is an essential retirement plan in Canada, with a monthly payment of $815 to $1,364. Awareness of the plan, like payment dates, eligibility, and tips on maximizing your benefits, is important in ensuring your security in retirement. There is also an additional payment of $3,800 payable in January 2025. This article … Read more
The Social Security Administration (SSA) has announced that Supplemental Security Income (SSI) payments of up to $1,450 will be made to eligible couples on December 31, 2024. This life-saving financial aid is for people and couples who have limited income and resources to provide for basic needs such as food, clothing, and shelter.. With the … Read more
Starting in January 2025, Social Security, SSI, SSDI, and VA beneficiaries will see an increase in payments due to a new *Cost of Living Adjustment (COLA).* This increase in COLA will help them meet expenses and maintain their purchasing power due to inflation. This 2.5% COLA increase will increase payments from approximately $1,927 to $1,976 … Read more