With inflation continuing to squeeze retirement incomes, Canadian seniors are more eager than ever for relief. Lately, rumors have spread like wildfire across social media claiming that Canada Pension Plan (CPP) recipients will receive a \$1200 one-time payment in July 2025, along with a \$600 increase in their monthly pension. Videos, posts, and blogs claim … Read more
With inflation squeezing fixed-income households, many Canadian seniors were surprised to see headlines about a \$969 monthly Old Age Security (OAS) pension payment arriving in July 2025. Social media buzzed with questions—is it real, is it new, and will everyone receive it? The short answer: it’s real for some, but it’s not a universal payout. … Read more
For millions of older Americans, Social Security is the backbone of retirement income. Roughly 4 in 10 people over 65 depend on it for at least half of their monthly income, according to AARP. For many, it is the only steady stream of money after leaving the workforce. But while the federal government already taxes … Read more
In August 2025, millions of Americans who rely on Supplemental Security Income (SSI) will receive two payments instead of one. While this might sound like a surprise bonus, the Social Security Administration (SSA) has clarified that it is a simple scheduling adjustment due to the calendar. Because September 1, 2025, falls on Labor Day, a … Read more
For millions of older Americans, Social Security checks are more than just monthly deposits—they are lifelines. Yet, a recent nationwide survey shows that 63% of seniors are unhappy with their Social Security benefits, citing rising living costs, medical bills, and housing expenses that outpace the modest adjustments made each year. With 73% of seniors relying … Read more
For millions of Americans Social Security is the cornerstone of retirement income. Deciding when to claim benefits can dramatically affect how much money you’ll receive every month for the rest of your life. With more than 70 million people depending on Social Security benefits, understanding the trade-offs between claiming at 62, at full retirement age … Read more
For decades, credit cards have been a tool of convenience for American households—an easy way to pay bills, buy essentials, or cover unexpected costs. But for millions, that convenience has transformed into a dangerous cycle of debt. As of 2025, U.S. households collectively owe over \$1.17 trillion in credit card debt, the highest level ever … Read more
Retirement savings in the United States have long been a source of debate, shaped by concerns about access, fairness, and whether today’s workers are truly prepared for life after their careers end. Former President Donald Trump’s proposal for a sweeping 401(k) overhaul has reignited this conversation, promising to transform how Americans save, invest, and ultimately … Read more
In March 2024, telecommunications giant AT\&T confirmed that millions of its customers had been impacted by two significant data breaches, one stretching back to 2019 and another in 2022–2023. The revelations triggered a nationwide class-action lawsuit and ultimately led to a settlement agreement valued at hundreds of millions of dollars, giving customers the chance to … Read more
The U.S. Department of Veterans Affairs (VA) has announced a major policy decision that will directly impact thousands of families providing care for wounded and disabled veterans. Legacy participants in the Program of Comprehensive Assistance for Family Caregivers (PCAFC) will remain eligible for benefits until September 30, 2028—three years longer than initially planned. The extension … Read more