Month: May 2025

Housing Benefit Overhaul In The UK – Major Changes Coming In 2025 For Tenants And Landlords

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Housing Benefit Overhaul In The UK – Major Changes Coming In 2025 For Tenants And Landlords

Starting May 2025, the UK will implement a significant housing benefit overhaul, aiming to modernize the system, reduce fraud, and better align benefits with actual housing costs. These changes will affect millions of tenants, landlords, and local councils across the country.  This comprehensive guide breaks down the key reforms, eligibility criteria, payment structures, and what stakeholders need to do to prepare. … Read more

UK’s Two-Child Benefit Cap In 2025 – What Every Family Needs To Know

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UK’s Two-Child Benefit Cap In 2025 - What Every Family Needs To Know

As of 2025, the UK’s two-child benefit cap continues to affect thousands of families relying on state support. First introduced in 2017, the cap restricts additional benefit payments for third and subsequent children born after a specific cut-off date. This policy applies to both Universal Credit and Child Tax Credit and has sparked considerable debate due to its financial impact on … Read more

Old Lunchbox Discovery 1999 Wide AM Penny Fetches $5,500 At Auction

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Old Lunchbox Discovery 1999 Wide AM Penny Fetches $5,500 At Auction

In a surprising turn of events, a rare 1999 Wide AM penny found inside an old lunchbox has fetched a whopping $5,500 at auction, turning an ordinary discovery into a collector’s dream. This humble-looking Lincoln Memorial cent turned out to be one of the most sought-after modern pennies, thanks to a rare design variation known … Read more

May 2025 CPP, OAS & GIS Payments – Updated Dates, New Benefit Amounts, And Eligibility Rules

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May 2025 CPP, OAS & GIS Payments – Updated Dates, New Benefit Amounts, And Eligibility Rules

Canada’s retirement income support system is anchored by three major federal programs—Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). These monthly benefits provide essential income to millions of Canadian seniors, ensuring financial stability and dignity in retirement. In this article, you’ll find all the latest updates for May 2025, including payment dates, benefit amounts, eligibility … Read more

$2,000 Child Tax Credit 2025 – Who Qualifies And When Will You Get Paid?

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$2,000 Child Tax Credit 2025 – Who Qualifies And When Will You Get Paid?

The $2,000 Child Tax Credit in 2025 continues to be a vital source of financial relief for American families. With the IRS confirming that payments will now be distributed monthly starting May 2025, this shift offers consistent support rather than a single annual refund. Eligible families could receive up to $1,600 in refundable credit per qualifying child under 17, ensuring even … Read more

This Lincoln Wheat Penny Is Valued at $991K – And It’s Still Out There

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This Lincoln Wheat Penny Is Valued at $991K – And It’s Still Out There

Imagine discovering that a humble penny in your pocket could be worth nearly $991,000. This isn’t a fantasy; it’s the reality for certain rare Lincoln Wheat Pennies still circulating today.  These coins, minted between 1909 and 1958, have become highly sought after by collectors due to specific features and historical significance. The Lincoln Wheat Penny: A Brief History Introduced … Read more

Big Raise Ahead? What The 2026 Social Security COLA Could Mean For Your Retirement

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Big Raise Ahead? What The 2026 Social Security COLA Could Mean For Your Retirement

As 2025 progresses, retirees and Social Security beneficiaries are eagerly anticipating the upcoming Cost-of-Living Adjustment (COLA) for 2026.  Preliminary forecasts suggest a COLA increase between 2.1% and 2.3%, potentially boosting monthly benefits for millions of Americans.  While this projected increase is slightly lower than the 2.5% adjustment in 2025, it remains a crucial factor in helping retirees maintain … Read more

July 2025 Grocery Rebate Update – Is A Boost On The Way For Canadians?

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July 2025 Grocery Rebate Update – Is A Boost On The Way For Canadians?

As of May 2025, many Canadians are wondering whether the federal government will increase the upcoming July Grocery Rebate. Originally launched in 2023 as a one-time support to help with rising food prices, the rebate returned in 2024 and became a key part of the federal affordability strategy. Now, with inflation still straining household budgets, … Read more

Social Security Confirms $1,450 SSI Payment For 2025 – Check Eligibility Now

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Social Security Confirms $1,450 SSI Payment For 2025 – Check Eligibility Now

The Social Security Administration (SSA) has officially announced a 2.5% increase in Supplemental Security Income (SSI) payments for 2025. Starting January 2025, eligible couples will receive up to $1,450 monthly, while individuals can get as much as $967 per month. This adjustment is part of the annual Cost-of-Living Adjustment (COLA) aimed at helping beneficiaries cope … Read more

$500 One-Time Canada Payment – Who Qualifies and When to Expect It?

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$500 One-Time Canada Payment – Who Qualifies and When to Expect It?

In 2025, the Canadian government is rolling out financial assistance for vulnerable groups through two one-time payments: one for low-income renters and another for seniors aged 75 and older. These payments aim to ease the strain caused by rising living costs and affordability challenges, particularly in housing and for seniors on fixed retirement incomes. Let’s … Read more