Posts

Supplemental Security Income (SSI) recipients can typically expect payments on the first of every month unless the first falls on a weekend or holiday. According to the Social Security Administration’s schedule of Social Security benefits for 2022, July’s payments are scheduled to go out on Friday, July 1. By Josephine Nesbit See: SNAP Schedule: When Can I Anticipate July 2022 Payments?Social Security: You Could Lose Your Benefits If You Didn’t Report Your Marriage to the SSA...

The Cash App Cash Card is a way for Cash App customers to pay in-store and online using their Cash App Balance. The Cash App Cash Card is accepted at any location that accepts Visa. Because Cash App is not a traditional bank account, users may wonder where they can add money to their Cash App Cash Card. This card is not directly connected to your personal bank account, but rather to your Cash App balance....

The White House announced a new hotline to order free COVID-19 tests, in addition to the website rolled out earlier this month. By Yaёl Bizouati-Kennedy See: White House Offers Free At-Home COVID Tests, Mailed Straight to Your Household — How Long Will They Last? Find: Tax Surprise! If You Received COVID Benefits, You Could See No Refund — or Even a Bill The hotline went live Jan. 21, and households can call 800-232-0233 to request up to four free tests....

Even if you’re not a fan of using credit cards, it’s easy to get lured into applying for one thanks to the endless media promotions for cards with double miles, 100,000-point sign-up bonuses or other perks. But you should take a careful look at your personal financial situation before you apply for any cards. Lenders have been tightening standards throughout the coronavirus pandemic, and it can still be harder to get approved for a credit card right now than you might think....

If you’ve been thinking about tapping into your home equity to finance a renovation or large purchase, there may be no better time than now. Last year the amount of equity that borrowers could take out of their homes hit a record — but accessing the money might take some strategizing. By Vance Cariaga See: 20 Home Renovations That Will Hurt Your Home’s ValueFind: How To Refinance a Mortgage The record level of home equity is the result of soaring home prices in the United States, CNBC reported on Tuesday....

If you owe money on your taxes, but might not be in the best financial situation to pay them all off at once, you can apply online to set up a payment plan for your tax bill. If you are a qualified taxpayer or have power of attorney for one, you can apply for a payment plan, including an installment agreement online to pay off the balance over time. By Georgina Tzanetos Learn More: Need Help Paying For Your Taxes?...

In 2022, new vehicle sales dropped by 8%, but according to Kelley Blue Book, electric vehicles are not to blame for the fall. EV sales surged by 65% last year over 2021, jumping from a 3.2% market share to 5.8%. By Andrew Lisa In short, demand is sky-high, so it won’t be easy to negotiate the price if 2023 is the year that you finally decide to go electric. But with KBB quoting $64,249 as the average price for a new electrical vehicle, most people will be priced out if they can’t work the dealer down at least a little....

Pension planning tends to focus on saving enough money during your working life to provide a sustainable income during your retirement. During this planning, one area sometimes gets overlooked — how to ensure your family benefits from your pension in the event of your death.See: Does Working After Full Retirement Age Increase Your Social Security Benefits?Read: With a Recession Looming, Make These 3 Retirement Moves To Stay On TrackFind: 6 Shakeups to Social Security Expected in the New Year...

Thanks to technology and free financial advice on social media, Americans are beginning to invest earlier than they did in past generations. Around 22% of Gen Z investors say they started before the age of 18 while only 8% of millennials say the same, according to a recent survey from MagnifyMoney. By Jenny Rose Spaudo Tips: 7 Financial Habits That Improve Your Daily LifeInvestment Options: 9 Safe Investments With the Highest Returns...

Summer is in its second half, which means it’s time to start thinking about sending your kids back to school. If you’re like many parents, you might be ready for a break from your adorable-yet-energetic kids, but you’re not looking forward to all of the expenses associated with a new school year. By Jennifer Taylor Discover: 10 Items That Are Always Cheaper at Sam’s Club Find: 10 Biggest Deals at Walmart for August...

When it comes to growing generational wealth, choosing the right financial institution can be a big boost to your efforts. Not all banks can appeal to both the older and younger generations, and finding one that keeps both generations engaged can help make both wealth generation and wealth transfer more likely. In addition to offering estate planning and other wealth transfer solutions, here’s a list of five banks that have both cutting-edge features that may appeal to younger investors and the banking and investment accounts that can help create wealth in the first place....

Coinbase customers have a lot to say about the nation’s largest cryptocurrency exchange platform. Interviews and thousands of complaints have revealed a pattern of account hacks where users have reported money vanishing from their accounts, reports CNBC. Then, when customers try to contact Coinbase support, they’re met with less than stellar customer service. By Josephine Nesbit Latest: Crypto Hackers Steal $97 Million from Japanese Trading PlatformMore: Is Crypto Safe After Hackers Steal $600 Million?...

Markets were rattled on Feb. 10 as inflation rose again in January, with the Consumer Price Index for All Urban Consumers (CPI-U) increasing 0.6% — bringing the overall inflation rate to 7.5% according to a U.S. Bureau of Labor Statistics report. This news was coupled with Federal Reserve Bank of St. Louis President James Bullard’s comments in support of raising interest rates by a full percentage point by the start of July — including the first half-point hike since 2000 — in response to the hottest inflationary period in four decades, Bloomberg reported....

What would your dream day at Disney World Resort look like? Do you want to ride the “mountains” — Space, Splash and Big Thunder — over and over again at the Magic Kingdom? Experience time in the wild at the Animal Kingdom Theme Park? Or have a prime viewing spot for one of Disney’s fabulous parades or shows? By Jami Farkas Explore: Your Biggest Money Etiquette Questions Answered Find Out Why: This Credit Score Mistake Could Be Costing Millions of Americans...

Next time you’re running errands, you can cross off going to the ATM if you are already heading to CVS — you can get up to $35 cash back from the register during your transaction at CVS. By Diane Fogle Getting Cash Back Advantages and Limits Types of Cash Back See: How To Get Free Gift Cards From Your Everyday Purchases Steps To Get Cash Back at CVS Getting cash back at CVS is easy....

Although it may be more convenient to ask for a loan from a family member than to pay a visit to the bank, be aware that mixing money and relationships can sometimes have dire consequences. By Gabrielle Olya Explore: Your Biggest Money Etiquette Questions Answered See: How To Tactfully Decline Splitting the Bill When Your Fellow Diners Ordered More “My advice would be to avoid this altogether,” said Joe Allaria, CFP, partner at CarsonAllaria Wealth Management....

As grocery prices skyrocket, some consumers are turning to options beyond supermarkets to feed their families on a budget. One of the more attractive bargain options for shoppers are salvage grocery stores. By Selena Fragassi Learn: Major Food Stamps Change Means More Grocery Options for SNAP Users EverywhereAvoid: Costly Mistakes People Make While Grocery Shopping Also known as outlet or discount food stores, salvage grocery stores take in “unsellable” inventory from a grocery reclamation center, a place that has a supply of consumables that may not be as attractive as the items on traditional grocery store shelves....

Happy Friday — and National Go With Your Gut Day! Take a moment to listen to your gut feeling today and trust it to guide you into your weekend plans. (Did it tell you to get in some rest and relaxation? We fully support this decision.) Read up on today’s top financial stories and enjoy the weekend. By Heather Taylor The Big Lead: Stimulus Payments Coming to These States in September 2022 Who can look forward to a surprise tax refund?...

The Consumer Protection Division of the Maryland attorney general’s (AG) office is warning consumers about home warranty scam letters addressed to homeowners. The division emphasized that these letters appear very official. By Yaёl Bizouati-Kennedy See: Watch Out for These 3 Social Security Scams & How To Protect YourselfHoliday Scams: 9 Concerns About Consumer Safety at Least a Quarter of Americans Don’t Know Indeed, according to the alert, the letters include “a document that resembles a check, with the words ‘renewal fee voucher,’ as well as a photo of the homeowner’s home on the return envelope....

With rising inflation, 2023 will bring some relief in the form of higher Social Security benefits and Social Security Income (SSI) payments. But how much can you expect to get? By Dawn Allcot CPI: September’s Consumer Price Index Shows Inflation Higher Than Expected After Fed Rate HikesSocial Security: 2023 COLA to Rise 8.7% for its Biggest Gain in Four Decades The Social Security Administration predicts that, on average, Americans will see an additional $140 per month or more beginning in January....