Starting in March 2025, Social Security beneficiaries will see a rise in their monthly payments, thanks to the Social Security Fairness Act signed into law in January. This legislation addresses issues affecting more than 3 million retirees, especially those in the public sector, including teachers, firefighters, and certain federal employees. The changes will also result … Read more
The world of numismatics is filled with tales of rare coins that have fetched astronomical prices at auctions, captivating collectors and historians alike. While no coin has officially reached the $2 billion mark, several have achieved multimillion-dollar valuations due to their rarity, historical significance, and unique stories. Here are six such legendary coins that continue … Read more
The Kennedy Half-Dollar, first minted in 1964 to honor President John F. Kennedy, is a staple in American coinage. While many of these coins are common, certain rare editions have become highly valuable, fetching prices up to $150,000 at auctions. This article explores four of the rarest Kennedy Half-Dollar coins, providing insights on how to … Read more
The Social Security Fairness Act, signed into law by President Joe Biden on January 5, 2025, marks a significant shift in retirement benefits for many public sector employees. This legislation repeals the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), provisions that previously reduced Social Security benefits for those receiving certain public pensions. … Read more
Collecting coins is more than just a hobby; it can be a gateway to discovering hidden treasures. Some pennies, often overlooked in everyday transactions, possess extraordinary value due to unique characteristics and historical significance. Here are five rare pennies that have fetched remarkable prices at auctions, potentially turning a simple coin into a million-dollar asset. … Read more
As March 2025 approaches its end, recipients of Social Security Disability Insurance (SSDI) benefits anticipate their monthly payments. Understanding the precise payment schedule is crucial for effective financial planning. Additionally, it’s essential to be aware of circumstances under which the Internal Revenue Service (IRS) can garnish these benefits. SSDI Payment Schedule for March 2025 The … Read more
Social Security benefits serve as a crucial financial foundation for many retirees across the United States. However, the average monthly payment varies significantly from state to state. In South Dakota, these benefits are notably lower than in many other states. Average Social Security Payment in South Dakota As of December 2023, the average monthly Social … Read more
The Social Security Administration (SSA) is set to implement new identity verification procedures starting March 31, 2025, aimed at combating fraud within the system. These changes, however, may lead to delays or denials of benefits for millions of new retirees. Overview of the New Identity Verification Procedures The SSA’s updated measures will require individuals seeking … Read more
The Social Security Administration (SSA) is set to implement new measures aimed at combating fraud and ensuring the integrity of its services. These changes, effective from March 31, 2025, will primarily affect individuals applying for benefits for the first time and current beneficiaries seeking to update their banking information. Key Changes and Their Implications The … Read more
The 1976 Bicentennial Quarter, minted to commemorate the 200th anniversary of the United States, is a coin that many Americans have encountered. While most of these quarters are common, certain variations and errors can make them highly valuable to collectors. Understanding these nuances can help you determine if your pocket change holds more than just … Read more