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When Social Security Runs Out: What the Program Will Look Like in 2035
The future of Social Security remains uncertain, forcing people to ask questions like, "Will Social Security run out?" According to the 2021 annual report from the Social Security board of trustees,…
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Why Doesn’t Every Grocery Store Accept SNAP EBT Food Stamps?
The federal government's Supplemental Nutrition Assistance Program, or SNAP, formerly called "food stamps," helps families to afford fresh, healthy food and ingredients to prepare meals at home. The…
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The Best and Worst Days of the Week To Buy Gas May Surprise You
Gas prices have declined for the ninth straight week, but filling up at the pumps will still set you back a hefty sum. When it comes to steep gas prices, it pays to know where and when to fill up….
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Social Security: How To Request Retroactive Payments If You Started Collecting After Your Full Retirement Age
If you decided to wait until full retirement age to begin collecting Social Security, you can request retroactive payments that are typically delivered via a one-time, lump-sum payment when you file…
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7 Places Giving Away Land or Money To Move There
If you've joined the remote-work revolution, you might have the opportunity to move wherever you want for the first time in your career. If you're looking for a change of pace in a brand-new place,…
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Social Security: 3 Reasons Why Record COLA Increase in 2023 Could Backfire on Seniors
The Social Security Administration recalculates Social Security benefits annually to keep pace with inflation. The cost of living allowance is based on the Consumer Price Index for all Urban Wage…
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What is SNAP & Is it The Same as Food Stamps?
SNAP, the Supplemental Nutrition Assistance Program, is a government program spearheaded by the Food and Nutrition Services branch of the U.S. Department of Agriculture. The program provides benefits,…
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Will Food Stamps Increase Because of Inflation?
Even in a year when prices for just about everything are skyrocketing, the surging price of food stands out. In June, the federal government's food-at-home index — meaning food you buy at a grocery…
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Student Debt: Education Dept. Cancels $3.9 Billion — Is Your Loan Included?
The U.S. Department of Education has wiped another large batch of student loans off the books, announcing Tuesday that it will discharge all remaining federal student loans that borrowers received to…
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Early Retirement Hack: A New IRS Rule Lets You Withdraw More From Your Retirement Accounts Without Penalty
The IRS recently made changes to the amount of money that can be withdrawn each year from retirement accounts before age 59 1/2. As with the increase in overall inflation, the reasonable interest rate…
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SNAP 2022: Is My State Extending Emergency Allotment Money for August?
Emergency allotments were authorized under the Families First Coronavirus Response Act to help address temporary food needs of SNAP households during the pandemic. According to the U.S. Department of…
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You Could Save Nearly $3,000 as FDA Approves Over-the-Counter Hearing Aids
Can you hear that? It's the sound of less expensive, over-the-counter hearing aids being approved by the FDA. See: What Is the Average Social Security Benefit at Age 62?Find: 8 Purchases Retirees…
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Back Taxes: Is an IRS Offer in Compromise a Good Idea Before Interest Rates Hit 6% in October?
The IRS's announcement that it will raise interest rates on underpayment and overpayment of income taxes means millions of Americans will face yet another cost increase in a year of historic…
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How Much is Former GOP House Member Liz Cheney Worth?
Liz Cheney, 56, is a lawyer, politician, political analyst and author who served as the Republican representative from Wyoming since she was elected in 2016. On Tuesday, Aug. 16, she conceded the…
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National Thrift Shop Day: 10 Tips For A Successful Haul
It seems like it's always national "something" day, and Aug. 17 is no exception — it's National Thrift Shop Day! It's an occasion for penny-pinchers, collectors and fashionistas to celebrate their…
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Could $3,600 Child Tax Credit Return? Here’s What Bernie Sanders Is Proposing
Sen. Bernie Sanders seems doggedly persistent in terms of re-introducing a federal child tax credit as of late, pushing for such on the heels of sweeping economic legislation in the form of President…
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Social Security: How Inflation Impacts Paycheck Withholding
If you wonder how inflation affects the amount of Social Security taxes withheld from your paycheck, you can start by knowing this: Your tax obligation pretty much always goes up, regardless of the…
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5 Side Gigs You and Your Family Will Love To Do Together
Cutting expenses to save money isn't always feasible, and working a second job or side gig may take up too much of your time. However, there could be a perfect solution to addressing your finances…
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Social Security: New Bill Could Give Seniors an Extra $2,400 a Year
Social Security recipients could get an additional $2,400 a year in benefits if a new bill recently introduced to Congress wins approval — something seniors would no doubt welcome as surging…
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Inflation Reduction Act: What Savings Are Instant Rebates vs. Tax Credits
With President Joe Biden signing the Inflation Reduction Act into law on Aug. 16, it marks one of the biggest spending packages in American history at $750 billion, per CNN. In total, $430 billion…
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Realtor.com’s 10 ‘Hottest ZIP Codes of 2022’ Highlight Where Homes Sell Fastest and Why
In a year marked with high mortgage rates and an increase in housing supply, home prices continue to rise. According to Realtor.com, the national median listing price for a single-family home was…
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GO in the Know: New Car Prices Break Records, SNAP Adds Payment Provider & Top Financial News for August 16
It's National Tell a Joke Day, but unfortunately all the jokes I know are about pizza and I don't think you'll like them — they're too cheesy. Anyway, here are today's top financial stories. The Big…
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Food Stamps: Instacart Expands SNAP EBT Payments to 10 More States — Is Yours One of Them?
Americans who receive Supplemental Nutrition Assistance Program benefits now have a lot more options to make online grocery purchases via Instacart. On Monday, the platform said SNAP electronic…
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Delivery Savings: Instacart Now Allows You To Order From Two Stores Without Paying Extra
Instacart has announced a new feature that allows users to add items to their grocery orders from multiple retailers without paying an extra fee. The company stated that the new feature — called…
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States Whose Economies Are Failing vs. States Whose Economies Are Thriving
The swiftness with which the coronavirus pandemic wiped out the U.S. economy in early 2020 was breathtaking. Seemingly overnight, the U.S. unemployment rate shot up to an all-time record of 14.7% in…
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Gen Z Jobs: The 3 Most Popular Gigs and Companies Zoomers Want to Work For
Say what you will about their obsession with TikTok and memes, but Gen Z hasn't necessarily had it easy. Years of their youth were overshadowed by the pandemic and now they're at the mercy of a…
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Secret Food Stamps Loophole to Get Your Starbucks Fix with EBT
Despite what you might have heard, it's not really true that there's a Starbucks on every street corner, but enough are around that you shouldn't have any problem finding one in most American cities….
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Major Food Stamps Change Means More Grocery Options for SNAP Users Everywhere
The addition of a new third-party payment provider to the Supplemental Nutrition Assistance Program should be good news for grocers that want to accept digital payments for purchases — and good news…
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12 New Social Security ‘Compassionate Allowances’ – Can You Get a Faster Pay-Out?
The Social Security Administration has added 12 new health conditions under its Compassionate Allowances program, meaning people with these conditions now have faster access to Social Security…
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5 Ways to Get Your Old Job Back if You Regret Your ‘Great Resignation’
During the pandemic, the new term "The Great Resignation" came into the cultural consciousness. It refers to the record amounts of people quitting their jobs over the past few years and still…
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New Car Prices Break Records: Average Monthly Payment Hits $733
Buying a new car continued to get more expensive in July thanks to rising sticker prices and interest rates, with the estimated typical monthly payment hitting a new record high of $733, according to…
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Current EV Tax Credits To End as Biden Signs Inflation Reduction Act — What Happens Now?
President Joe Biden's Inflation Reduction Act, due to be signed into law on August 16, will have a major impact on electric vehicle tax credits — including a restructuring of credits worth up to…
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Walmart Accepts EBT/SNAP Food Stamps As Payment — What Are the Restrictions?
Walmart accepts EBT card purchases at all locations that sell food and grocery items. Your EBT card can be used the same way you would use your debit card, and EBT cardholders in 48 states can also…
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Social Security’s 87th Birthday: 6 Things You May Not Know About the Program’s History
On Sunday, August 14, Social Security turned 87 years old. The U.S. government first instituted the program on the same date in 1935 to eventually offer retirement, disability and survivor benefits to…
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Here’s What To Do During a Crypto Crash in 2022
Despite the hot weather, the country is still deep in the icy clutches of the ongoing crypto winter. A market long dominated by speculators trying to make a fast buck, cryptocurrency has never been a…
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School Supply Donations Are Tax Deductible: Where To Donate and What To Give
Buying school supplies is a fun rite of summer for most American families, but for others, it's just another money stress. That's especially true now amid the highest inflation rate in more than four…
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How Much Is Carvana Worth?
Carvana is a Wall Street darling and has grown tremendously over the past few years. Learn about Carvana's current value and future outlook before investing.
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Stimulus Checks: Is Your State Giving Out Cash This Fall?
There have been three rounds of stimulus checks issued since the onset of the pandemic, but another round is sorely needed by many. States are rising to the occasion, however, not every state is…
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GO in the Know: Cost of Buying a Home Soars & Top Financial News for August 15
Today is a classic case of good news, bad news. First, the bad news — it's Monday. But now, the good news — it's National Relaxation Day. So take a load off and catch up on today's top financial…
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EV Curiosity: How to Rent an Electric Car
Good news for U.S. motorists — the national average price for regular gasoline has finally dipped below $4 a gallon after months of record-setting cost levels. See: 5 Things To Always Buy at…
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Switching Jobs Has Increased Salaries at Record Rates
"Should I stay or should I go?" If you've been asking yourself that question about your current job, the answer might be to jump ship now — at least, if you want to earn more money. Explore: 9 Remote…
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New York Allocates $44.4 Million Stimulus Money For Nutrition & Back to School Aid
The state of New York hasn't shied away from opening its coffers to help its needy citizens this year, as Gov. Kathy Hochul has announced the release of a further $44.4 million in federal pandemic…
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Energy Secretary Says Gas Prices Will Continue to Fall — Unless This Happens
The nation's top energy official has some cheery news for American motorists — your gas prices should continue to fall in the coming months, and possibly hit their lowest point since last winter….
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7 Easy Ways To Save On Groceries, Gas & More Amid Continued Inflation
After a whirlwind year that has seen inflation skyrocket, rates may finally be cooling down. The latest Consumer Price Index (CPI) shows the cost of various goods and services increased 8.5% in July…
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Rental Scams Are on The Rise As Cost of Living Continues to Skyrocket — Here’s What to Watch For
If you're on the hunt for a rental home these days, beware of deals that seem too good to be true — because they probably are. The Better Business Bureau's Scam Tracker found that more than 2,400…
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Porsche is Auctioning a Working Replica of Sally Carrera From Pixar’s ‘Cars’ – Here’s How You Can Own It
To celebrate the 20th anniversary of the 2002 911 Carrera, Pixar Animation Studios, Porsche Cars North America and Style Porsche in Weissach (Porsche's design and development center in Germany) have…
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Are Social Security and SSI the Same Thing?
Social Security benefits replace a portion of your lifetime earnings when you retire, develop a qualifying disability or go to your spouse, children or survivors after you die. Unlike Social Security…
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What Is the Average Social Security Benefit at Age 62?
Your retirement benefit amount depends on how much you've earned over your lifetime at jobs for which you paid Social Security taxes — and the age at which you claim. You can claim Social Security…
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SNAP Schedule: When Can I Anticipate August 2022 Payments?
The Supplemental Nutrition Assistance Program, formerly known as food stamps, is a federal program that provides food-purchasing assistance for low- and no-income households. While the U.S. Department…
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Younger Generations More Likely To Share Salary Info — Why This Is Welcome Trend for Equal Pay
There has been an increasing push for pay transparency recently, notably to reduce gender pay inequality in the workplace. However, a new GOBankingRates survey found that not everyone is comfortable…
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5 Ways the Inflation Reduction Act Falls Short for American Families
The House signed the Inflation Reduction Act of 2022 into law on Friday. The extensive bill is targeted at fighting climate change, slashing the national deficit and lowering the price of prescription…
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Social Security: 5 Uncomfortable Questions Every Woman Needs Answered
Women tend to live longer than men, on average, according to the Social Security Administration. Yet, they earn less than men over their lifetime. That leads to women receiving 81% of the amount men…
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Houses Cost More in June Than Any Time in the Past Three Decades
It seems U.S. prices in 2022 can't avoid comparisons to the 1980s. Overall inflation is running at its highest level since 1981, and the cost of buying a home has reached its highest point since 1989,…
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Social Security Schedule: When August 2022 Benefits Will Be Sent
Social Security checks are scheduled to go out in early August. Rising inflation has pushed the Social Security cost-of-living increase to 5.9% for 2022, the largest in nearly 40 years, and it's…
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Inflation Reduction Act Offers Home Tax Credits, Rebates to Upgrade Electric and Solar Infrastructure
Although it is called the Inflation Reduction Act (IRA), for many homeowners the opportunity to save money — by making their home more energy-efficient — trumps a gradual easing of inflation 10…
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Gas Prices Could Soon Dip Below $3 in These States — Is Yours One?
As summer winds down, gas prices are slowly starting to fall despite an economy in turmoil. See: 22 Side Gigs That Can Make You Richer Than a Full-Time JobFind: 7 Surprisingly Easy Ways To Reach Your…
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23 Lottery Winners Who Lost Millions
Most people dream about winning the Mega Millions or Powerball; but they should be careful what they wish for. See these 23 people who blew their winnings.
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What Is the Highest Income for Food Stamps in 2022?
Americans who apply for federal Supplementary Nutrition Assistance Program benefits are required to meet an extended set of eligibility criteria to qualify, and one of those has to do with income….
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2023 Social Security COLA Estimate Dips Slightly After April CPI Report but Still Sees Highest Adjustment in 41 Years
A slight deceleration in the U.S. inflation rate in April led one senior citizens advocacy group to lower its 2023 cost-of-living adjustment estimate for Social Security recipients, though it's still…
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7 Undervalued Stocks for 2022
Value investors may be looking at a good year in 2022. With the Federal Reserve implementing a series of rate hikes meant to tame rising inflation, the stock market is anticipating a choppy year, at…
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Shiba Inu (SHIB): What It Is, What It’s Worth and Should You Be Investing?
Shiba inu might have seen a faltering in its price recently, but it has managed to attract investors. Discover if shiba inu crypto is worth the investment.
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How Much Does a Person on Social Security Make?
When you retire and start collecting Social Security benefits, the amount of monthly income you get from the program depends on a number of factors, from the amount of money you earned during your…
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Keywords in Job Ads Could Translate to Older Workers Need Not Apply
Ageism in the workplace is becoming a hot topic lately — especially as more and more Americans are choosing to work longer, as GOBankingRates previously reported. This choice is often made out of…
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College Students: Get $2,500 Back With This Tax Tip
While America collectively holds its breath to see if President Joe Biden will extend student loan forbearances past the approaching August 31 deadline, the IRS is reminding college students (and…
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Anne Heche Dies at 53: How Much Was the Actress Worth?
Anne Heche, 53, was an American actress, producer, writer and director involved in a devastating car accident on Aug. 5. It was reported by The Daily Mail on Aug. 12 that she had succumbed to her…
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Gen Z’s 5 Biggest Money Mistakes and What Experts Say You Can Do to Fix Them
Every generation has their own way of doing things, broadly speaking. When it comes to money, Gen Z's financial habits have been quite different from those exhibited by baby boomers in the past. See:…
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4 Must-Have Government Apps to Get Assistance From When Facing a State of Emergency
During a state of emergency — a situation which allows a government to assume exceptional powers and create policies for the safety and protection of its citizens — having access to information,…
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Identity Theft: How to Keep Your Social Security Number Safe From Fraud
Your Social Security number (SSN) is one of the most important pieces of personal information you have. Not only does your unique nine-digit number enable you to receive benefits from the Social…
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Don’t Qualify for SNAP? The Commodity Supplemental Food Program Could Help Seniors Get Food
The American Rescue Plan provided an additional $37 million to boost a program for elderly citizens who might need extra help with groceries and food each month. See: SNAP Benefits Available in Your…
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Walmart May Have the Key to Surpassing Amazon Prime — Here’s How
Walmart is looking to add a streaming service to its Walmart+ membership program. Sources told The New York Times that in a meeting with major media companies — including Paramount (Paramount+),…
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Which Grocery Stores Accept SNAP EBT for Online Orders?
Americans who qualify for Supplemental Nutrition Assistance Program benefits have no shortage of food stores to choose from. Most major grocery chains accept SNAP payments using an electronic benefits…
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GO in the Know: Social Security Card Name Change Info & Top Financial News for August 12
It's Friday and National Vinyl Record Day. Sounds good to us! Before you jam out this weekend, make time to get caught up on today's top financial stories. The Big Lead: Can I Change My Name on My…
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Social Security COLA Expectations for 2023 Reach 9.6% Following Latest Consumer Price Index Report
Inflation started to cool down in July, but a non-profit advocacy group still said that it anticipates the highest Social Security cost-of living-adjustment (COLA) since 1981. See: Consumer Price…
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SNAP Benefits: Amazon Offers a Discount on Prime Membership With Your EBT Card
Even after raising its annual regular price for Amazon Prime service by $20, Amazon offers ways for certain customers to save money. Shoppers who are recipients of SNAP and SNAP EBT Cash benefits (or…
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Social Security: Do I Still Need to Make Contributions if I Work Overseas?
American citizens who live overseas and start missing the good old USA can always count on one thing to keep them in touch with their homeland: the taxes they owe to Uncle Sam — including Social…
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Can a Retired Person on Social Security Get a Mortgage?
Every person takes a different life path. You hear of older or retired individuals getting married or enrolling in college all the time. Age doesn't preclude enjoying the perks of home ownership,…
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35% of Adult Children Worry Their Parents Will Become a Financial Burden
It is common for adult children to care for their parents as they grow old, but must that include financial assistance? A number of Americans fear that it may — and that they won't be able to cover…
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Can I Change My Name on My Social Security Card Online?
Originally intended to track Social Security contributions, your nine-digit Social Security number now is used for a wide variety of purposes. See: Social Security Updates To Know for August 2022Find:…
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What is Britney Spears’ Net Worth?
Despite her recent familial troubles, not all pop singers can boast a fortune quite like Britney Spears. Thanks to an estimated 90 million albums sold worldwide, more than 4.8 million tour tickets…
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Financial Literacy Goals: These High Schoolers Aim To Teach Their Peers Better Money Habits
A kid's brain is like a sponge soaking up information, which makes childhood an ample timeframe to learn about many topics — including money. It's especially important since teaching good financial…
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How to Set Up an Income-Based Membership at the YMCA Using Your SNAP EBT Card
As a non-profit organization, the YMCA offers fitness facilities, a pool, classes, and even inexpensive summer day camps for kids at certain locations. YMCA membership is also relatively affordable…
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Social Security: Certain Life Changes Can Qualify You for Higher Benefits — What Are They?
Life, as everyone knows, is full of changes that occur with regularity from infancy through the senior years. When you reach retirement age, it's important to know how certain life changes can affect…
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EV Tax Credit in Inflation Reduction Act Very Limiting: ‘Most Vehicles Immediately Ineligible’
Is the Inflation Reduction Act a runaway win for electric cars? Not so fast — some experts aren't convinced the legislation will do much for current EV makes and prospective owners. Not to mention…
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How Cruise Lines Can Win Back Vacationers and Boost Bookings as COVID Declines
The pandemic decimated the travel industry, but perhaps most significantly affected cruise lines, which were at the center of public attention concerning COVID-19 as it emerged in the U.S. Thousands…
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Polygon (MATIC) Price Prediction 2022
Polygon (MATIC) is different from many other cryptocurrencies on the market. Rather than running on its own blockchain, matic tokens are traded on the Ethereum blockchain.
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SNAP Benefits: Can You Use EBT Card/Food Stamps To Purchase Hot Food?
SNAP gives eligible low-income households extra food-purchasing assistance to supplement food budgets. Funded by the U.S. Department of Agriculture and administered at the state level, SNAP benefits…
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GO in the Know: Disney+ Price Hike, SNAP Scam Alert & Top Financial News for August 11
Another day, another roundup of today's top financial stories. Go ahead — learn a little. The Big Lead: Disney+ and Hulu Will Be More Expensive This Fall Inflation is also hitting streaming services,…
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Claim Social Security Too Early? There Are Still Ways to Increase Your Income
Americans can claim Social Security retirement benefits as early as age 62, but that's not always the best option. The longer you wait to collect, the higher your Social Security payment when you do…
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How Much is Paul Manafort Worth?
Paul Manafort, 73, is a disgraced American attorney, lobbyist, Republican strategist and former campaign manager for former President Donald Trump. He is also a convicted felon, who was found…
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Tax Fears: Will Inflation Reduction Act Impact Who Is More Likely To Be Audited?
If the Inflation Reduction Act passes through the House and gets sent to President Biden to sign on Friday, many questions about the Act's vaguely termed IRS Tax Enforcement provision will still…
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Back-To-School Tax Credits: Which States Offer Them and What They Entail
As CNBC Select reports, according to the National Retail Federation, American families will spend $36.9 billion on back-to-school expenses for K-12 students this year. That amount rises to $73.9…
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Garth Brooks, Taylor Swift and the Richest Country Star From Each State
Nashville, Tennessee, is known as Music City, and it's the country music capital of the United States. Aspiring stars flock to Nashville, hoping to get their break in a city that the local chamber of…
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Missouri Flood Victims’ Tax Filing Deadline Pushed to November 15
The Internal Revenue Service (IRS) announced that storm and flooding victims in parts of Missouri now have until November 15 to file individual and business tax returns and make tax payments….
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SNAP Benefit Scam: Connecticut Residents Warned of Uptick in Skimming Theft
Connecticut's Department of Social Services is warning SNAP and Cash EBT recipients to be cautious of skimming scams. According to the DSS, skimming scams are attempting to obtain credit, debit or EBT…
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Disney+ and Hulu Will Be More Expensive This Fall
Inflation is also hitting streaming services, so get ready to pay more for your Disney+ subscription. The company announced it would be increasing its pricing and introducing an ad-supported…
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10 Frequently Asked Social Security Questions Worth Revisiting
Along with private pensions and savings/investments, Social Security benefits are one leg of the three-legged stool of retirement planning. Social Security: 7 Must-Know Facts for 2022Social…
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Social Security COLA Increases Could Cost Seniors Money — Here’s How
This year's soaring inflation rate likely means that the 2023 cost-of-living adjustment (COLA) for Social Security beneficiaries will be the highest in decades, with one seniors advocacy group…
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What Proof Do I Need to Change My Name on My Social Security Card?
If you legally change your name because you got married, divorced, through court order or any other reason, you will need to notify Social Security so you can receive a corrected card. Learn:…
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How Can I Withdraw Money From My 529 College Savings Plan Without Penalty?
You don't need to be a parent to know that saving for a child's education is important (and getting more expensive every year). According to the College Board's "Trends in College Pricing 2021"…
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27 Best Cheap Stocks To Buy Now
When deciding which cheap stocks to buy, it's important to factor in their potential to grow. Here are 27 low-cost stocks to consider for your portfolio.
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