The Internal Revenue Service (IRS) imposes penalties on taxpayers who fail to file their federal income tax returns on time. For the 2025 tax year, if your return is more than 60 days late, the minimum failure-to-file penalty is $510 or 100% of the unpaid tax, whichever is less. Key Penalties for Late Filing and … Read more
Imagine discovering a coin in your pocket change worth nearly $1 million. This isn’t a fantasy—such a coin exists. A rare 1975 Roosevelt Dime without its mint mark has fetched up to $957,000 at auction, and remarkably, similar coins might still be circulating today. The Roosevelt Dime: A Brief History Introduced in 1946, the Roosevelt Dime honors President Franklin D. Roosevelt, acknowledging his … Read more
In response to the escalating cost of living, the Canadian government has announced a one-time, tax-free $300 federal payment aimed at providing financial relief to eligible Canadians. This initiative is part of a broader strategy to support low- and moderate-income individuals and families facing economic challenges in 2025. What Is the $300 Federal Relief Payment? … Read more
As Americans continue to battle rising living costs, a new proposal for a $2,500 stimulus check in 2025 is generating widespread interest. With inflation still burdening daily budgets, this potential direct payment could offer significant relief to millions. While not yet finalized, the plan is being discussed at both federal and state levels, with lawmakers aiming to support struggling families, … Read more
The Philippine government has confirmed the continuation of the ₱500 monthly allowance under the Social Pension Program for Indigent Senior Citizens (SPISC). This crucial initiative provides financial aid to some of the country’s most vulnerable populations: senior citizens who do not have regular income or pension support. Amid rising costs of living due to inflation, … Read more
As the Philippine government continues its commitment to support elderly citizens, June 2025 brings a host of new and improved benefits aimed at ensuring a more dignified and financially stable life for senior citizens. These benefits span financial assistance, healthcare, and milestone rewards — reinforcing the state’s responsibility to its aging population. Below are the five major benefits that Filipino senior … Read more
In May 2025, the Philippine Social Security System (SSS) implemented a significant pension increase of ₱2,210 per month for eligible retirees. This adjustment aims to help over 3.6 million pensioners cope with rising living costs and inflation. Key Details of the Pension Increase Aspect Details Effective Date May 2025 Monthly Increase ₱2,210 Beneficiaries Old-age, disability, … Read more
In response to the ongoing financial pressures faced by many Australians, the government has introduced a one-off $700 Cost-of-Living Payment in 2025. This initiative aims to provide immediate financial relief to eligible individuals and families grappling with increased expenses in essentials such as groceries, utilities, and housing. Key Details of the Payment Aspect Details Payment … Read more
Millions of senior citizens in the Philippines have a reason to celebrate. The Social Security System (SSS) has officially confirmed a pension increase for long-time members who began contributing in or before 1976. Set to take effect in May 2025, this adjustment is one of the most significant enhancements to retirement benefits in recent years. The 1976 SSS pension hike will directly … Read more
To ease the ongoing burden of rising living costs, the Australian Government has confirmed a $250 cost-of-living payment for eligible pensioners in May 2025. This one-off supplement is designed to provide timely relief to seniors and vulnerable Australians receiving government income support. This measure is part of the broader economic support strategy for low-income households as the nation … Read more