Thursday, December 26
Whooping Cough Cases Rise in Galveston County: A Public Health Concern
Local News

Whooping Cough Cases Rise in Galveston County: A Public Health Concern

Galveston County, Texas, is facing a concerning rise in whooping cough (pertussis) cases, with local health officials urging the community to be vigilant and take preventive measures. According to the Galveston County Health District (GCHD), there have been at least 11 reported cases of whooping cough this year, significantly higher than the typical annual count, which usually ranges from 1 to 3 cases. This spike has alarmed health authorities, prompting them to warn residents about the potential for further outbreaks. Whooping cough is a highly contagious respiratory disease caused by the bacterium Bordetella pertussis. It is characterized by severe coughing fits that can make it difficult for infants and young children to breathe, leading to serious complications. The GCHD emphasizes ...
Ceramic Coins Found in Kyoto: A Unique WWII Discovery
US News

Ceramic Coins Found in Kyoto: A Unique WWII Discovery

A recent discovery in Kyoto, Japan, has brought attention to a lesser-known aspect of World War II history: ceramic coins. These coins, found in a warehouse near an old mint in Higashiyama Ward, Kyoto, were not made of the typical metal materials associated with currency but instead of ceramic. This surprising find has captured the interest of historians, collectors, and numismatists alike. According to reports from the Japan Mint, more than 500,000 ceramic coins were uncovered. These coins were created during World War II, a period when Japan, like many other nations, faced a significant shortage of metals. In response to this scarcity, the government turned to alternative materials, and ceramic was one of the solutions they implemented for producing currency. While metal was prioritiz...
Target Announces Changes to Its Return Policy to Combat Fraud
US News

Target Announces Changes to Its Return Policy to Combat Fraud

Target, a leading retailer, has announced changes to its return policy aimed at addressing increasing instances of return fraud. The company has decided to tighten its rules on refunds and exchanges, especially for transactions suspected of fraudulent activity. New Return Policy Updates Target's new return policy still allows returns for unopened items within 90 days, but the retailer now reserves the right to deny refunds or exchanges if there is suspicion of fraud. This shift is in response to the significant financial losses retailers experience from fraudulent returns, which have collectively cost U.S. businesses over $100 billion last year. Fraudulent practices include returning stolen merchandise or swapping genuine items for counterfeits. These changes reflect an industry-w...
What to Expect for Social Security Benefits in 2025: A Closer Look at the COLA Increase
Social Security

What to Expect for Social Security Benefits in 2025: A Closer Look at the COLA Increase

As 2024 progresses, Social Security beneficiaries are looking forward to the announcement of the Cost-of-Living Adjustment (COLA) for 2025. Current projections indicate a modest increase of approximately 2.5%. This adjustment is crucial for retirees and those on disability, as it aims to counteract the rising cost of living driven by inflation. Understanding the COLA Calculation The COLA is determined by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which tracks changes in prices for essential goods and services. The increase will reflect the economic conditions from the previous year, with the final figure announced in October 2024. This year’s adjustment is expected to provide a significant financial boost, especially as inflation impacts various sec...
Rising Dependence on Government Assistance: A Growing Concern
Social Security

Rising Dependence on Government Assistance: A Growing Concern

A recent study by the Economic Innovation Group (EIG) highlights a troubling trend in the United States: over 53% of Americans now rely on government assistance for at least a quarter of their income. This dramatic rise from just 1% in 1970 underscores significant societal shifts, particularly concerning Social Security, Medicare, and other transfer income programs. Key Drivers of Dependency Three primary factors contribute to this increased dependence on government assistance: Aging Population: The proportion of Americans aged 65 and older has increased significantly, rising from one in ten in 1970 to one in six today. This demographic shift necessitates higher Social Security and Medicare payouts as more individuals enter retirement age and require additional healthcare service...
Social Security

Social Security Announces Two Major Changes for Retirees After COLA

The Social Security Administration (SSA) has implemented two significant changes that will impact retirees following the recent Cost-of-Living Adjustment (COLA). These updates are essential for retirees planning their finances amidst the evolving economic landscape. Changes to Earnings Test One of the primary changes involves adjustments to the earnings test. For retirees who choose to continue working while receiving Social Security benefits, the income limit has been increased. In 2025, the limit will rise to $24,960, allowing retirees to earn more without experiencing a reduction in benefits. This change is particularly beneficial for those looking to supplement their income as they transition into retirement. Increased Retirement Age Impact The second notable change concern...
Anticipated Increases in Payments for SSDI Recipients: What to Expect in 2025
Social Security

Anticipated Increases in Payments for SSDI Recipients: What to Expect in 2025

Each year, Social Security Disability Insurance (SSDI) recipients eagerly await the Cost-of-Living Adjustment (COLA) announcement, which is crucial for preserving their purchasing power amid rising costs. The 2023 COLA saw an impressive 8.7% increase due to significant inflation. As we look ahead, projections for 2025 suggest a more modest COLA increase of approximately 2.5%. Understanding the Impact of COLA While a 2.5% increase is lower than in previous years, it still equates to about $95 more per month for recipients currently receiving the maximum benefit of $3,822. This adjustment is essential for covering rising expenses, especially for individuals facing unique medical costs associated with their disabilities. Payment Calculations The COLA is based on the Consumer Price...
Key SSI and SNAP Payment Dates for November 2024
Social Security

Key SSI and SNAP Payment Dates for November 2024

For individuals reliant on Supplemental Security Income (SSI) and Supplemental Nutrition Assistance Program (SNAP) benefits, understanding payment schedules is crucial for effective financial planning. This November brings significant changes for SSI recipients, who will receive two payments—one for November and an early payment for December, arriving on November 29, 2024. This dual payment schedule can greatly assist with budgeting needs heading into the holiday season. November 1 SSI Payments The Social Security Administration (SSA) has confirmed that the primary SSI payment will be issued on November 1, 2024. On this date, many states will also disburse SNAP benefits, providing a timely boost for recipients. States that will send SNAP benefits alongside the SSI payment on November...
November’s Key Social Security Payment Dates for Retirees and SSDI Recipients
Social Security

November’s Key Social Security Payment Dates for Retirees and SSDI Recipients

As November arrives, millions of retirees and Social Security Disability Insurance (SSDI) beneficiaries are gearing up for their monthly payments, especially with the holiday season approaching. With Black Friday just around the corner on November 29, 2024, it's essential to understand the upcoming payment schedule and how it can help with holiday shopping. Important Payment Dates The Social Security Administration (SSA) has scheduled several key payment dates in November, providing ample opportunity for recipients to manage their finances ahead of Black Friday. Payments will be distributed as follows: November 1: Initial payments will be issued for those eligible. November 13: For recipients with birthdays between the 1st and 10th of the month. November 20: For those born ...
Social Security

How to Secure Over $4,873 in Social Security Payments by 2025

Planning for retirement can be challenging, especially when trying to maximize your Social Security benefits. For those seeking the highest possible payment in 2025, understanding the essential requirements is crucial. 1. Meet the Taxable Maximum Earnings To qualify for over $4,873 in Social Security payments, you must earn the taxable maximum for 35 years. As of 2024, this amount is approximately $168,600, and it's expected to rise with inflation. Achieving this level of income consistently can be a significant challenge for many workers. 2. Delay Benefits Until Age 70 Another important factor is when you apply for Social Security. To maximize your benefit, you should wait until you are 70 years old to file. Delaying your application can increase your monthly payment by about ...