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Retirees- Meet April 1 Deadline To Dodge 25% IRS Penalty On RMDs

March 31, 2025 by Ashely

As 2025 progresses, retirees who turned 73 in 2024 face a critical deadline: April 1, 2025. This date marks the last day to initiate Required Minimum Distributions (RMDs) from certain retirement accounts without incurring substantial penalties. Understanding Required Minimum Distributions (RMDs) RMDs are mandatory annual withdrawals from tax-deferred retirement accounts, ensuring that these funds are eventually … Read more

SSDI Recipients Could Get $4,018 On April 3 – Find Out Now!

March 30, 2025 by Kylie

If you receive Social Security Disability Insurance (SSDI), you could be in for a substantial payment this April. Thanks to the recent Cost-of-Living Adjustment (COLA) increase for 2025, some beneficiaries may receive up to $4,018 in their monthly payment. But not everyone qualifies for this maximum amount—and not everyone gets paid on the same day. Let’s break down who qualifies, … Read more

IRS Free File- File Taxes Online For Free Before April 15 Deadline

March 30, 2025 by Ashely

As the April 15, 2025, tax filing deadline approaches, the Internal Revenue Service (IRS) emphasizes the importance of timely filing to avoid penalties and interest. To assist taxpayers, the Internal Revenue Service offers Free File—a suite of online tools enabling free federal tax preparation and filing. Key Features of IRS Free File IRS Free File … Read more

SSA Compassionate Allowance- How To Qualify For Faster Benefits!

March 30, 2025 by Kylie

Facing a severe medical condition is challenging, and the added stress of waiting for disability benefits can be overwhelming. The Social Security Administration’s (SSA) Compassionate Allowances (CAL) program aims to expedite the disability determination process for individuals with the most severe disabilities. This initiative ensures that those with clearly disabling conditions receive timely financial support. Understanding Compassionate … Read more

$2,250 IRS Tax Refunds Rolling Out To More Americans- Full Schedule And Payment Timeline Explained

March 29, 2025 by Ashely

As of March 2025, thousands of American households are beginning to receive their $2,250 tax refunds, thanks to the Internal Revenue Service (IRS) ramping up the processing and distribution of pending returns. Many taxpayers who submitted their returns in February and early March are now seeing direct deposits hit their accounts, providing much-needed financial relief. … Read more

U.S. Government To Issue $715 SSI Direct Deposits In April 2025- Full Payment Schedule And Eligibility Explained

March 28, 2025 by Ashely

Millions of Americans receiving Supplemental Security Income (SSI) are set to receive their next direct deposit in early April 2025. The average Supplemental Security Income payment currently stands at $715, though individual payments may vary significantly based on eligibility criteria and additional income sources. This article outlines the latest information regarding payment amounts, deposit dates, eligibility … Read more

Michigan Tax Refunds From 2021 Still Unclaimed – Are You Missing Out On Your Money?

March 28, 2025 by Kylie

Thousands of Michigan residents could be leaving money on the table without even knowing it. If you didn’t file a tax return for the 2021 tax year, you may still be eligible to claim a federal refund — but time is running out. The final deadline to submit your return is April 15, 2025. After that, any unclaimed refunds will be … Read more

Social Security Payments Up To $1,000 Coming April 1, 2025- Eligibility, SSI Schedule, And Payment Breakdown

March 27, 2025 by Ashely

The Social Security Administration (SSA) is scheduled to distribute Supplemental Security Income (SSI) payments on Tuesday, April 1, 2025. These payments are designed to assist individuals with limited income and resources who are aged 65 or older, blind, or disabled. Understanding the eligibility criteria, payment amounts, and upcoming payment schedules is crucial for beneficiaries to … Read more