Social Security

Australian Pension Funds Set To ‘Super Charge’ America With Billion-Dollar Infrastructure Investments

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Australian Pension Funds Set To 'Super Charge' America With Billion-Dollar Infrastructure Investments

Australia’s robust pension fund industry, managing assets worth approximately $2.6 trillion, is set to amplify its investments in the United States. This strategic move aims to enhance America’s infrastructure landscape while offering Australian funds lucrative opportunities in a stable and mature market.​ Current Investment Landscape As of 2025, Australian superannuation funds have allocated around $400 … Read more

Age Pension Set To Increase On 20 March 2025 – Here’s What Pensioners Need To Know

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Effective from 20 March 2025, Australia’s Age Pension payments will experience a modest increase. This adjustment is part of the biannual indexation process aimed at aligning pension rates with inflation and cost-of-living changes. ​ Updated Fortnightly Payment Rates The forthcoming adjustments will result in the following changes to fortnightly Age Pension payments: Recipient Category Current … Read more

New CRA Rules 2025- How OAS & CPP Reforms Will Elevate Canadian Retirement Income

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The Canadian government has introduced significant reforms for 2025 that affect both the Old Age Security (OAS) and the Canada Pension Plan (CPP). These New CRA Rules 2025: Implications For OAS/CPP Pension Benefits are designed to enhance the financial well-being of Canadian retirees by updating contribution rates, expanding pensionable earnings thresholds, and ensuring that benefits … Read more

Social Security Benefits Boost – Who Qualifies For Retroactive Payments?

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In a significant policy shift, the Social Security Fairness Act, signed into law by former President Joe Biden on January 5, 2025, has begun to positively impact millions of public service retirees. This legislation eliminates the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), which previously reduced Social Security benefits for individuals receiving … Read more

Social Security Update: Eligible Married Couples To Receive $2,909 This Week – Full Eligibility & Payment Dates

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The Social Security Administration (SSA) has recently confirmed that certain eligible married couples will receive an average total payment of $2,909 this week. This amount combines the retired worker’s benefit and the spousal benefit, offering critical financial relief to couples with lower earnings and limited savings. In this article, we break down the key details, … Read more

Early ACTC Refund 2025- Your Guide To The Earliest March Payment Date

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The Additional Child Tax Credit (ACTC) offers a vital tax benefit to families with qualifying children under 17. As part of the federal tax return process, the ACTC not only reduces tax bills dollar-for-dollar but can also result in a refund of up to $1,600 per qualifying child in 2025. With recent updates, taxpayers are … Read more

March Centrelink Overhaul- Payment Boosts, Compliance Reforms & Flexible Carer Work Rules Impact Millions

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A series of major changes to Centrelink services is set to affect millions of Australians starting in March. The upcoming reforms include increases to various income support payments, adjustments to JobSeeker compliance protocols, and significant changes to Carer Payment work requirements. These updates, driven by the latest indexation and policy modifications, are designed to provide … Read more

Upcoming $967 SSI Payments Scheduled For Friday, February 28

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In February 2025, the Social Security Administration (SSA) is set to distribute Supplemental Security Income (SSI) payments of up to $967 on Friday, February 28. This adjustment ensures beneficiaries receive their funds promptly, as March 1 falls on a Saturday. Understanding the February 28 SSI Payment SSI benefits are typically disbursed on the first of … Read more

$18.6 Million Centrelink Payment Change To Benefit Thousands Of Carers: ‘Greater Flexibility’

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In a significant move to support Australian carers, Services Australia has announced an $18.6 million enhancement to the Carer Payment, set to take effect on 20 March 2025. This initiative aims to provide carers with increased flexibility, enabling them to balance their caregiving responsibilities with employment or educational pursuits more effectively. Expanded Working and Studying … Read more

Centrelink Pension Increase March 2025- New Payment Rates, Eligibility & Full Details Revealed!

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The Australian government has announced a Centrelink pension increase effective from March 20, 2025, aiming to provide additional financial support to retirees and eligible citizens amidst rising living costs. This adjustment reflects the government’s commitment to maintaining the purchasing power of pensioners by aligning payments with economic indicators such as the Consumer Price Index (CPI) … Read more

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