Govind Madhav 
The US families haven’t received Child Tax Credit for two months. The government ended the program after issuing the six installments in December last year. The low and middle-income families face financial struggle again as they wrestle with the high prices. The Child Tax Credit payments offered a financial cushion to the families and helped … Read more
The average SSI amount has increased by $34 this year; the new amount is $621 per month. The Social Security beneficiaries will receive $7,452 per year. The maximum Supplemental Security Income (SSI) is $841 per month and $10,092 in a year. The eligible individuals, including disabled children and adults, will have income below the threshold … Read more
The White is about to issue a crypto executive order; this will change the market’s outlook. The present situation is not suitable for Bitcoin and other crypto coins; the digital currencies have witnessed a continuous price fall after reaching a record high in November last year. The US government is started to weigh in on … Read more
The recent rise in mortgage rates has affected the market badly. The 30-year fixed home loan has reached 3.92% this week. The figures have increased from 3.69% last week: the market has witnessed the highest rates in the previous three years. The inflation rise is the prime factor behind sky-high mortgage rates; the homebuyers are … Read more
The cessation of Child Tax Credit payments has had detrimental effects on individuals’ livelihood. The study shows that 3.7 million children have fallen back into poverty this year. The families haven’t received the Child Tax Credit for two months now; the credit expired in December last year. NPR reports that the child poverty rate in … Read more
There is some more good news this tax season. According to an online report by CNBC, certain US borrowers will get an extended reprieve. The report makes it clear that such borrowers have received a postponement or reprieve during this continued COVID-19 pandemic. All of this is made possible, according to the report, due to a pause … Read more
Thousands of artists in New York will receive $1,000 per month for creating artworks. The state will issue the monthly benefits under the Creative Rebuild New York; this scheme will allow the artists to showcase their attractive skills and earn decent profits. Yahoo Money reports that artists with financial needs will be eligible for this monthly … Read more
Many US parents raised their bar and launched a new business with the help of Child Tax Credit. The pandemic affected job loss among millions of parents; the government introduced CTC payments to provide fundamental monetary support to low-income families. Many struggling parents fought their financial struggle and used the relief benefits to materialize their … Read more
IRS released the tax refund figures till February 4; beneficiaries received refunds worth $9.5 billion. The average amount per individual was $2,201. IRS had processed more than 4.3 million payments till February 4. The last date for filing the returns is April 18. IRS will issue tax refunds based on the tax return information. Yahoo … Read more
The cryptocurrency investment is not the preferred option for around 68% of the fund selectors. The prime reason is the lack of transparency and significant security threats present in the network; the fund selectors advise customers about the investment schemes and help them find the best fit. CNBC reports that nearly 2 out 3 fund … Read more