Finance News – Benefits
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NAB flags $130m hit from ‘payroll issues’, including wage underpayments
The banking institution disclosed a significant financial impact due to discrepancies in employee compensation and has initiated a comprehensive evaluation of payroll processes to...
Read Full Article →Three Common Social Security Myths in 2025: A Retirement Strategist Explains What You Need to Know
Understanding the realities of Social Security, including tax obligations and program stability, allows individuals to make informed financial decisions and better plan for a secur...
Read Full Article →These 9 company perks keep employees around longer
Offering a range of valuable benefits such as wellness programs and profit-sharing arrangements can improve employee retention, ultimately contributing to greater financial stabili...
Read Full Article →Social Security Planning Strategies and Challenges as It Hits Its 90th Year: A Financial Adviser's G...
As Social Security approaches its 90th anniversary, increasing life spans and demographic shifts emphasize the importance of carefully navigating its complexities to maximize retir...
Read Full Article →How Divorced Retirees Can Maximize Their Social Security Benefits: A Case Study
This case study illustrates how individuals who are divorced can increase their retirement income by understanding eligibility criteria and utilizing alternative benefit options li...
Read Full Article →2026 Social Security COLA: The Little Known Data Shift That Could Impact Millions of Retirees' Benef...
The recent modification in inflation measurement by the Bureau of Labor Statistics may influence the calculation of Social Security cost-of-living adjustments, potentially affectin...
Read Full Article →Benefits claimants take home more than minimum wage workers
Research from the Centre for Social Justice indicates that individuals receiving multiple sickness-related benefits may earn a higher total income than those working at minimum wag...
Read Full Article →Plans to help benefits recipients into work 'a mess', say DWP officials
Officials have expressed concerns that the current approach to supporting individuals impacted by benefits reductions into employment may lack sufficient planning, potentially affe...
Read Full Article →This ruthless pursuit of disabled people has damaged Labour – no matter what happens next | Frances...
The proposed reduction of financial support for disabled individuals has sparked significant internal opposition within Labour, highlighting potential long-term impacts on the part...
Read Full Article →Employee Stock Options: Understanding the Benefits and Risks
Employee stock options can offer potential financial gains to employees, but their actual value depends on factors such as vesting periods, administrative processes, and fluctuatio...
Read Full Article →Does Donald Trump Claim Social Security Benefits?
The examination of presidential Social Security claims since 1983 offers insight into how former leaders have accessed government-funded retirement income, highlighting the financi...
Read Full Article →Bitcoin Life Insurance Firm Meanwhile Shares First Audit
The recent audit of the Bermuda-based life insurance provider highlights its role in facilitating transactions and benefit payments using cryptocurrency, reflecting a growing integ...
Read Full Article →Rachel Reeves looks to spending review to shift focus from welfare cuts
The upcoming spending review aims to highlight increased funding for regional transport infrastructure as a key economic priority, potentially balancing previous reductions in soci...
Read Full Article →The Guardian view on Labour’s fiscal caution: rethink the offer. Or risk losing voters to a broken s...
Labour’s emphasis on fiscal restraint amid economic challenges may impact public support and market confidence, highlighting the risks of balancing investment priorities with addre...
Read Full Article →Starmer to say Reform’s spending plans would cause a Truss-style meltdown
The proposed tax and expenditure policies by Reform UK have raised concerns about potential economic instability and increased borrowing costs, which could negatively impact househ...
Read Full Article →Watch Labour’s flip-flopping on winter fuel and benefits, and you’ll see who’s really considered imp...
Recent government decisions regarding welfare support illustrate the balancing of budget priorities against public needs, reflecting ongoing debates about the allocation of funds t...
Read Full Article →What historic Medicaid, SNAP cuts in House Republican bill would mean for coverage
The proposed changes in the House Republican tax legislation could reduce funding for Medicaid and SNAP programs, potentially decreasing access to essential healthcare and food ass...
Read Full Article →Food stamps face 'biggest cut in the program's history' under GOP tax bill
The proposed tax legislation includes substantial reductions to the Supplemental Nutrition Assistance Program, potentially decreasing the amount of financial help available to elig...
Read Full Article →Is Your Social Security Earnings Record Wrong? Here's How to Fix It
Verifying the accuracy of your earnings history is essential to ensure your future Social Security payments reflect the correct amount and are not unintentionally decreased.
Read Full Article →The Average Social Security Claiming Age is Trending Higher
More individuals are postponing their Social Security benefits, which may lead to increased monthly payments and affect long-term financial planning for both recipients and the pro...
Read Full Article →Social Security cost-of-living adjustment for 2026 is projected to be lowest in recent years. Why th...
The expected modest increase in Social Security payments next year reflects slowing inflation rates, which could impact the overall income growth for recipients compared to previou...
Read Full Article →Social Security reduces benefit clawback from 100% to 50% for some; experts still warn of 'devastati...
The adjustment in withholding rates for certain Social Security recipients lessens the repayment burden, although specialists caution that financial challenges remain significant f...
Read Full Article →When buying Canadian, how about some more CPP benefits?
The proposal encourages Canadians to invest in domestic products, potentially increasing their CPP benefits while supporting local manufacturing, which is recognized globally for i...
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