Administration Archives - DR News - News, Retirement, Finance

SSI Beneficiaries to See Increase in Benefits with New Social Security Administration Rules

Washington, DC – The Social Security Administration is rolling out new rules to streamline the process for beneficiaries to access specific benefits and potentially increase the amount of payments they receive. These changes center around the Supplemental Security Income (SSI) program, which provides a lifeline for over 7 million Americans – primarily seniors over 65, disabled adults and children, and individuals who are blind with limited income and resources. Lydia Brown, the director of public …

Social Security Administration to Issue May Retirement Checks Soon: Here’s What You Need to Know

Denver, CO – Americans across the country are eagerly awaiting the arrival of their new retirement checks from the Social Security Administration. However, to receive these checks, individuals must ensure they meet specific criteria outlined by the administration. It is crucial for recipients to have their retirement benefits accepted by the Social Security Administration after May 1997. This requirement places individuals in a group that typically receives their payments on the second, third, or fourth …

Healthcare Access Expanded for 100,000 DACA Recipients Under New Biden Administration Rule

Washington, DC – The Biden administration is set to implement a new rule allowing approximately 100,000 uninsured individuals covered by the Deferred Action for Childhood Arrivals (DACA) program to enroll in state-run or private health insurance plans established under the Affordable Care Act. This initiative aims to provide access to health coverage for DACA recipients who currently do not have insurance through the Health Insurance Marketplace or state-based Basic Health Programs available in select states. …

Social Security Administration Announces 2024 Changes Impacting Every American

Austin, Texas – As tax season comes to a close, Americans are turning their attention to the recent changes announced by the Social Security Administration for 2024. These adjustments will impact both working individuals and retirees across the country. One significant change for 2024 is the increase in payments driven by the cost-of-living adjustment (COLA). Unlike the 8.7% increase seen in 2023 due to rising costs, the boost in 2024 will be less notable because …

Social Security Administration Announces Three Payment Opportunities in May: Are You Eligible?

Boston, MA – The Social Security Administration has announced a significant change in May payments, allowing beneficiaries to receive up to three different checks in the same month. This unexpected development has caught the attention of United States citizens who rely on these payments for their financial well-being. Typically, individuals receiving Social Security benefits expect to receive a retirement check and, at most, an extra Supplemental Security Income payment each month. However, the possibility of …

Dreamers Gain Access to Affordable Care Act Enrollment under Biden Administration Directive

WASHINGTON (AP) – The Biden administration is set to enroll about 100,000 immigrants brought to the U.S. as children in the Affordable Care Act’s health insurance next year, a move that showcases the administration’s commitment to providing support for these individuals. This directive, released on Friday, signifies a major step towards ensuring that these immigrants, commonly known as “Dreamers,” have access to essential healthcare coverage. President Joe Biden’s initiative, although delayed and falling short of …

Biden Administration Expands Health Insurance Access for DACA Recipients Ahead of Elections

Washington, DC – The Biden administration announced on Friday a new policy that will grant greater access to federally run health insurance for certain immigrants who were brought to the US illegally as children. This decision comes ahead of the November elections and aims to provide health care coverage to an estimated 100,000 participants in the Deferred Action for Childhood Arrivals (DACA) program. Established in 2012 under former President Barack Obama, DACA offers deportation relief …

Individual 401K Fee Comparison: Ascensus Administration Cost vs Competitor’s Quote

Los Angeles, California – In a world where quality service comes with a price tag, the importance of transparency in fee structures cannot be overstated. For individuals seeking to invest in their future through a 401K plan, understanding the costs involved is crucial in making informed decisions. One example of this is the Individual 401K administered by Ascensus via Pershing, which incurs an annual fee of $150. This figure contrasts starkly with the $20 originally …

Marijuana Rescheduling Plan Pushed by Biden Administration – Federal Health Department Confirms at 4:20

Marin County, California – In a remarkable turn of events, high school students in Marin County, California, initiated the popularization of the term “4:20” as code for smoking marijuana fifty years ago. Now, fast forward to present day, and the aged teetotaler President Joe Biden’s advisors suggest his familiarity with cannabis slang. Last year, at precisely 4:20 p.m., the Department of Health and Human Services made a significant announcement about rescheduling marijuana, sparking a wave …

Social Security Administration Budget Deadline Approaching: Will Shutdown Threat Impact Benefits?

WASHINGTON, D.C. — Congress faces a new deadline to pass spending bills to fund the government, including the Social Security Administration (SSA), by March 8. However, even if the budget deadline passes without action, Social Security recipients will continue to receive their monthly payments. In federal terms, Social Security benefits are considered “mandatory spending” with a dedicated, permanent funding source from payroll taxes. This means that the funding for these benefits is not affected by …