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SSI Rule Change Removes Food Relief from Income Calculations, Boosts Financial Support for Millions

Chicago, Illinois – The Social Security Administration (SSA) has recently announced new regulations for Supplemental Security Income (SSI) that will impact millions of beneficiaries across the country. This significant change aims to improve the financial support for individuals receiving SSI benefits. Under the new regulations, relief in the form of food, categorized as support and maintenance in kind (ISM), will no longer be considered in the eligibility calculations for beneficiaries. Currently, relief for food and …

Fee Cap Lifted by Social Security Administration to Improve Claimants’ Legal Support and Backpay Chances

Brownsville, Texas – The Social Security Administration is set to increase the fee cap for attorneys representing claimants seeking past due benefits, potentially impacting the cost of legal support for applicants. These fee adjustments are expected to enhance the quality of legal assistance available to claimants, improving their chances of receiving positive outcomes when pursuing backpay and owed monies. With the fee cap set to rise from $7,200 to $9,200, effective this fall, claimants may …

Activist Investors Nelson Peltz and Jay Rasulo Win Support from CalPERS for Disney Board Shake-Up

Los Angeles, California – The California Public Employees Retirement System (CalPERS) has made a significant decision to influence the makeup of the Disney board. The pension fund, managing over $465 billion in assets, has backed the election of activist investors Nelson Peltz and Jay Rasulo. This move comes after a prolonged battle between Peltz, Rasulo, and CEO Bob Iger, as well as the existing board of directors. CalPERS, a major shareholder with approximately 6.6 million …

Catherine’s Cancer Diagnosis: Prince and Princess Thank Public for Support Amid Privacy Requests

London, England – The Prince and Princess of Wales express gratitude for the overwhelming support received after Princess Catherine’s cancer diagnosis, as stated by a spokesperson from Kensington Palace. The couple appreciates the public’s understanding of their need for privacy during this challenging time. In a video message released on Friday, Princess Catherine shared that she has started treatment after tests following abdominal surgery revealed the presence of cancer. The royal couple is moved by …

Planning For Retirement? Don’t Overlook These Five Factors

Forecasting expenses in the distant future, particularly over several decades, poses a notable challenge. As funds are funneled into IRAs or 401(k)s, the prevailing belief often leans toward a hopeful outlook that steadfast financial contributions will pave the way for a comfortable retirement. However, there are certain underestimated variables in the calculation of retirement expenses. Understanding these five factors could aid in cultivating a more accurate and pragmatic retirement budget. Taxes In addition to seeking …

Medicare Bill Passes House with Bipartisan Support, Saving Billions in Costs

Washington D.C., USA – In a rare display of bipartisan cooperation, the Republican-led House of Representatives passed the Lower Costs, More Transparency Act in December, marking a significant step towards addressing the looming issues in Medicare reimbursements. The bill, which aims to level the playing field between hospitals and doctors’ offices for certain treatments, could potentially save over $3.7 billion in the next decade, benefiting both beneficiaries and the healthcare system as a whole. Under …

Entitlement Programs Under Scrutiny: Trump Signals Support for Cuts to Social Security and Medicare

Atlanta, Georgia – Former President Donald Trump’s recent comments on the possibility of making cuts to Social Security and Medicare have sparked controversy and raised concerns among Americans about the future of these vital entitlement programs. In a recent interview with CNBC, Trump suggested that there were “tremendous amounts of things” that could be done in terms of cutting entitlements to address the national debt, marking a shift from his previous stance on protecting these …

Pension Funds Urged to Boost Canadian Investments to Support TSX Future

Toronto, Canada – A veteran wealth management executive in Canada is urging the country’s largest pension plans to increase their domestic investments to protect institutions like the Toronto Stock Exchange. Peter Letko of Letko Brosseau highlighted the impact of low investment levels from Canadian pension funds on the nation’s economic and financial health in a recent interview. Letko emphasized the importance of controlling and directing capital to benefit Canadians as a whole to prevent the …

Biden Urges House Support for $60B Aid Package to Ukraine in Fight Against Russia

WASHINGTON (AP) — As the conflict between Ukraine and Russia escalates, President Joe Biden urgently called for House Republicans to support legislation that would provide $60 billion in aid to Ukraine. This aid package comes after the Senate passed a $95.3 billion package for Ukraine, Israel, and Taiwan, despite internal political divisions within the Republican Party over the United States’ involvement abroad. Biden emphasized the importance of standing up to Russian President Vladimir Putin and …

“Charles Thanks Public for Support After Cancer Diagnosis” – Royal’s Gratitude Amid Health Struggle

LONDON, ENGLAND – Following the recent announcement of King Charles’s cancer diagnosis, the public has shown an outpouring of support for the royal family. In a heartfelt statement, King Charles expressed his gratitude for the many messages of well-wishes and encouragement he has received. The news of his diagnosis has prompted an emotional response from supporters worldwide, with many expressing their concern and offering words of support. Prince William, who is still coming to terms …