Tag: welfare

U.S. jobless claims fall to new pandemic low of 340,000 despite delta surge

The numbers: The number of people applying for U.S. unemployment benefits at the end of August fell to a new pandemic low, suggesting the delta...

My uncle, 60, with dementia died after ‘negligence’ by his wife of 3 years. How do we stop her from defrauding the government?

We just lost my 60-year-old uncle to dementia. He struggled with drugs during his early years, and as a result, my mom raised his daughter....

Opinion: If Social Security falls into crisis, voters will have no one to blame but themselves

The trustees for the Social Security Trust Funds are expected to shortly release their delayed annual report on the stability of America’s core retirement program....

Opinion: How to put your child tax credit to work for the future

Around the same time parents are pondering back-to-school plans, many will be receiving their first expanded child tax credit payment. This tax credit represents part of...

SNAP benefits will increase to an all-time high — here’s how much more the average family will receive each month

The 42 million Americans who rely on government help to pay for food will see the biggest-ever increase in their benefits starting in October, but...

Happy birthday to Social Security — and many more

Take a moment this week to wish Social Security a happy 86th birthday. Its exact birthday is on Saturday, August 14. It was that day...

If your employer fires you because you won’t get the COVID vaccine, don’t expect to collect unemployment

Each day more employers are telling employees they need to be vaccinated against COVID-19 to work in person or risk being fired. On Thursday CNN...

I’m a 55-year-old single mom adopting a teenager. I have $550,000 in my retirement account, make $295,000 a year but would like to retire early. Can I?

I am a 55-year-old single woman with one 19-year-old child, and am a lawyer. My annual salary is $295,000. I own a home worth about...

How to get good help with claiming Social Security—when and how you claim can be the difference between a decent retirement and a terrible one

Choosing what age to start collecting Social Security retirement benefits and which type of benefit to claim shouldn’t be difficult. But boy, is it! “There...

The Child Tax Credit will boost spending at Walmart, Amazon, Wingstop and other consumer brands

Walmart, Target, Amazon, Wingstop and Nike are some of the names that will benefit when consumers start receiving Child Tax Credit funds this Thursday, according...

Enhanced Child Tax Credits of up to $3,600 per child will begin this week: ‘I’m going to be able to do a lot’

Margarita Rodriguez is an early riser, waking at 3 a.m. to prepare for her 4:30 a.m. shift at a Passaic, N.J. delicatessen. But on Thursday,...

‘The language of consumer debt is rife with moral undertones’: Read MarketWatch’s new ‘Extra Credit’ column

Hello and welcome to Extra Credit, a weekly look at the news through the lens of consumer debt. Your monthly car or student-loan bill may...

What will you do with your enhanced Child Tax Credit? Invest in your child’s future with these 3 options

Some 39 million households, accounting for almost 90% of U.S. families, will receive the enhanced Child Tax Credit. The Internal Revenue Service will issue the...

How to claim the child tax credit if you don’t file taxes — payments start July 15

Weeks ahead of the first monthly payment to millions of families under the expanded Child Tax Credit, federal officials are trying to make sure as...

Opinion: Public pensions lose on hedge funds — again

One of these days I’m going to write about a bunch of retirees and future retirees who have just made a ton of extra money...

Don’t believe these Social Security myths

Talking with family and friends, listening to cable news or following public debate about the future of Social Security, you’ve likely heard one or more...

Peru to Choose Far-Left Teacher or Right-Wing Politician as Next President

LIMA, Peru—After 15 months contending with a brutal Covid-19 pandemic and sharply rising poverty, Peruvians on Sunday will choose between presidential candidates on opposite ends...

Monthly payments of up to $300 per child are starting for most families — and could keep coming for years

As the U.S. government prepares to send out up to $300 a month per child to millions of families this summer, the payments could end...

Opinion: What happens to government workers who don’t receive Social Security?

About one-quarter of state and local government employees — approximately 6.5 million workers — are not covered by Social Security on their current job. These...

San Francisco Fed has cautionary words for 22 states ending enhanced unemployment benefits

At least 22 states are effectively running an experiment to find out whether or not scaling down unemployment benefits incentivizes more recipients to find new...

American families will finally get their Child Tax Credit money — here’s when the first payment will arrive

More than two months after federal lawmakers boosted the Child Tax Credit payout and broadened eligibility as one part of its $1.9 trillion stimulus bill,...

Opinion: 9 ways to ruin your financial life in a hurry

There are many ways to fritter away our wealth. Pay high investment costs. Day trade stocks. Buy timeshares. Marry a spender. Purchase variable annuities. Retire...

People of color face multiple barriers to vaccine access — including ‘skepticism of a system that has treated them poorly’

With early vaccination data in Philadelphia showing racial disparities, leaders from Penn Medicine, Mercy Catholic Medical Center and the community launched three clinics in a...

Why the Fed’s focus on those hardest-hit by the pandemic matters for markets

Hoovervilles, the shantytowns built in New York City’s Central Park and other open spaces during the Great Depression, became a lasting image of a decade...

Whether you’re 55 or 25, do this to secure your future Social Security benefits

Americans may not receive Social Security until a qualifying event, such as turning 62, having a long-term disability or experiencing a death in the family,...