Tax Trouble at 42: A man’s father, who was 60 years old at the time, died in 2009. His Traditional IRA was inherited by the son. Initially he took Required Minimum Distributions (RMDs) from that account on time, as required by IRS rules. The account was with a large investment company and everything was going … Read more
IRS Direct Deposits of Over $3,000: The summer of 2025 is starting with relief news for millions of taxpayers in America. The Internal Revenue Service (IRS) has confirmed that from July 1, 2025, they will provide an average refund amount of more than $3,000 to eligible citizens through direct deposit. This refund will be given … Read more
Amidst rising inflation, the Singapore government has once again announced to provide relief to its citizens. From July 2025, every Singapore resident family across the country will be given Community Development Council Vouchers worth $300. CDC This is a step that will not only provide financial support to the common people, but will also strengthen … Read more
In recent days, many misleading posts and videos have been seen on social media claiming that the Singapore government has suddenly increased the minimum age for monthly pension from CPF (Central Provident Fund) to 70 years. This claim is creating anxiety and confusion among many citizens, especially those who are planning their retirement. But the … Read more
In today’s time, when the inflation is affecting every common man, the Singapore government has taken a bold and sympathetic step. The government has announced to provide cash assistance of up to $700 to eligible citizens from July 2025. The purpose of this relief amount is not only to reduce the impact of rising inflation, … Read more
USA’s 2025 Minimum Wage Changes by State: There is news of relief for millions of working people in America in 2025, as many states and cities are increasing minimum wage rates. Even though the federal minimum wage still remains at $7.25 per hour, many states are raising their wage rates due to inflation, cost of … Read more
The Singapore government has announced a new initiative for a very vulnerable but long-overlooked group—the Caregiver Relief Grant, starting in June 2025. It is a one-time cash grant of $400 that will be given to those who are caring for an elderly, disabled or sick family member without any pay. The scheme is not just … Read more
In 2025, the Singapore government has revamped the ComCare support scheme – and the change isn’t just about increasing the amount. It’s a big step towards an inclusive, responsive and modern social security system. At a time when inflation, temporary employment and the effects of the pandemic have made the situation of the common man … Read more
In today’s fast-paced world, changing careers has become as common as it is scary. Especially when you have crossed the age of 40 and most of the responsibilities of life are on your shoulders. But the Singapore government has now decided to turn this fear into a golden opportunity. The SkillsFuture Mid-Career Boost program introduced … Read more
Is Your Favorite Store Open This Fourth of July? This year America’s Independence Day falls on Friday, July 4, 2025. This day is not only special in the history of America but is also the occasion of a long weekend. On July 4, 1776, America declared itself an independent nation and since then, this day … Read more