Connecticut State

Keeping up with rising home energy costs can be tough, especially when household bills, like electric and groceries, continue to increase. According to the U.S. Bureau of Labor Statistics, average energy prices were 29.9% greater in June 2024 compared to June 2020. Caring.com reveals that this, combined with other rising expenses, leaves many low- and moderate-income seniors as well as those on fixed incomes struggling to cover costs. Caring.com reveals that this, combined with other rising expenses, leaves many low- and moderate-income seniors as well as those on fixed incomes struggling to cover their household expenses.

Energy assistance benefits for seniors

Home sweet home just got a whole lot sweeter. American families can now score up to $14,000 in rebates for making energy-efficient upgrades to their homes, thanks to the Inflation Reduction Act. This revolutionary policy is putting money back in your pocket while helping create a cleaner, healthier future for all.

New government program wants to give you $14K to remodel your home — and it will help you save big on your monthly bills

New Jersey State

NJ Spotlight

There’s still plenty of time to apply. The deadline to file for 2023 tax year is Oct. 31. The latest round in the Senior Freeze property-tax relief program began July 15, with the first reimbursement checks issued. The New Jersey Department of the Treasury’s Division of Taxation said it will continue issuing weekly reimbursements as more applications are filed and approved.

Senior Freeze property-tax relief checks are flowing

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Veronica Charnell Media

New maximum payment amounts for SNAP benefits have been announced by the U.S. Food and Nutrition Service (FNS). In October 2024, the top amount available for claimants of Supplemental Nutrition Assistance Program (SNAP) benefits will increase across all 49 states and U.S. territories. There is one state that will see its maximum benefit drop. The new maximum rates will be in place for the duration of the 2025 fiscal year until the Cost of Living Adjustment (COLA) is set again for the 2026 fiscal year.

SNAP Update: New Snap Benefits COLA Payment Increase

NewsNation

Residents in nine U.S. states are still taxed on retirement benefits but how much they pay depends on their income

Social Security benefits are taxed in these US states

Las Vegas, NV

The state Gaming Control Board complaint says Resorts World harbors "a culture where information of suspicious or illegal activity, at a minimum, is negligently disregarded, or at worst, willfully ignored." (Resorts World Las Vegas public relations photo) A complaint filed by the Nevada Gaming Control Board alleges Resorts World Las...

Resorts World LV allowed known illegal bookies, felons to gamble, says GCB complaint

Georgia State

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Micheal Knight

Disclaimer: This article was written with the help of A.I. software. As July comes to a close, SNAP beneficiaries in eight states should anticipate their July payments being deposited by Sunday. These funds, worth up to $1,751 for a household of eight, will be uploaded to an Electronic Benefit Transfer (EBT) card, which operates like a debit card and can be used at any supermarket or grocery store that accepts the benefits.

SNAP Benefits Worth up to $1,751: 8 States Distribute Payments This Week

The Motley Fool

Retirees in these states could receive financial relief on the state level, but federal rules still apply.

It's True: These 13 States Don't Tax Retirement Income

CBS News

Inflation falling to its lowest level in three years is good news, generally speaking. But it also means Social Security recipients are likely in line for the smallest cost-of-living increase to the monthly benefit since 2021. The shift may feel abrupt for the nation's nearly 68 million retirees, with recent years bringing bigger benefit bumps as a result of high inflation. Benefits rose 5.9% in 2022 and were adjusted up 8.7% for 2023.The 2025 cost-of-living adjustment, or COLA, is now projected to come in around 2.57%, the Senior Citizens League, an advocacy group for older Americans, said on Wednesday. Down from...

Social Security recipients in line for smallest COLA bump in years

With the current election cycle and the continued focus on issues like inflation and the national debt, many people are wondering what will happen with Social Security. While it’s hard to predict what will happen in the long term — and much could change depending on factors such as who wins the election and what happens with the economy — looking at short-term changes to Social Security is generally more straightforward. That’s because Social Security benefit increases follow a formula known as a cost-of-living adjustment (COLA).

What a Middle-Class Social Security Check Could Look Like in 2025

Detroit, MI

Axios

A study released this month from University of Michigan researchers found that a temporary expansion of the Child Tax Credit helped some low-income families maintain stable housing. Why it matters: In a city with a high poverty rate and serious affordable housing crunch, the analysis of the national tax credit...

U of M study: Child Tax Credit expansion helped housing affordability

Iowa State

Gov. Kim Reynolds' administration has announced it will seek a waiver to the federal food assistance program called Summer EBT to help fund a separate summer feeding program for kids. (Photo by Justin Sullivan/Getty Images) The Iowa Department of Health and Human Services submitted a waiver request for participation in...

Iowa seeks federal food aid waiver for pilot summer meal program

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Financial Freedom Countdown

As we await the official Social Security cost-of-living adjustment (COLA) numbers, the Senior Citizens League (TSCL) has revised its long-term Social Security COLA forecast for 2025 to 2.63%. While this is an increase from the June 2024 forecast of 2.57%, it might not be enough for seniors struggling to keep up with inflation.

Retirees Brace for 2025 Social Security COLA Forecast as a 2.63% Increase May Not Be Enough

Massachusetts State

Nevada State

GOBankingRates

Lots of retirees decide that after hanging up their work boots and clocking in for decades at a job, it is time for a change of pace. That could involve a move, a downsizing of homes or a collection...

10 Worst States for Retirees To Rent in the Next 5 Years

FinanceBuzz

You can't always avoid taxes, but on these income sources, you won't pay as much as you expect.

Retirees Don't Have To Pay Taxes on These Kinds of Income

Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

Retirees can't do anything about their fixed expenses, but with bills that fluctuate, it's always best when they fluctuate lower. Unfortunately, increasingly extreme weather and temperatures are...

Cutting Expenses in Retirement? 6 Ways To Reduce Utility Costs

Under the Inflation Reduction Act, the most significant climate action in U.S. history, homeowners and renters are eligible for thousands of dollars. If you're looking to make energy-efficient home upgrades but don't know where to start, we've got you covered. Learn how you can take advantage of government rebates offered...

This legislation will help you save thousands on your home remodel — here's how to take advantage

Montana State

Gov. Greg Gianforte listens to Sen. Greg Hertz, R-Polson, outline his subcommittee's proposals out of the Property Tax Task Force at a meeting on Aug. 15, 2024. (Photo by Blair Miller, Daily Montanan) Montana Gov. Greg Gianforte told the Property Tax Task Force he convened in January they had performed...

Montana Property Tax Task Force delivers recommendations to Gianforte

NewsBreak

CT winter heating grants could jump $410 per household

The state will boost winter heating assistance levels this year by $410 per household. Credit: Yehyun Kim / ctmirror.org. Low-income Connecticut households could receive an extra...

CT winter heating grants could jump $410 per household

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