2024 FAFSA Deadline: Get Help with Your FAFSA Application

Filing FAFSA Application for College Financial Aid in the US Are you planning to attend college or university in America? If so, there’s a great opportunity for you to receive financial assistance from the US government. To apply for this aid, you’ll need to submit a Free Application for Federal Student Aid (FAFSA). The application … Read more

401K Contribution Limits for 2024 in the USA – A Complete Guide

401(k) Contribution Limits for 2024: What You Need to Know A recent report suggests that the Internal Revenue Service (IRS) contribution limits for retirement accounts will only see a slight increase in 2024, following a relatively large increase in 2023. The IRS increased the cost-of-living adjustment for 2023 due to inflation, resulting in a $2,000 … Read more

2024 Ontario Cost of Living Increase and Its Impact on You

Cost of Living Increase 2024 Ontario As Canada welcomes more immigrants, concerns about inflation and the growing cost of living in the country have been raised. Fortunately, newcomers to Ontario have resources available to help them deal with the increased expenses. Both the federal and provincial governments, as well as private resources, provide assistance to … Read more

2024 CRA Benefit Payments: When Will You Get Them?

The Importance of Canadian Government Benefits in 2024 In the current economic climate, the Canadian government plays a crucial role in assisting its residents by providing welfare payments and tax refunds. Financial difficulties are common, and people and families often need assistance to make ends meet. One form of support is tax refunds, where individuals … Read more

2024 Carbon Tax Increase: What to Expect?

Introduction: In 2024, the Government of Canada will be implementing a Carbon Tax Increase to reduce carbon dioxide emissions and promote the use of alternative fuels. This increase will vary from region to region and will be based on the amount of carbon dioxide being emitted in Canada. By reducing fuel usage, individuals and companies … Read more

What Will the 2024 US Interest Rate Hike Look Like?

USA Interest Rate Hike 2024: What to Expect The Federal Reserve is expected to lower interest rates at least six times in 2024 as the economy slows down. However, the effects of these rate reductions may not be immediately apparent. It typically takes 12 to 18 months for changes in the Fed Funds rate to … Read more

2024 increase in federal retirees’ pension. How much will it be?

Introduction Older Canadians have access to various government programs that provide money and benefits. These programs sometimes extend to spouses and children of retirees and seniors. Initiatives such as pension plans, low-income senior programs, and survivor benefits offer support. To apply for these programs, you typically need to submit a Federal Retirees Pension application 2024. … Read more

Maximum CPP Contribution for 2024: A Complete Analysis

Introduction The Canada Pension Plan (CPP) has undergone enhancements that will result in a 50% increase in the maximum retirement benefit. Contributions to the CPP have gradually increased, and this trend will continue over the next few years. Whether you work for a salary or are self-employed, you must contribute to the CPP. CPP Contribution … Read more