Proposition 32 is on the ballot for California voters, proposing an increase in the state’s minimum wage to $18 over the next two years. If approved, this would make California’s minimum wage the highest in the nation. The measure specifies different timelines based on the size of the employer: Employers with 26 or more employees:…
The Social Security Administration (SSA) manages payments for over 71 million beneficiaries each month, including those receiving Retirement, Survivors, and Disability Insurance (RSDI) benefits, as well as Supplemental Security Income (SSI) payments. In November, there will be adjustments to the regular payment schedule due to calendar quirks and administrative requirements. Changes to November Payment Dates…
Every year, the Social Security Administration (SSA) adjusts its policies and payment amounts, impacting over 70 million beneficiaries in the United States, the majority of whom are retirees. Social Security benefits constitute about 30% of retirement income for many beneficiaries. With anticipated changes in 2025, including a significant cost-of-living adjustment (COLA), there are both hopeful…
(WJW) — Have you ever fantasized about hitting the jackpot and spending your winnings on a lavish new home or a dream vacation abroad? The reality of winning the lottery, however, comes with significant tax obligations that might dampen your excitement. Federal and State Taxes on Lottery Winnings As previously reported by FOX 8 News,…
This week, the Social Security Administration (SSA) has unveiled significant updates aimed at reducing the burden for millions of American retirees. The SSA will now implement measures to simplify interactions with beneficiaries by eliminating the need for handwritten signatures on a range of forms, facilitating approximately 1 million transactions annually. The move will convert over…
DAYTON, Ohio (WDTN) — September is dedicated to raising awareness about suicide prevention both nationally and globally, fostering essential conversations about mental health. Statistics on Suicide According to a February report by the Health Policy Institute of Ohio, approximately five people die by suicide every day. National Suicide Prevention Week runs from September 8-14, with…
(AP) – Akron-based FirstEnergy Corp., entangled in a $60 million bribery scandal, has been slapped with a $100 million civil penalty by the U.S. Securities and Exchange Commission (SEC) for misleading investors about its involvement in the corruption scheme. The SEC’s cease and desist order reveals that FirstEnergy violated antifraud provisions by concealing its role…
CLEVELAND (WJW) – Get ready for a spine-tingling Halloween season without venturing far from home. Four haunted houses in the Cleveland area have earned spots on the prestigious “top haunts” list for 2024, as recognized by the Haunted Attraction Association (HAA). The HAA, the industry’s official certification body, annually highlights the top 50 haunted attractions…
Wealth inequality in the United States is stark, with the wealth divide widening significantly over recent decades. From 1963 to 2022, the wealth of the top 1% of American families increased sevenfold, while the average wealth of those in the bottom 10% saw only a modest rise. This disparity is evident in the richest towns…
(WJW) – Can you feel it? The days are getting shorter. And in less than two months, the change will become even more noticeable. The Shift to Standard Time On Sunday, Nov. 3, the clocks will once again “fall back,” marking the end of daylight saving time. This adjustment means earlier sunsets and what can…