logo
#

Latest news with #Wage

Social Security $600 Bonus Payment in July: Is it real or fake? Here's what SSA says
Social Security $600 Bonus Payment in July: Is it real or fake? Here's what SSA says

Time of India

time11 hours ago

  • Business
  • Time of India

Social Security $600 Bonus Payment in July: Is it real or fake? Here's what SSA says

Online Rumors SSA Confirms No Bonus Exists Live Events What is COLA? Payments Already Began in January Fraud Risks What COLA Really Means? FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Many online claims have surfaced about a $600 bonus being added to Social Security payments in July 2025. These claims are circulating widely on platforms like TikTok and Facebook. However, the Social Security Administration (SSA) has made no such announcement. The misunderstanding appears to be based on confusion about the annual Cost of Living Adjustment (COLA).Social media posts have stated that SSA has approved a $600 payment for all Social Security beneficiaries. These claims say the payments will start in June 2025 and are meant to offset rising living costs. The rumor has spread fast and reached many users on Facebook and users believe the payment will automatically appear in their bank accounts along with regular monthly deposits. The content claims these bonus checks are new and separate from the usual SSA has issued no official statement approving a new $600 bonus payment. The administration has not introduced any special increase for July. There is no such program in the current $600 figure seems to come from confusion over the COLA adjustment. COLA is calculated each year and spread across monthly payments. It is not sent as a single one-time stands for Cost of Living Adjustment. It helps Social Security beneficiaries keep up with inflation. The SSA calculates this using inflation data from the Consumer Price Index for Urban Wage Earners and Clerical review takes place from July to September each year. The rate is announced in October and takes effect from January of the next 2025, the COLA increase is 2.5%. If a person receives $2,000 in monthly benefits, this means a $50 increase per month. Over 12 months, the total increase becomes $ increase linked to COLA already started in January 2025. Beneficiaries have received the raised amount in their monthly checks since then. The timing mentioned in the online posts does not match actual payment is no extra money being sent in July. What people are calling a 'bonus' is simply the total yearly increase due to the COLA have used this confusion to trick beneficiaries. Some people have been asked to share personal details like Social Security numbers and bank account information. There are also reports of fraud targeting Medicare SSA warns all recipients not to trust unverified sources and to avoid sharing personal data online or over the phone unless certain of the contact's ensures that government payments like Social Security, Supplemental Security Income (SSI), Social Security Disability Insurance (SSDI), and Veterans Affairs (VA) benefits keep up with 2025 increase is expected to give an average boost of $47 per month. In total, this is around $564 for the year. Some people with higher benefits may see a yearly increase over $600. But most recipients will get will also face increased Medicare premiums . The COLA adjustment may only balance rising costs, not raise disposable the SSA has not approved any $600 bonus. The confusion comes from the annual COLA increase already applied since COLA increase is spread monthly. A 2.5% hike in 2025 gives around $47 more per month for average retirees.

The 1% Club wipes out seven players instantly on easy 90% question – but would you have known the answer?
The 1% Club wipes out seven players instantly on easy 90% question – but would you have known the answer?

Scottish Sun

time7 days ago

  • Entertainment
  • Scottish Sun

The 1% Club wipes out seven players instantly on easy 90% question – but would you have known the answer?

Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A QUESTION on The 1% Club wiped out players from the get-go - despite being deemed as easy. The popular quiz show, fronted by Lee Mack, is known for leaving players with their minds boggling thanks to its tough questions as the game goes on. Sign up for the Entertainment newsletter Sign up 3 This question wiped out The 1% Club players straight away 3 Would you have been able to answer it? However for most of the 100 players, they manage to sail through the first few round which are deemed easy thanks to most of the general public being able to correctly answer them. But for one episode of the Saturday night quiz favourite, seven people fell at the very first hurdle. They all failed to correctly identify the answer to the opening 90% question - which was all about letters. Reading the question aloud, Lee said: "Which of the following words still makes a valid word if you change the first letter to the next letter in the alphabet?" Lee then told the players of the three choices they had to pick from, which were - Page, Rage and Wage. With 30 seconds on the clock, the 100 players did their best to attempt to answer the question. However, for seven of them, they could not get to the right answer. Lee then confirmed that the answer was in fact, Rage. By switching the 'R' to an 'S' - the following letter in the alphabet - players were left with the word, Sage. Page would have produced "oage", whilst Wage would have read "xage". The 1% Club wipes out 20 people on tricky numbers question One player who got it wrong admitted it was his "biggest fear" to go out on the 90% question. He told Lee that he panicked and failed to read the question properly before selecting the answer as "wage". Hardest Quiz Show Questions Would you know the answers to some of quizzing TV's hardest questions Who Wants To Be A Millionaire - Earlier this year, fans were left outraged after what they described as the "worst" question in the show's history. Host Jeremy Clarkson asked: 'From the 2000 awards ceremony onwards, the Best Actress Oscar has never been won by a woman whose surname begins with which one of these letters?' The multiple choice answers were between G, K, M and W. In the end, and with the £32,000 safe, player Glen had to make a guess and went for G. It turned out to be correct as Nicole Kidman, Frances McDormand and Kate Winslet are among the stars who have won the Best Actress gong since 2000. - Earlier this year, fans were left outraged after what they described as the "worst" question in the show's history. Host Jeremy Clarkson asked: 'From the 2000 awards ceremony onwards, the Best Actress Oscar has never been won by a woman whose surname begins with which one of these letters?' The multiple choice answers were between G, K, M and W. In the end, and with the £32,000 safe, player Glen had to make a guess and went for G. It turned out to be correct as Nicole Kidman, Frances McDormand and Kate Winslet are among the stars who have won the Best Actress gong since 2000. The 1% Club - Viewers of Lee Mack's popular ITV show were left dumbfounded by a question that also left the players perplexed. The query went as follows: "Edna's birthday is on the 6th of April and Jen's birthday falls on the 15th of October, therefore Amir's birthday must be the 'X' of January." It turns out the conundrum links the numbers with its position in the sentence, so 6th is the sixth word and 15th is the fifteenth word. Therefore, Amir's birthday is January 24th, corresponding to the 24th word in the sentence. - Viewers of Lee Mack's popular ITV show were left dumbfounded by a question that also left the players perplexed. The query went as follows: "Edna's birthday is on the 6th of April and Jen's birthday falls on the 15th of October, therefore Amir's birthday must be the 'X' of January." It turns out the conundrum links the numbers with its position in the sentence, so 6th is the sixth word and 15th is the fifteenth word. Therefore, Amir's birthday is January 24th, corresponding to the 24th word in the sentence. The Chase - The ITV daytime favourite left fans scratching their heads when it threw up one of the most bizarre questions to ever grace the programme. One of the questions asked the player: "Someone with a nightshade intolerance should avoid eating what?" The options were - sweetcorn, potatoes, carrots - with Steve selecting sweetcorn but the correct answer was potatoes.

The 1% Club wipes out seven players instantly on easy 90% question – but would you have known the answer?
The 1% Club wipes out seven players instantly on easy 90% question – but would you have known the answer?

The Irish Sun

time7 days ago

  • Entertainment
  • The Irish Sun

The 1% Club wipes out seven players instantly on easy 90% question – but would you have known the answer?

A QUESTION on The 1% Club wiped out players from the get-go - despite being deemed as easy. The popular quiz show, fronted by 3 This question wiped out The 1% Club players straight away 3 Would you have been able to answer it? However for most of the 100 players, they manage to sail through the first few round which are deemed easy thanks to most of the general public being able to correctly answer them. But for one episode of the Saturday night quiz favourite, seven people fell at the very first hurdle. They all failed to correctly identify the answer to the opening 90% question - which was all about letters. Reading the question aloud, Lee said: "Which of the following words still makes a valid word if you change the first letter to the next letter in the alphabet?" More from The 1% Club Lee then told the players of the three choices they had to pick from, which were - Page, Rage and Wage. With 30 seconds on the clock, the 100 players did their best to attempt to answer the question. However, for seven of them, they could not get to the right answer. Lee then confirmed that the answer was in fact, Rage. Most read in News TV By switching the 'R' to an 'S' - the following letter in the alphabet - players were left with the word, Sage. Page would have produced "oage", whilst Wage would have read "xage". The 1% Club wipes out 20 people on tricky numbers question One player who got it wrong admitted it was his "biggest fear" to go out on the 90% question. He told Lee that he panicked and failed to read the question properly before selecting the answer as "wage". Hardest Quiz Show Questions Would you know the answers to some of quizzing TV's hardest questions Who Wants To Be A Millionaire - Earlier this year, The 1% Club - Viewers of Lee Mack's popular ITV show were left The Chase - The ITV daytime favourite left fans scratching their heads when it threw up 3 The correct answer was revealed to be B

Republican senator teams up with Democrat to push $15 per hour minimum wage plus annual inflation increases
Republican senator teams up with Democrat to push $15 per hour minimum wage plus annual inflation increases

Yahoo

time11-06-2025

  • Business
  • Yahoo

Republican senator teams up with Democrat to push $15 per hour minimum wage plus annual inflation increases

Sens. Josh Hawley, R-Mo., and Peter Welch, D-Vt., are pushing legislation that would hike the federal minimum wage to $15 per hour and provide for annual increases to account for inflation. The proposal would implement a dramatic increase from the current $7.25 per hour federal minimum wage, which has been in place for more than 15 years. "For decades, working Americans have seen their wages flatline. One major culprit of this is the failure of the federal minimum wage to keep up with the economic reality facing hardworking Americans every day. This bipartisan legislation would ensure that workers across America benefit from higher wages," Hawley said, according to press releases from both lawmakers. New Study Reveals Blue State's Fast-food Minimum Wage Hike Jeopardized Thousands Of Jobs The purchasing power of the U.S. dollar has eroded significantly over the years due to inflation. Under the proposed legislation, the yearly increases to the initial $15 per hour federal minimum wage would be based on "the percentage increase, if any, in the Consumer Price Index for Urban Wage Earners and Clerical Workers (or a successor index), as published by the Bureau of Labor Statistics" and would be "rounded to the nearest multiple of $0.05, if the amount … is not a multiple of $0.05." Read On The Fox News App Cuomo Says He'll Raise Nyc's Minimum Wage To $20 An Hour If Elected Mayor "We're in the midst of a severe affordability crisis, with families in red and blue states alike struggling to afford necessities like housing and groceries. A stagnant federal minimum wage only adds fuel to the fire. Every hardworking American deserves a living wage that helps put a roof over their head and food on the table–$7.25 an hour doesn't even come close," Welch said, according to the releases. "Times have changed, and working families deserve a wage that reflects today's financial reality. I'm proud to lead this bipartisan effort to raise the minimum wage nationwide to help more folks make ends meet," the senator added. In post on X, conservative commentator Dana Loesch decried the idea of raising the federal minimum wage, pushing back against Hawley's advocacy for the policy. Sens. Bernie Sanders And Josh Hawley: Cap Credit Card Interest Rates At 10% "This is a horrible, progressive idea," Loesch asserted in the article source: Republican senator teams up with Democrat to push $15 per hour minimum wage plus annual inflation increases

ZayZoon Launches Perks Marketplace to Expand Financial Wellness Access for All Employees
ZayZoon Launches Perks Marketplace to Expand Financial Wellness Access for All Employees

Yahoo

time10-06-2025

  • Business
  • Yahoo

ZayZoon Launches Perks Marketplace to Expand Financial Wellness Access for All Employees

The updated platform introduces new tools and partnerships to address a wider range of employee financial needs PHOENIX, June 10, 2025--(BUSINESS WIRE)--ZayZoon, the most accessible Earned Wage Access (EWA) solution for all businesses, today announced its new Perks Marketplace. Building on its mission to strengthen the employer-employee relationship, ZayZoon is introducing new features, expanded partnerships, and a redesigned experience that elevates the company's financial benefits hub. Coming shortly after ZayZoon's new Rewards and Recognition product earlier this year, this launch marks a significant step forward in ZayZoon's evolution into a comprehensive workplace utility and financial benefit for all segments of the workforce. Through its Perks Marketplace, ZayZoon provides employees with exclusive savings, financial tools, and wellness supports that make everyday life more affordable and manageable. "Employee expectations have evolved faster than most employers can keep up," said Darcy Tuer, CEO of ZayZoon. "Frontline workers especially aren't getting the sorts of benefits that we see in other sectors. The Perks Marketplace helps close that gap, giving every employee access to tools that support their financial health and overall wellbeing." ZayZoon's expanded offering supports employees across new financial use cases, including credit-building, tax-filing, and money management. And Tuer confirms this is only the beginning. "We're not done. Our team is already working on adding new utility, like the ability to earn extra money directly within ZayZoon. We expect to have dozens of perks before the end of the year." New Perks. More Value. Broader Reach. At launch, the Perks Marketplace includes a broad set of new and existing offerings that help employees: Save on essentials: Boosted gift card values to save on groceries and gas through Prizeout, plus up to 80% discounted prescriptions via Clever RX. Get insured: Compare coverage options and save on recurring expenses with Savvy, Insurify, Embrace Pet Insurance, Everyday Life, and InsureMyTrip. File taxes: Easy, low-cost tax filing supported through Column Tax and H&R Block to help employees manage the stress of tax time. Support wellness: Affordable access to mindfulness and mental health tools via and Balance. Manage and protect finances: Tools like Monarch Money, LegalShield, FastWill, and Kikoff provide budgeting support, legal access, and credit-building opportunities. "This isn't just a bigger perks package, it's a smarter way for employers to tackle retention and engagement," said Tate Hackert, Chief Strategy Officer at ZayZoon. "With the Perks Marketplace, employers can offer meaningful benefits that support every employee and strengthen their business from the inside out." The Perks Marketplace launch supports ZayZoon's broader objective of providing a total solution that meets the needs of the evolving deskless workforce. By spotlighting value beyond on-demand pay, ZayZoon enables employers to foster a supportive, engaged relationship with their workers. This approach helps businesses better attract and retain talent in today's competitive hiring landscape. About ZayZoon ZayZoon works with North American employers to create the reconnected workplace, where deskless workers have greater control, opportunity, recognition and confidence in their jobs. Integrating with all major payroll platforms and backed by over 300 partners, ZayZoon is designed for ease of use and rapid implementation, allowing employers to quickly offer immediate access to earned wages connected to their existing payroll systems. Beyond pay access, ZayZoon provides financial education, employee engagement tools like rewards and recognition, and valuable financial perks—including savings on prescriptions and insurance—all aimed at boosting employee satisfaction and enhancing the overall workplace experience. To learn more, visit View source version on Contacts PR Contact: Rachel Goodwill, Walker Sands for ZayZoon, 262-352-4749, Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store