#financial-relief

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Tax changes coming to Mass. in 2025. Here's what to know.

Massachusetts introduces significant changes to child tax credits and corporate tax calculations aimed at providing financial relief to families and incentivizing business operations.
#social-welfare

Revealed: The boost in store for taxpayers from today as budget changes kick in

The new tax and welfare changes will increase disposable income for households, benefiting low- and middle-income earners significantly.

Revealed: The boost in store for taxpayers from today as budget changes kick in

Tax and welfare changes aim to increase disposable income for households, particularly benefiting lower and middle-income earners.

Revealed: The boost in store for taxpayers from today as budget changes kick in

The new tax and welfare changes will increase disposable income for households, benefiting low- and middle-income earners significantly.

Revealed: The boost in store for taxpayers from today as budget changes kick in

Tax and welfare changes aim to increase disposable income for households, particularly benefiting lower and middle-income earners.
moresocial-welfare

Reps. Gregory Meeks and Pete Sessions introduce bill to support first-time homeowners - QNS

The Mortgage Insurance Freedom Act aims to relieve financial burdens for first-time homeowners by allowing FHA borrowers to cancel mortgage insurance premiums.
#student-loans

How a student-loan borrower got $155,000 in debt wiped out through bankruptcy using new relief guidance

Biden's new bankruptcy guidance facilitated student loan discharges, helping borrowers like Alrena Dale achieve long-awaited financial relief.

A boomer living off Social Security is worried she'll lose lower student-loan payments through Biden's new plan: 'It seems like a war on the old and the poor'

The SAVE plan provided essential financial relief for retirees like Sue, but its future is now uncertain due to legal challenges.

How a student-loan borrower got $155,000 in debt wiped out through bankruptcy using new relief guidance

Biden's new bankruptcy guidance facilitated student loan discharges, helping borrowers like Alrena Dale achieve long-awaited financial relief.

A boomer living off Social Security is worried she'll lose lower student-loan payments through Biden's new plan: 'It seems like a war on the old and the poor'

The SAVE plan provided essential financial relief for retirees like Sue, but its future is now uncertain due to legal challenges.
morestudent-loans

The 7 Best Secondhand Marketplaces to Shop This Holiday Season-New York Family

Second-hand marketplaces provide financial relief during holiday shopping by offering unique treasures at affordable prices.
#cfpb

4.3M Consumers Set to Get Checks From Agency Trump and Musk Want to "Delete"

The CFPB will distribute $1.8 billion to consumers affected by illegal junk fees and credit repair fraud, highlighting its commitment to consumer protection.

The CFPB cracks down on bank overdraft fees with this new rule

The new regulation caps overdraft fees, aiming to save consumers $5 billion annually and increase transparency in banking practices.

4.3M Consumers Set to Get Checks From Agency Trump and Musk Want to "Delete"

The CFPB will distribute $1.8 billion to consumers affected by illegal junk fees and credit repair fraud, highlighting its commitment to consumer protection.

The CFPB cracks down on bank overdraft fees with this new rule

The new regulation caps overdraft fees, aiming to save consumers $5 billion annually and increase transparency in banking practices.
morecfpb
#education

Relief for Brooklyn Businesses? Council Proposal Aims to Reduce Costly Fines

Council Member Oswald Feliz's plan aims to alleviate financial strain on small businesses by prioritizing education over punitive fines.

Biden to Forgive Another $1.2B in Student Debt for Over 150K Borrowers

Biden administration to cancel $1.2 billion in student loan debt for 153,000 borrowers under the SAVE Plan
Borrowers will receive debt forgiveness without further action after being approved for a shortened repayment period benefit.

Relief for Brooklyn Businesses? Council Proposal Aims to Reduce Costly Fines

Council Member Oswald Feliz's plan aims to alleviate financial strain on small businesses by prioritizing education over punitive fines.

Biden to Forgive Another $1.2B in Student Debt for Over 150K Borrowers

Biden administration to cancel $1.2 billion in student loan debt for 153,000 borrowers under the SAVE Plan
Borrowers will receive debt forgiveness without further action after being approved for a shortened repayment period benefit.
moreeducation

Stay warm: How to apply for HEAP in New York to lower your energy costs this winter

The New York HEAP program offers crucial financial support for vulnerable families to help them cover winter heating costs.

You could save up to $175 on your California electricity bill. Here's how

California's Climate Credit program allows residents to save up to $175 on October electricity bills, providing relief during high-cost seasons.

Louisiana homeowners insurance costs lead more seniors to reverse mortgages

Homeowners insurance costs are rising, affecting fixed-income seniors and spurring interest in reverse mortgages for financial relief.
#patient-advocacy

76% of patients in this study got a break on their medical bill. Here's how they did it

Advocating for yourself regarding medical bills can yield significant financial relief.

One city's effort to cancel $2B in residents' medical debt

New York City is launching the nation's largest medical debt relief program, investing $18 million to cancel over $2 billion in medical debt for half a million residents.
The program only requires residents to have a household income at or below 400% of the federal poverty level or have medical debt equal to 5% of their annual household income.

76% of patients in this study got a break on their medical bill. Here's how they did it

Advocating for yourself regarding medical bills can yield significant financial relief.

One city's effort to cancel $2B in residents' medical debt

New York City is launching the nation's largest medical debt relief program, investing $18 million to cancel over $2 billion in medical debt for half a million residents.
The program only requires residents to have a household income at or below 400% of the federal poverty level or have medical debt equal to 5% of their annual household income.
morepatient-advocacy

NY Starts sending payments to families claiming Empire State Child Credit on taxes

Low and moderate-income families in New York State will receive supplemental payments through the Empire State Child Credit program.

L.A. cuts tentative deal to provide $15 million to spare Chinatown tenants from steep rent hikes

A tentative deal between Los Angeles housing officials and a landlord could provide financial relief for residents facing rent increases at a Chinatown apartment complex.

What to know about President Biden's latest attempt at student loan cancellation

President Biden proposes targeted student loan cancellation for 30 million Americans after Supreme Court rejection of previous plan.
New plan uses different legal authority under Higher Education Act to focus on borrowers facing significant financial challenges.

Martin Lewis gives verdict on Jeremy Hunt's 2024 Budget

People on low incomes benefit most from Budget policies
Extended repayment period for budgeting advance loans and cancellation of the 90 debt relief order

Cyberattack Paralyzes the Largest U.S. Health Care Payment System

Providers facing severe cash squeeze after cyberattack on billing system
Government steps in to provide financial relief to affected medical care providers.

Students at Albert Einstein College of Medicine see 'beacon of hope' in free tuition

Students at Albert Einstein College of Medicine received free tuition thanks to a $1bn donation, relieving them of significant debt.
The donation has enabled students to envision life goals previously unattainable due to financial constraints.

Energy bills to fall by 238 and hit lowest level in two years - Ofgem news live

Households to save £238 a year on energy bills with new price cap
Price cap to decrease by 12.3% in April for typical dual fuel households

Federal government scales back carbon tax rebates for small businesses | CBC News

Small businesses are receiving reduced financial relief from carbon pricing revenues, affecting their operations negatively.
Rural families are receiving an increased rebate at the expense of small businesses, leading to backlash and unfairness in distribution.

City Council seeks expansion of Fair Fares transit discount to 650,000 more New Yorkers: report | amNewYork

Expanding Fair Fares benefits more low-income New Yorkers, improving accessibility to transportation and basic necessities.

Lower interest rates could be coming soon. Here's what's at stake if they aren't.

The Federal Reserve might hold off on interest rate cuts to ensure confidence in inflation cooling.

Knicks, Nets Involved in Draft Day Mock Trade

New York Knicks have late first-round picks, while Brooklyn Nets have none, leading to potential trade speculations.
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