Latest news with #967
Hindustan Times
6 days ago
- Business
- Hindustan Times
Social Security payments on August 13: Who will receive up to $5,108 today?
The Social Security Administration (SSA) is scheduled to distribute its next round of regular payments on Wednesday (August 13). Beneficiaries can receive amounts up to $5,108 if they meet all specified eligibility criteria. Those who also receive Supplemental Security Income will receive two payments this month due to the way the payment calendar is structured. Social Security payments for Augusts will be rolled out today Eligibility criteria In order to receive the maximum security amount of $5,108, beneficiaries must meet the following criteria: • Worked and paid into Social Security for at least 35 years • Reached the maximum taxable income limit in most of those years • Waited until age 70 to start receiving benefits Those receiving lower payments may be facing the issue due to differences in earnings history and claiming age. You can go on the My Social Security online platform to check your current benefit estimate, next due date, and earnings and contribution history. 'The monthly maximum Federal amounts for 2025 are $967 for an eligible individual, $1,450 for an eligible individual with an eligible spouse, and $484 for an essential person,' reads the official SSA website. 'In general, monthly amounts for the next year are determined by increasing the unrounded annual amounts for the current year by the COLA effective for January of the next year. The new unrounded amounts are then each divided by 12, and the resulting amounts are rounded down to the next lower multiple of $1.' Payment schedule For those beneficiaries who solely receive social security benefits, payments are rolled out depending on their birthdate, as determined by the SSA's official calendar. This process is undertaken over the last three Wednesdays of the month. • For those born from the 1st to the 10th of any month, payments are given on the second Wednesday, i.e., August 13 • For those born from the 11th to the 20th of any month, payments are given on the third Wednesday, i.e., August 20 • For those born from the 21st to the 31st of any month, payments are given on the fourth Wednesday, i.e., August 27 How will I receive my payment? Direct deposits are usually transferred faster than paper checks since their mailing period consumes time. Beneficiaries must update their calendars and make sure their details are updated to receive payments on time. The SSA usually requests that people allow three days, following which they can reach out for assistance in case their payment hasn't arrived. In need of redressal, visit your nearest SSA office or call 1-800-772-1213. With contribution from Stuti Gupta
IOL News
7 days ago
- Business
- IOL News
South Africa unperturbed by US visa policies affecting Zimbabwe
US President Donald Trump continues to disrupt global diplomacy after a recent visa ban imposed on Zimbabwe. Image: Peter Zay / AFP The South African government appears unmoved by the recent visa ban imposed by the US embassy in Harare, Zimbabwe, even as US President Donald Trump continues to disrupt global diplomacy with tariff increases and immigration policies seven months into his second term. The US has suspended all routine immigrant and non-immigrant visa services to Zimbabwe due to concerns about misuse and overstays. However, the issuance of other visa types remains unaffected. Although South Africa was exempt from new Trump visa restrictions on SADC countries, a new policy has been implemented for Malawi and Zambia. Citizens of these nations are now required to pay a bond of $5,000 (R88,656) to $15,000 (R265,967) to travel to the United States. Additionally, the citizens are required to use one of three airports—Boston's Logan International, New York's JFK International, or Dulles International near Washington D.C.—for both arrival and departure. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ When asked whether South African citizens should be worried, Department of International Relations and Cooperation (Dirco) spokesperson Chrispin Phiri gave a brief response: "We do not provide commentary on other countries' visa regimes, and this is our general position, it's not specific to the US." A senior government official, however, downplayed the likelihood of South Africans being affected by the US visa restrictions. "Remember Trump is only in our case because of the International Court of Justice case against Israel and our involvement in BRICS. Nothing more and nothing less," the official said. "South Africans visiting the US are mostly professionals who either go for business or a holiday. We seldom have citizens wanting to immigrate to the should have nothing to worry about,' he said. The US embassy explained that the reasons for the restrictions was because the administration was working to prevent visa overstay and misuse as part of national security. "The Trump administration is protecting our nation and citizens by upholding the highest standards of national security and public safety through our visa process," the embassy said. "We are always working to prevent visa overstay and misuse." In June, the US imposed travel bans on citizens from 12 countries, with seven of them located in Africa. Additionally, heightened restrictions were applied to seven other nations, three of which are African. The US has issued a demand to 36 countries, predominantly in Africa, to enhance their traveler vetting procedures. Failure to comply could result in a ban on their citizens visiting the US. International Relations analyst Rejoice Ngwenya said it was unfortunate that the US had an obsession with immigration issues. "All democratic countries must encourage international country movements. However it is incumbent upon citizens that they don't abuse regulations. But one thing to acknowledge in terms of implementation of immigration laws globally is not to interfere and dissuade inter country movements of students because knowledge sharing and education is a universal right,' Ngwenya said.
TimesLIVE
11-08-2025
- Business
- TimesLIVE
Zambia, Malawi concerned by 'financial strain' of US visa bond
Zambia's government voiced concern on Friday about the "unnecessary financial strain" that would be caused by a new rule requiring its citizens to pay bonds of up to $15,000 (R265,967) to obtain some types of US visas. Starting August 20, US President Donald Trump's administration will require applicants from countries with high rates of visa overstays — including Zambia and neighbouring Malawi — to post a bond of $5,000 (R88,656), $10,000 (R177,312) or $15,000 under a pilot programme for some tourist and business visas. "While the [US] government has a prerogative to initiate policy changes, the Zambian government views this development with serious concern, given its potential economic implications on trade, investment, tourism and people-to-people exchanges," Zambian foreign minister Mulambo Haimbe said in a statement. "This includes the unnecessary financial strain on Zambian nationals." The move comes as Trump cracks down on illegal immigration, boosting resources to secure the border with Mexico and arresting people in the US illegally.
Hindustan Times
07-08-2025
- Business
- Hindustan Times
No Social Security check this Wednesday? Here's why you will have to wait
The Social Security Administration (SSA) is set to begin rolling out payments for August 2025 to its beneficiaries. Payments are distributed on a schedule based on recipients' birthdates, with varying amounts issued on different dates throughout the month. When will you get SSA payments this month?(Unsplash) Who gets paid and when? SSA payments are issued on three Wednesdays each month. This process starts from the second week which means that the schedule won't be followed before August 13. Those receiving only social security benefits will receive their checks depending on their birthdate and the regular payment schedule. For those born from the 1st to 10 of any month, payments are given on the second Wednesday, i.e., August 13 For those born from the 11th to 20th of any month, payments are given on the third Wednesday, i.e., August 20 For those born from the 21st to 31st of any month, payments are given on the fourth Wednesday, i.e., August 27 How much will you receive? 'The monthly maximum Federal amounts for 2025 are $967 for an eligible individual, $1,450 for an eligible individual with an eligible spouse, and $484 for an essential person,' reads the official SSA website. 'In general, monthly amounts for the next year are determined by increasing the unrounded annual amounts for the current year by the COLA effective for January of the next year. The new unrounded amounts are then each divided by 12, and the resulting amounts are rounded down to the next lower multiple of $1.' Also Read: Trump's first round of tariffs on India kicks in: 'Billions of dollars now flowing into US' Eligibility criteria You are eligible to receive this paper check if you: • Are an SSI beneficiary • Have updated your bank information • Haven't had a recent change in status
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New Straits Times
01-07-2025
- Business
- New Straits Times
MARKET PULSE PM JULY 1, 2025 [WATCH]
KUALA LUMPUR: News on stock, crypto and ringgit moves. Bursa Malaysia ended higher for the fourth consecutive session, buoyed by renewed foreign buying and stronger domestic macroeconomic indicators. The benchmark index rose 0.56pct to close at 1,541. Meanwhile, the ringgit strengthened against the US dollar, ending the day at 4.1915. In the cryptocurrency space, market sentiment remained volatile, with Bitcoin trading lower at RM448,967, while Ethereum slipped to RM10,332. According to analysts, the data and sentiment indicators suggest a neutral stance toward risk-on assets like equities and crypto, as investors appear to be holding off ahead of the release of June's economic data. That wraps up today's Market Pulse.
