Social Security Disability Insurance (SSDI) recipients whose birthdays fall between the 1st and 10th of any month are scheduled to receive their October payment on Wednesday, October 14 under the Social Security Administration’s calendar.
SSDI pays eligible workers whose medical conditions prevent substantial work.
Millions of Americans will receive their next Social Security payment this week, with some retirees eligible for checks worth up to $5,181.
The payments come as beneficiaries await another significant announcement on Wednesday: the annual Social Security cost-of-living adjustment (COLA), which will determine how much benefits increase by in 2027.
The announcement is expected to bring news of a bigger boost than the 2.8 percent adjustment implemented this year,
» Read more about: Social Security Payments of Up to $5,181 Coming This Week »
Futures for the Dow Jones Industrial Average and other major stock indexes traded mixed Monday as Wall Street reacted to President Donald Trump’s “energy ceasefire” between Russia and Ukraine. Meanwhile, Salesforce (CRM) was an early winner on the stock market today . Ahead of Monday’s open, the Dow futures climbed 0.1%,
Berkshire Hathaway sits 5% off its all-time high with $365 billion in cash and buybacks resuming after a 21-month pause.
Greg Abel invested $15 million in Berkshire shares, an amount equal to his entire after-tax annual salary,
» Read more about: Forget the Rest of the Market: Why Berkshire Hathaway Is My #1 Stock Pick »
Hybrid funds manage nearly 14% of industry assets, but September saw sharply contrasting trends across categories.
Representative Image: Hybrid mutual funds manage nearly 14 percent of the industry’s assets, but September inflows varied sharply across categories.
Buffett directed his wife’s trustee to put 90% of her inheritance into a low-cost S&P 500 index fund, specifically recommending Vanguard.
Investing $300 a month for 30 years at 9.5% annual returns grows to roughly $610,000, with $502,000 coming from compounding alone.
One big topic of conversation in the stock market lately is whether the S&P 500 (SNPINDEX: ^GSPC) has become too “top-heavy” and concentrated with the same major tech stocks. The fact is, many exchange-traded funds (ETFs) tend to hold some of the same stocks based on the fund’s objectives and rules.
» Read more about: Own Both VOO and QQQM? You May Be Buying the Same Stocks Twice. »
Candidates in Ohio’s tight U.S. Senate race briefly shared their plans to protect Social Security.
With Social Security facing insolvency, tens of millions of retired Americans will face cuts to benefits in late 2032 unless Congress takes action first. Whoever wins the Ohio U.S. Senate race this year will be faced with big decisions over the future of Social Security.
» Read more about: Ohio US Senate candidates discuss how to fix Social Security »
According to the Social Security Administration (SSA)’s official benefits schedule, the U.S. agency began this month’s payments for the Social Security program on Friday, October 2.
The latest figures from the SSA show that the average monthly Social Security benefit is $1,941.76.
Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Monday) the launch of the S&P 500 & HKEX Tech 100 Index, a new co-branded index developed in collaboration with leading index provider S&P Dow Jones Indices (S&P DJI). The index is designed to measure the performance of leading US-listed companies and largest technology companies listed in Hong Kong.