Go in the know: Social Security secrets, student loan predictions and top financial news for August 8

GO in the Know couple news

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It’s International Cat Day, so feline lovers around the world are celebrating their kitties. If you’re one of them and your cat isn’t sitting on your keyboard in front of the screen, meow, read today’s biggest financial stories.

The big plus: 5 Social Security secrets you should know

Here are some facts about Social Security that experts think people need to know about the program, but often don’t. Call them Social Security secrets if you will, and we’re spilling the beans.

Bonus Offer: Open a new Citi Priority account by 9/1/23 and earn up to $2,000 in bonus cash after completing the required activities.

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Student loan boost: SoFi predicts six more months of payment moratoriums

While the White House has yet to announce an official extension of the student loan payment moratorium that ends on August 31st, SoFi’s CFO predicts it will be extended again and last until January 2023.

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This is interesting: new rules on refunds and cancellations of airline tickets

Flying has become increasingly frustrating lately, with more frequent cancellations and delays, partly due to labor shortages. In light of this, the Department of Transportation (DOT) recently announced a proposal that would “significantly strengthen protections for consumers seeking refunds for airline tickets.”

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Bonus: Back to School Savings

Parents can still take advantage of back-to-school savings as dozens of states celebrate tax-free weekends. Tax-free dates and items vary by state, so it’s important to be aware and plan ahead before stocking up.

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!