Go to Knowledge: New Social Security benefits and top financial news for August 19

GO in the Know 5

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Happy Friday! Let’s start the weekend on a good note as today is National Soft Ice Cream Day. Grab your favorite soft serve cone and read today’s biggest financial stories.

The big plus: 12 new “compassionate allowances” from Social Security

The Social Security Administration has added 12 new health conditions to its compassionate allowance program, meaning people with these conditions now have faster access to Social Security disability benefits. Are you eligible?

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SNAP Spotlight: Rhode Island making strides against food insecurity among seniors

Rhode Island Governor Dan McKee, along with Lt. Governor Sabina Matos, Speaker of the House K. Joseph Shekarchi and other elected leaders and advocates, recently approved legislative and budget initiatives to support seniors. The measure recognizes that many seniors face food insecurity, whether retired or not.

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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This is interesting: How can I fight against overpaying Social Security?

Getting a bigger check than you should from the Social Security Administration may seem like a stroke of luck at first, but what it really means is that you’ll have to go through the red tape to deal with the overpayment.

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Bonus: Student Loan Vacation May Be Over Soon: How to Start Paying Off Your Debt

The federal student loan payment moratorium comes to an end on September 1st after nearly two and a half years of stopping loan payments. Whether or not an extension occurs, borrowers will need to prepare to resume payments.

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About the author

Heather Taylor is a senior finance writer for GOBankingRates. She is also the lead writer and brand mascot enthusiast for PopIcon, Advertising Week’s blog dedicated to brand mascots. She has been featured in HelloGiggles, Business Insider, The Story Exchange, Brit + Co, Thrive Global and more media outlets.


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About the Author: Chaz Cutler

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