With inflation expected to keep rising into the new year, Americans can use all the financial help they can get in 2022. Fortunately, some will get a boost in income to help them cope with higher prices for everything from gas and food to energy, household items and health care.
Social Security Payment Schedule 2022: What Dates To Watch Out For
Find: 5 Nontraditional Ways To Build Your Wealth
Here’s a look at three different ways you might get more money in 2022:
Although the federal minimum wage has been stuck at $7.25 an hour for more than a decade, certain cities, states and counties have enacted their own hikes. A total of 74 states, cities and counties raised their minimum wage this year, New Hamphire’s WMUR reported, citing data from the National Employment Law Project. The project is still tabulating the number for 2022, but expects it to be about the same.
For example, the minimum wage in Arizona will increase to $12.80 an hour in 2022 from $12.15 this year, while the minimum wage in Colorado will rise to $12.56 an hour in 2022 from $12.32 this year.
In addition, the minimum wage for federal contractors will rise to $15 an hour during 2022 following an executive order signed by President Joe Biden. The higher wage will take effect when new contracts are signed or when certain actions are taken, such as extensions or renewals.
Meanwhile, a...
According to a BBC undercover investigation, unregulated immigration advisors are allegedly encouraging people to make false claims of domestic abuse to secure their right to stay in the UK. Right...