National Savings & Investments (NS&I) has announced this month’s Premium Bond jackpot winners, with two holders becoming millionaires thanks to ERNIE, the prize generator. The winners, from Liverpool and Gloucestershire, hold £37,025 and £50,000 in Premium Bonds, respectively, with their winning bonds purchased in 2022 and 2024. Over 5.8 million prizes totaling £429,090,875 will be paid out in January, ranging from £25 to £1,000,000, with the prize fund rate currently at 4% and odds remaining at 22,000 to one. Winners can check online, through the app, or by contacting NS&I directly to claim their tax-free prizes.
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Social Security Claiming Strategies: Understanding the Drawbacks of Claiming Early
If you qualify for Social Security retirement benefits, you can start receiving payments at age 62, but doing so before your full retirement age will result in a reduced benefit. It's crucial to weigh the financial impacts of claiming early, even though there may be valid reasons for doing so. Explain It To Me Like I'm 5: If you get money from Social Security when you're older, you can start getting it at 62, but...
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