Skip to main content

The Money Overview

Social Security & Medicare

Selling a home can push a retiree’s income high enough to raise Medicare premiums two years later

A retiree who sells a long-held home for a substantial profit in one year can find a Medicare premium bill waiting two years later that has nothing to do with anything they did as a Medicare beneficiary. Medicare’s income-related surcharge, known as IRMAA, is calculated from a tax return filed two years before the premium […]

Read More
Social Security & Medicare

Selling a home can push a retiree’s income high enough to raise Medicare premiums two years later

A retiree who sells a long-held home for a substantial profit in one year can find a Medicare premium bill waiting two years later that has nothing to do with anything they did as a Medicare beneficiary. Medicare’s income-related surcharge, known as IRMAA, is calculated from a tax return filed two years before the premium […]

Read More

Banking & Credit Cards

Fraud & Scams

A Ponzi manager who spent investors’ millions on private jets drew 11 years and a $31.35 million bill

A federal judge in St. Louis sentenced a Texas investment manager to 11 years in prison this week for running a Ponzi scheme that took...

Fraud & Scams

On Q data-breach customers can file for up to $5,000, but the claim deadline is October 28

On Q Financial, an Arizona-based mortgage lender, has agreed to pay $1.25 million to settle a class-action lawsuit over a data breach that exposed customers’...

Bank Accounts & Fees

Bank customers earn almost nothing on savings while credit-card rates sit above 21%

The average U.S. savings account paid just 0.38% annual interest in August 2026, while the average credit card rate charged to accounts actually carrying a...

Loans & Lending

Americans 65 and older carry rising student-loan debt, and Washington can garnish their benefits

Nearly 9.6 million federal student-loan borrowers were in default as of March 2026, and an estimated 452,000 of them are Social Security recipients whose monthly...

Fraud & Scams

Four people were charged in Texas schemes that drained a 79-year-old’s home-sale money

A federal grand jury in the Northern District of Texas indicted four people in two related fraud cases connected to unlicensed boarding homes for elderly...

Bank Accounts & Fees

A fifth U.S. bank failed in 2026, and every insured deposit moved to a new bank overnight

Tioga-Franklin Savings Bank, a small Philadelphia lender, was closed by Pennsylvania regulators on August 21, the fifth FDIC-insured bank to fail in 2026. There was...

Retirement & Taxes

One benefit, tax, or Medicare change explained every weekday — plain English, real numbers. Get the free brief.

Free from RetireShield — one short email each weekday. Unsubscribe anytime. We never ask for your password, bank login, or Social Security number.