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The Money Overview

Social Security & Medicare

Medicare’s out-of-pocket costs for weight-loss drugs still won’t count toward the $2,400 cap under the $50 pilot

Medicare’s new $50-a-month deal on weight-loss drugs comes with a catch buried in the fine print of how Part D counts spending. The flat copay makes the medications far cheaper up front, but the money spent on them does not count toward the Part D deductible or the annual out-of-pocket cap — the $2,100 ceiling […]

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Social Security & Medicare

Medicare’s out-of-pocket costs for weight-loss drugs still won’t count toward the $2,400 cap under the $50 pilot

Medicare’s new $50-a-month deal on weight-loss drugs comes with a catch buried in the fine print of how Part D counts spending. The flat copay makes the medications far cheaper up front, but the money spent on them does not count toward the Part D deductible or the annual out-of-pocket cap — the $2,100 ceiling […]

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Banking & Credit Cards

Fraud & Scams

Comcast customers can claim $50 with no proof from a $117.5 million data-breach settlement before September 14

A $117.5 million fund is now paying out to people caught up in a Comcast data breach, and the simplest route to money asks for...

Fraud & Scams

Port-out scammers hijack your phone number to grab the codes guarding your bank accounts

Thieves have found a way to drain a bank or brokerage account without ever touching the victim’s phone, using the number itself as the key....

Fraud & Scams

Federal prosecutors won a conviction against a Georgia man who laundered $2.7 million stolen from fraud victims

Federal prosecutors in Atlanta have won a conviction against a Georgia man who laundered more than $2.7 million stolen from victims of romance schemes and...

Fraud & Scams

A Florida healthcare executive was sentenced for a $35 million scheme that preyed on elderly Medicare patients

A South Florida healthcare executive and the telemarketing operator he paid to funnel him patients are headed to federal prison for a scheme that billed...

Fraud & Scams

Federal prosecutors say elder-fraud losses keep climbing, and a credit freeze is the free step that blocks new-account theft

Federal authorities keep warning that the money older Americans lose to fraud is climbing, and one of the few defenses against a large slice of...

Fraud & Scams

Seniors reporting six-figure losses to government and business impostors lost about $445 million in a single year

The size of the checks older Americans are losing to scammers has grown far faster than the number of victims, and the clearest measure sits...

Retirement & Taxes