A Medicare drug plan’s formulary can change each January, dropping a covered medication
Every Medicare Part D plan maintains its own formulary — the specific list of drugs it covers — and that list is not fixed for the life of a policy. Plans are permitted to revise formularies each new plan year, which begins every January 1, and a medication a beneficiary has taken and had covered […]
Read MoreA Medicare drug plan’s formulary can change each January, dropping a covered medication
Every Medicare Part D plan maintains its own formulary — the specific list of drugs it covers — and that list is not fixed for the life of a policy. Plans are permitted to revise formularies each new plan year, which begins every January 1, and a medication a beneficiary has taken and had covered […]
Read MorePersonal Finance
Smart Spending
A prescription discount card can beat an insurance copay at the pharmacy counter
At many pharmacy counters, the price on an insurance copay isn’t automatically the cheapest option available. Federal regulators moved years…
Personal Finance
Smart Spending
A prescription discount card can beat an insurance copay at the pharmacy counter
At many pharmacy counters, the price on an insurance copay isn’t automatically the cheapest option available. Federal regulators moved years…
Markets & Investing
Banking & Credit Cards
Fraud & Scams
A my Social Security account guards against a scammer diverting your benefits
A free my Social Security account closes off a specific fraud pattern the Social Security Administration has warned about for years: an identity thief who...
Bank Accounts & Fees
A bank must give provisional credit for a disputed debit charge within about 10 business days
Federal banking rules do not give a bank unlimited time to sit on a customer’s money while it investigates a disputed debit-card charge. Once a...
Fraud & Scams
A fraud alert placed with one credit bureau automatically covers all three
Placing a fraud alert with any one of the three national credit bureaus sets off a legal notification requirement that automatically covers the other two,...
Fraud & Scams
Freezing your credit is free at all three bureaus and blocks a thief from opening accounts in your name
A federal law that took effect in September 2018 made it free, nationwide, to freeze a credit report at each of the three major credit...
Bank Accounts & Fees
Opting out of debit-card overdraft coverage stops a bank from charging about $35 when a purchase overdraws
A federal rule requires a bank to get a customer’s explicit opt-in before it can charge an overdraft fee on a debit-card purchase or ATM...
Credit Cards & Rewards
Credit-card interest rates are stuck near 22%, the most expensive consumer-debt cycle on record
The interest rate on credit card balances that actually accrue a monthly finance charge averaged 22.15% in the second quarter of 2026, according to the...
Real Estate
Market Trends
Home sellers are cutting prices at the fastest pace of 2026 as demand cools and rates near a one-year high
Home sellers cut asking prices on 20.4% of active listings in August, according to Realtor.com’s latest housing report, the highest…
Retirement & Taxes
A new federal match will add up to $1,000 a year to a low earner’s retirement savings starting in 2027
A retiree past full retirement age can claim up to six months of Social Security in one back payment