Original Medicare pays nothing toward custodial long-term care averaging $9,500 a month
Most people spend their working lives paying into Medicare and assume it will cover the care they need if they can no longer manage on their own. It will not. Original Medicare pays nothing toward custodial long-term care, the day-to-day help with bathing, dressing, eating, and moving that makes up the bulk of nursing-home and […]
Read MoreOriginal Medicare pays nothing toward custodial long-term care averaging $9,500 a month
Most people spend their working lives paying into Medicare and assume it will cover the care they need if they can no longer manage on their own. It will not. Original Medicare pays nothing toward custodial long-term care, the day-to-day help with bathing, dressing, eating, and moving that makes up the bulk of nursing-home and […]
Read MorePersonal Finance
Insurance & Protection
Home insurance is rising about 4% this year, a fifth straight annual increase
The bill that arrives with a mortgage statement or a renewal notice is climbing again. Home insurance premiums are on…
Personal Finance
Insurance & Protection
Home insurance is rising about 4% this year, a fifth straight annual increase
The bill that arrives with a mortgage statement or a renewal notice is climbing again. Home insurance premiums are on…
Markets & Investing
Banking & Credit Cards
Loans & Lending
Buy-now-pay-later loans now show up on credit reports and can move a retiree’s score
Buy-now-pay-later plans that split a purchase into four interest-free payments spent years invisible to the credit system, appearing on no report and in no score....
Bank Accounts & Fees
Truist account holders in Georgia can claim up to $1,000 from a $240 million overdraft settlement with no proof before September 14
Georgia bank customers who were charged overdraft fees by SunTrust, the bank now known as Truist, can claim a share of a $240 million settlement,...
Fraud & Scams
Doxim data-breach victims can take a no-proof $100 payment, or up to $5,000 for documented losses, before October 13
People whose personal information was exposed in the 2023 Doxim data breach have until October 13 to claim a piece of a $5.5 million settlement,...
Fraud & Scams
A fugitive behind a $650 million real-estate Ponzi that took 2,000 investors was just added to the FBI’s most-wanted fraud list
The FBI has placed a former New Jersey real-estate executive on its newly created Most Wanted Fraudsters list, offering a reward of up to $150,000...
Fraud & Scams
Scammers can reroute your Social Security deposit online, and locking your my Social Security account stops them in about two minutes
A retiree’s Social Security payment can be redirected to a stranger’s bank account without a single forged signature, using nothing more than the agency’s own...
Fraud & Scams
A Georgia CEO got 20 years for a $380 million Ponzi scheme that drained more than 2,000 investors, and prosecutors seized his yacht and cars
Todd Burkhalter, the founder and chief executive of the Georgia advisory firm Drive Planning, was sentenced on August 14 to 20 years in federal prison,...
Real Estate
Mortgages & Rates
The 30-year mortgage is stuck near 6.7%, squeezing retirees who want to downsize
The average rate on a 30-year fixed mortgage sat at 6.67 percent in mid-August, barely changed from the week before…
Retirement & Taxes
Selling a home after a spouse dies still allows the full $500,000 profit exclusion if you sell within two years
Workers under full retirement age can earn up to $24,480 in 2026 before Social Security holds back part of the check
A free national search can turn up a lost pension from an employer that merged or shut down decades ago
Your heirs inherit your home and investments at their value on the day you die, erasing tax on a lifetime of gains
Heirs must empty an inherited IRA within 10 years, and many now owe a yearly withdrawal along the way
Molina is dropping its standalone Medicare Advantage drug plan for 2027, forcing members to find new coverage during fall enrollment
Social Security disability checks convert automatically to retirement checks at full retirement age, with no drop in the amount
Turning 65 and enrolling in Part B opens a one-time six-month window to buy any Medigap policy with no health questions
A widow or widower can claim a survivor benefit as early as 60, though the check is permanently reduced
Skip Medicare Part D or other creditable drug coverage for 63 days and you can owe a late penalty for life
Hospital observation status, not admission, can cost thousands and block Medicare’s nursing-home coverage