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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Tax Changes & Deadlines

Self-employed people can deduct their health-insurance premiums from income even without itemizing

Self-employed workers filing federal tax returns for 2025 can subtract health-insurance premiums directly from their income without itemizing deductions, a benefit that now runs through...

Retirement Planning

Low- and moderate-income workers can claim a tax credit worth up to $1,000 just for paying into a retirement account

Workers earning low or moderate wages can cut their federal tax bill by up to $1,000 simply for putting money into a retirement account, yet...

Smart Spending

Electrolux is recalling Frigidaire gas ranges over a defect that can let burners keep leaking gas, a fire hazard

Thirty people have suffered burn injuries tied to a defect in Frigidaire gas ranges that allows gas to build up inside the oven before the...

Tax Changes & Deadlines

You can give any one person up to $19,000 in 2026 without filing a gift-tax return or touching your lifetime exemption

Families who regularly write large checks to children, grandchildren, or anyone else just got more room to give without triggering federal paperwork. Starting in tax...

Mortgages & Rates

Putting a lump sum toward your mortgage and asking for a recast lowers the monthly payment without refinancing

Homeowners who locked in fixed-rate mortgages before interest rates climbed can still cut their monthly payments without giving up those favorable terms. A mortgage recast,...

Credit Cards & Rewards

Many credit cards quietly add a year to a product’s warranty and refund recent price drops, perks people rarely claim

Millions of credit cardholders in the United States carry cards that automatically extend a product’s manufacturer warranty by up to a year and reimburse the...

Social Security & Medicare

After age 65 you can pull money from a health savings account for anything, paying only income tax like a traditional IRA

Americans holding health savings accounts who reach age 65 gain a quiet but significant advantage: they can withdraw money for any purpose and owe only...

Markets & Investing

Brokerage cash isn’t FDIC-insured; SIPC protects it up to $500,000 instead

Investors holding cash in a brokerage account face a protection gap that most never examine until a firm fails. Federal law caps the Securities Investor...

Insurance & Protection

A free pharmacy discount card sometimes beats your insurance copay on generics

Millions of Americans filling generic prescriptions at the pharmacy counter may be paying more through their insurance copay than they would with a free discount...

Retirement Planning

The federal pension agency is holding unclaimed benefits for tens of thousands of workers whose companies ended their plans

Tens of thousands of American workers are owed retirement money they may not know exists. The Pension Benefit Guaranty Corporation, the federal agency that insures...

Tax Changes & Deadlines

The standard deduction now tops $15,000 for single filers and $30,000 for married couples, so most people skip itemizing

Most Americans filing their 2025 tax returns will claim a standard deduction of $15,750 if single or $31,500 if married filing jointly, amounts large enough...

Tax Changes & Deadlines

Interest on a home-equity loan is tax-deductible only if you use the money to buy, build, or improve that home

Homeowners who tapped a home-equity loan or line of credit to pay off credit cards, fund a vacation, or cover tuition bills lost the right...

Smart Spending

Joann is closing all remaining stores; use gift cards before they’re worthless

Shoppers holding JOANN gift cards now face a deadline to spend them. The craft and fabric retailer has launched store closing sales at all 790...

Fraud & Scams

The FTC is mailing a third round of refunds from a $586 million fund to people who were scammed through Western Union

About 6,000 people who lost money through fraud schemes facilitated by Western Union are receiving checks as the Department of Justice distributes roughly $66 million...

Money in the News

Toyota is recalling 82,000 vehicles over a speedometer-display failure

Toyota and Lexus owners of roughly 81,893 vehicles now face a straightforward but serious problem: the dashboard can go completely blank while the car is...

Insurance & Protection

State Farm will pay $15.5 million to shortchanged Arkansas totaled-car claimants

Arkansas drivers who had their vehicles totaled by State Farm and received less than fair value for those cars stand to collect a share of...

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