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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Cost of Living

Washington, D.C.’s minimum wage rises to $18.40 an hour on July 1, with tipped pay climbing to $10.30

Workers earning the lowest hourly wages in the District of Columbia will see a bump in their paychecks starting July 1, 2026, when the standard...

Social Security & Medicare

The trustees expect Social Security’s combined funds to pay full benefits only through 2034

Roughly 65 million Americans who depend on Social Security checks each month now face a shorter runway before those payments shrink automatically. The Social Security...

IRS & Enforcement

A direct-deposit mismatch is hitting some taxpayers with a CP53E notice and a weeks-long wait for their refund

Some taxpayers expecting a quick direct-deposit refund this filing season are instead finding a CP53E notice in their mailbox and no money in their bank...

Government & Policy

Starting July 1, Oregon shields more of your paycheck from garnishment — the greater of 75% of pay or $400 a week

Oregon workers facing wage garnishment will keep more of their paychecks when a new protection takes effect on July 1, 2026. Under the state’s updated...

Social Security & Medicare

Who qualifies for Medicare’s new $50 coverage of Wegovy and Zepbound starting July 1?

Starting July 1, 2026, millions of Medicare beneficiaries with obesity will gain access to Wegovy, Zepbound, and Foundayo for a $50 monthly copay through a...

Social Security & Medicare

Medicare’s new $50 weight-loss coverage requires a body-mass index of 27 plus another condition like heart disease

Medicare beneficiaries with a body-mass index of 27 or higher and a history of heart attack, stroke, symptomatic peripheral artery disease, or prediabetes will gain...

Government & Policy

Georgia would cap yearly property-assessment increases at 3% or inflation, whichever is less

Georgia homeowners in fast-appreciating neighborhoods could see their property-tax bills grow more slowly under House Bill 1116, a proposal that would cap yearly assessment increases...

Budgeting & Saving

Texas alone is sitting on $10.5 billion in unclaimed cash waiting for residents to claim it

Billions of dollars in dormant bank accounts, uncashed checks, and forgotten securities sit in Texas state custody right now, waiting for their rightful owners to...

Government & Policy

Pulling more than $10,000 in cash out of your bank triggers a federal report, and splitting it into smaller trips is its own crime

Anyone who walks into a bank and withdraws more than $10,000 in cash triggers a federal filing that lands directly with the U.S. Treasury. That...

Government & Policy

Virginia will bar lenders from foreclosing on a home over unpaid medical debt starting July 1

Virginia homeowners who owe money for medical care will gain a direct legal shield against losing their homes when a new state law kicks in...

Smart Spending

Beware any service that charges a fee to track down your unclaimed money — the official search is free

Millions of Americans have unclaimed money sitting in state treasuries, and a growing number of companies want to charge them a fee to get it...

Smart Spending

Amazon is sending automatic payments of up to $51 to Prime members, and the claim window for everyone else closes July 27

Millions of Amazon Prime subscribers are receiving automatic refund payments of up to $51 from the Federal Trade Commission, with no action required on their...

IRS & Enforcement

The IRS keeps moving refunds off paper checks, and one wrong direct-deposit digit can freeze yours for weeks

Taxpayers who file after September 30, 2025, and make a single-digit error on their bank routing or account number will no longer have a paper...

Social Security & Medicare

Medicare is paying Advantage insurers 2.48% more next year, yet most plans expect to cover less

Seniors enrolled in Medicare Advantage plans will see their insurers collect 2.48 percent more from the federal government in 2027, an increase worth more than...

Social Security & Medicare

Social Security and Medicare both moved their insolvency dates closer this year

The two trust funds that finance monthly checks for tens of millions of retirees and hospital coverage for seniors both lost ground in the latest...

Social Security & Medicare

Nearly 3 million Medicare Advantage members were forced to switch plans this year, the highest rate ever recorded

Nearly 3 million Medicare Advantage enrollees had to abandon their health plans this year after insurers exited markets or terminated contracts, setting a record for...

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