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Tyler Foster

Latest Articles by Tyler Foster

Retirement Planning

Workers aged 60 to 63 can put an extra $11,250 into a 401(k) this year through the super catch-up

Workers who turn 60, 61, 62, or 63 this year can stash up to $11,250 in additional catch-up contributions into their 401(k) plans, a provision...

Insurance & Protection

Home insurance costs keep climbing nationwide, driven by severe-weather losses and rebuilding costs

Homeowners across the United States are paying sharply higher insurance premiums as carriers recoup growing losses from extreme weather and face steeper costs to rebuild...

IRS & Enforcement

The IRS will now freeze your tax refund if you don’t have direct deposit on file

Millions of individual taxpayers who file returns without valid bank account details will see their refunds temporarily frozen starting in the 2026 filing season. The...

Credit Cards & Rewards

The average credit card now charges 21% interest — near the highest rate ever recorded

Americans carrying a balance on their credit cards are paying more in interest than at almost any point in modern history. As of February 2026,...

Economy & The Fed

Markets now price in no Fed rate cuts for the rest of 2026

Borrowers hoping for relief on mortgage rates, auto loans, or business credit lines will have to wait longer than almost anyone expected. Futures markets tied...

Social Security & Medicare

Medicare’s new $50 weight-loss drug benefit could cost taxpayers billions, analysts warn before its July 1 launch

Starting July 1, 2026, millions of Medicare beneficiaries will be able to fill prescriptions for GLP-1 weight-loss drugs at a flat $50 per month, a...

Cost of Living

Boeing will pay up to $5,000 to Washington job applicants who never saw a salary range in the posting

Boeing faces payouts of up to $5,000 per applicant to job seekers in Washington state who applied for positions that lacked required salary range disclosures....

Credit Cards & Rewards

Americans’ credit card balances actually fell to $1.252 trillion — the first drop in years

American households saw their combined credit card debt dip to $1.252 trillion in the first quarter of 2026, breaking a streak of quarterly increases that...

Loans & Lending

Graduate student loans will cost 8.07% for anyone borrowing after July 1, the highest rate in three years

Graduate students who borrow federal Direct Loans after July 1, 2026, will pay a fixed interest rate of 8.07 percent, the steepest borrowing cost for...

Tax Changes & Deadlines

Workers 50 and older who earn more than $150,000 must now make their 401(k) catch-up contributions in a Roth, with after-tax dollars

Employees age 50 and older who earned more than $150,000 from their employer in the prior year can no longer make pre-tax catch-up contributions to...

Fraud & Scams

A courier who drove more than $1 million in gold bars from elderly scam victims to his bosses was sentenced to more than 15 years

Syed M. Makki, a 38-year-old Indian citizen living in Illinois, was sentenced to 15 and a half years in federal prison for driving more than...

Social Security & Medicare

Medicare will cover Wegovy and Zepbound for a $50 copay starting July 1, its first obesity-drug coverage in over 20 years

Millions of Medicare enrollees with obesity will be able to fill prescriptions for Wegovy and Zepbound at a flat $50 monthly copay starting July 1,...

Insurance & Protection

Florida’s state insurer is cutting home premiums 8.7% on June 1 — its first rate cut since 2015, even as Florida still pays double the national average

More than 330,000 Florida homeowners will see lower bills from the state’s insurer of last resort starting June 1, when Citizens Property Insurance begins applying...

IRS & Enforcement

Form 5498 quietly reports every IRA contribution to the IRS each May — it’s the form that proves your basis and stops the IRS from taxing you twice in retirement

Every spring, a one-page tax form lands in the mailboxes of IRA holders across the country weeks after they have already filed their returns. Most...

Government & Policy

The OBBB just raised the employer-provided childcare tax credit from $150,000 to $500,000 — workers should ask HR if their company is expanding daycare or backup-care benefits

A working parent in Dallas spending $22,000 a year on infant daycare probably did not celebrate when the One Big Beautiful Bill Act became law...

Government & Policy

A new federal flood-disclosure rule takes effect July 1 — sellers in 28 states will now have to tell buyers if the home has ever flooded before closing

When a home in Houston’s Meyerland neighborhood flooded for the fourth time in five years, the family that owned it made repairs, listed it, and...

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