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Tyler Foster

Latest Articles by Tyler Foster

Social Security & Medicare

Medicare’s 2027 price cuts also reach the cancer drugs Ibrance and Xtandi

Four cancer drugs sit inside the same 2027 Medicare price cuts that lowered the cost of a common inhaler, and two of them treat conditions...

Cost of Living

Tariffs are on track to cost the average American household about $700 this year

Tariffs imposed and scheduled through 2026 are on track to cost the average American household about $700 this year, according to an analysis by the...

Social Security & Medicare

$994 a month is the new maximum SSI payment for an individual in 2026

The maximum federal Supplemental Security Income payment for a single person climbed to $994 a month in 2026, up from $967 the year before. For...

Social Security & Medicare

Medicare’s 2027 price cuts target the COPD inhaler Trelegy

Starting January 1, 2027, Medicare’s prescription drug program will pay a federally negotiated price for Trelegy Ellipta, the once-daily inhaler that millions of older Americans...

Cost of Living

$800 will run the average home’s air conditioning this summer, a record

Running the central air through a hot American summer will cost the typical household about $800 in 2026, the highest figure on record and a...

Social Security & Medicare

Medicare Advantage plans are cutting grocery allowances and over-the-counter cards for 2027

The grocery allowances, over-the-counter cards, and flexible spending perks that helped sell many Medicare Advantage plans are shrinking for the 2027 plan year. Insurers are...

Fraud & Scams

Crypto-ATM and QR-code scams drained $333 million last year, and people over 60 lost most of it

Bitcoin ATMs were pitched as a convenience for buying digital currency at a gas station or grocery store, but they have become the collection plate...

Fraud & Scams

The FTC is mailing more than 1 million refund checks to customers of the Brigit cash-advance app

More than a million former customers of the Brigit cash-advance app are receiving refund checks this summer, the latest payout from a Federal Trade Commission...

Credit Cards & Rewards

Credit-card delinquencies hit a 15-year high as the average card rate holds near 21%

The share of credit card balances that are seriously past due has risen to a 15-year high, even as the average interest rate on those...

Insurance & Protection

Full-coverage car insurance now averages about $2,496 a year and keeps climbing

The typical driver who carries full-coverage auto insurance now pays roughly $2,496 a year, or about $208 a month, and the figure has been drifting...

Cost of Living

New-car payments hit a record $770 a month, and nearly 1 in 5 buyers now pay over $1,000

The average monthly payment on a new car has climbed to a record $770, and nearly one in five buyers who financed a vehicle now...

Fraud & Scams

Freeze your credit for free to block identity thieves from opening accounts in your name

A credit freeze is the strongest free tool an American has to stop identity thieves from opening new accounts, and federal law has made it...

Fraud & Scams

Scammers can hijack your phone number in a “port-out” fraud to intercept your bank codes

A stolen phone number has quietly become one of the fastest routes into an older American’s bank account. In a port-out scam, a criminal poses...

Fraud & Scams

Social Security “verification” texts warning your benefits will stop are 2026’s fastest-growing scam

A text message claiming a retiree must “verify” their information or watch their Social Security benefits stop has become one of 2026’s most aggressive impersonation...

Fraud & Scams

A South Dakota retiree wired more than $200,000 to scammers posing as his bank and the FDIC

An elderly Sioux Falls resident lost more than $200,000 over roughly a month this summer after scammers posing as computer-support staff, the victim’s bank, and...

Fraud & Scams

The FBI warns a three-phase “Phantom Hacker” scam is draining seniors’ entire retirement savings

The FBI is warning that a scam it calls the “Phantom Hacker” is wiping out older Americans’ entire retirement and savings accounts by layering three...

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