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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Smart Spending

Recall repairs are free by law, and past out-of-pocket fixes can be refunded

Vehicle owners who already paid out of pocket to fix a safety defect before a recall was announced have a legal right to seek reimbursement...

Social Security & Medicare

A six-month window at 65 lets you buy any Medigap plan, no health screening

Americans turning 65 get exactly one shot at buying a Medicare supplement plan on their own terms. Federal law grants a six-month open enrollment window...

Cost of Living

Beef prices are up about 9% this year while eggs fall more than 20%

American grocery shoppers are paying sharply more for steaks and ground beef than they did at the start of the year, even as egg prices...

Fraud & Scams

Older Americans lost more than $262 million to gold-courier scams in one recent stretch, many after a single pop-up on their computer

A single fake security alert on a home computer is enough to set off a chain of events that ends with an older American handing...

Economy & The Fed

The Federal Reserve meets July 28 and 29, and with a rate cut unlikely, savers can still lock in CDs paying close to 4.9%

Savers holding cash in short-term accounts still have a narrow window to lock in 12-month certificate of deposit rates near 4.9 percent, even as the...

Fraud & Scams

An 86-year-old New York widow who lost $700,000 to scammers is suing Bank of America and Merrill Lynch for letting the transfers go through

An 86-year-old widow in New York has filed suit against Bank of America and Merrill Lynch, alleging the institutions allowed roughly $700,000 in fraudulent transfers...

Government & Policy

SNAP has lost more than 4 million people since new work rules took hold, and veterans and some caregivers lost their exemptions

More than 4 million people have dropped off the Supplemental Nutrition Assistance Program since the One Big Beautiful Bill Act took effect after being signed...

Social Security & Medicare

Social Security’s taxable wage cap is projected to reach $190,200 in 2027

Workers earning above $184,500 a year will face a higher Social Security payroll tax ceiling in 2027, with the taxable wage cap projected to climb...

Government & Policy

A bipartisan bill would let thousands of combat-injured veterans collect both their military retirement and full VA disability pay

More than 50,000 combat-injured military retirees stand to receive thousands of additional dollars each year if Congress passes the Major Richard Star Act, a bipartisan...

Social Security & Medicare

Working one more year can replace a zero in Social Security’s 35-year formula and raise your check

Workers who spent years out of the labor force or in low-paying jobs stand to gain the most from a single extra year on the...

Fraud & Scams

A California widow was about to wire $1 million to a crypto scammer until ChatGPT warned her it was fraud

A California widow came within hours of wiring nearly $1 million to criminals running a cryptocurrency investment scheme before a conversation with ChatGPT flagged the...

Fraud & Scams

Anyone asking you to pay a fee to release your Amazon refund is running a scam, the FTC warns

The Federal Trade Commission is telling consumers that no legitimate party will ever charge a fee to release money owed from the $2.5 billion Amazon...

Tech & Your Wallet

23andMe will pay $46.75 million to customers whose DNA data was exposed

Millions of 23andMe customers who had their genetic data exposed in a 2023 breach will split a $46.75 million settlement fund, but the payout is...

Retirement Planning

Starting in 2027 the government will deposit up to $1,000 a year into low- and middle-income savers’ retirement accounts

Millions of low- and middle-income workers who save for retirement will soon receive direct federal deposits of up to $1,000 a year into their retirement...

Social Security & Medicare

Claim Social Security after full retirement age and you can request up to six months of benefits as a lump sum

Workers who delay claiming Social Security past full retirement age can ask the agency to pay them up to six months of back benefits in...

Government & Policy

The same veterans bill would raise survivor payments and restore benefits to spouses who remarried

Surviving spouses of veterans who depend on Dependency and Indemnity Compensation would see their monthly payments rise under companion bills introduced in the Senate and...

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