Tyler Foster
Latest Articles by Tyler Foster
After 65, health-savings-account money covers any expense penalty-free, and medical costs stay tax-free
Workers with health savings accounts who reach age 65 gain a quiet but powerful tax break: the 20 percent penalty that normally applies to non-medical...
Drivers are paying about 20% more for gas than a year ago, even as pump prices ease from the summer peak
American drivers are still spending roughly 20 percent more per gallon of regular gasoline than they did at the same point last summer, even though...
Retirees whose 2025 income topped about $111,000 will owe Medicare’s high-income surcharge in 2027
Retirees who earned modified adjusted gross income above roughly $111,000 in 2025 will see higher Medicare Part B and Part D premiums starting in January...
Harris Teeter and Pick ‘n Save are closing stores in six states, sending some shoppers to find a new pharmacy
Kroger plans to shut down roughly 60 stores across multiple banners, including Harris Teeter and Pick ‘n Save locations, forcing pharmacy customers in at least...
$310 is Medicare’s projected 2027 Part B deductible, up about $27 from this year
Medicare beneficiaries face a projected Part B annual deductible of about $310 in 2027, roughly $27 more than the $283 deductible set for 2026. That...
Medicaid covers in-home care in many states, an alternative to a nursing home
Adults who need daily help with bathing, dressing, or meal preparation can receive paid assistance at home through Medicaid in dozens of states, bypassing the...
Adults 60 and older stay exempt from SNAP’s new work rules and can deduct medical costs to raise benefits
Adults 60 and older who rely on SNAP benefits will not face the tighter work requirements that Congress imposed on younger participants through the One...
Social Security’s raise tracks workers’ costs, not retirees’, shortchanging seniors again in 2027
Roughly 70 million Social Security beneficiaries will receive their 2027 cost-of-living adjustment based on a price index designed for urban wage earners and clerical workers,...
Many states bar utilities from cutting seniors’ power during extreme heat
Seniors living on fixed incomes in Arizona, Missouri, Maryland, New York, and Washington now have explicit legal protection against losing electricity during dangerous heat waves....
A House bill would finally let combat-injured military retirees collect both their pension and their disability pay
Thousands of combat-injured military retirees forced out of service for medical reasons stand to gain full access to both their Defense Department pension and their...
BMW is recalling 2023–2025 models over brake-assist failure, with free dealer repairs
BMW owners driving certain 2023, 2024, and 2025 models face a safety recall tied to brake-assist failures that could increase stopping distances during hard braking....
A payable-on-death beneficiary lets a bank account skip probate and reach heirs directly
Bank account holders who add a payable-on-death beneficiary to their deposit agreements create a direct transfer channel that bypasses probate court entirely. Three states, Massachusetts,...
2 million seniors miss $11.4 billion in Medicare Extra Help drug savings yearly
Every year, millions of low-income Medicare beneficiaries who qualify for prescription drug savings never receive them. The federal program known as Extra Help, or the...
A spouse who never worked can still claim up to half the other’s Social Security at full retirement age
Millions of Americans who spent years outside the paid workforce, whether raising children, managing a household, or caring for family members, can still collect Social...
Hospitals keep dropping Medicare Advantage plans over payment fights, and some seniors will need new doctors in 2027
Seniors enrolled in Medicare Advantage plans across the country face a growing risk of losing access to their current hospitals and doctors as contract disputes...
People 65 and older get an extra standard deduction — $2,050 for singles — on top of the new senior bonus
Millions of Americans age 65 and older will stack two separate tax breaks on their 2026 returns for the first time: the longstanding extra standard...