Tyler Foster
Latest Articles by Tyler Foster
The typical worker’s 401(k) holds just $44,115, far below the $351,242 average that headlines tout
Millions of American workers saving for retirement through employer-sponsored 401(k) plans hold a median balance of just $44,115, a figure that sits far below the...
The FTC is mailing $2.8 million in refunds to homeowners charged by a phony mortgage-relief operation
Nearly 1,821 homeowners who paid upfront fees to a fraudulent mortgage-relief operation are receiving refund checks from the Federal Trade Commission, with payments totaling more...
Original Medicare sets no annual limit on out-of-pocket costs, one reason many buy Medigap
Millions of Americans enrolled in Original Medicare face a financial exposure that no other major federal health program allows: there is no annual ceiling on...
A healthy spouse can keep up to $162,660 in savings when a partner enters a nursing home on Medicaid
Families facing the prospect of a spouse entering a nursing home on Medicaid in 2026 can protect a significant share of their joint savings. Federal...
The IRS is phasing out paper refund checks, so filers should set up direct deposit to avoid delays
Millions of individual taxpayers who still receive paper refund checks from the IRS face a hard deadline. Beginning September 30, 2025, the agency will stop...
Retirees can have tax withheld from Social Security using Form W-4V
Retirees who owe federal income tax on their Social Security benefits can now authorize withholding by phone, after the Social Security Administration began accepting verbal...
Recalled Cuisinart gas grills qualify owners for a $500 refund check
Owners of certain Cuisinart gas grills now qualify for a full refund after federal regulators flagged a shattering glass hazard that poses a serious laceration...
Workers 55 and older can add $1,000 to an HSA each year
Workers who turn 55 by the end of a tax year and carry a high-deductible health plan can deposit an extra $1,000 into a health...
Social Security disability checks convert to retirement checks at full retirement age, with no drop in the amount
Millions of Americans receiving Social Security disability payments face a quiet but significant shift when they hit full retirement age: their disability checks stop, and...
Pennsylvania raised its rebate income limit to $48,110, opening $1,000 property-tax checks to more seniors
Older Pennsylvanians living on fixed incomes got a wider path to property-tax relief after the state raised the top income threshold for its rebate program...
Walgreens is closing 1,200 stores, and seniors who fill prescriptions there may need a new pharmacy
Walgreens Boots Alliance announced plans to close 1,200 stores as part of what the company calls its Footprint Optimization Program, disclosed alongside fiscal-year results for...
Social Security pays survivors a one-time $255 death benefit, frozen since 1954
When a worker dies after paying into Social Security for years or even decades, the federal government sends eligible survivors a single check for $255....
12,400 older Americans each lost at least $100,000 to scams last year, and a few habits guard your savings
At least 12,400 Americans age 60 and older each reported losing $100,000 or more to fraud schemes last year, with average individual losses topping $38,000...
Medicare covers a free annual wellness visit that many seniors skip, missing no-cost screenings
Four in ten Medicare beneficiaries skipped a free preventive visit in 2022 that could have connected them to no-cost screenings for conditions like diabetes, depression,...
New SNAP rules strip work-requirement exemptions from veterans, the homeless and former foster youth
Veterans, people experiencing homelessness, and young adults who aged out of foster care now face a three-month countdown on their food assistance. Public Law 119-21,...
Medicare now covers Wegovy and Zepbound for a flat $50 a month under a new bridge program
Starting today, millions of Medicare enrollees can fill prescriptions for popular GLP-1 weight-loss drugs at a flat $50 per month, a fraction of what these...