Tyler Foster
Latest Articles by Tyler Foster
Waiting until April for your first required withdrawal can force two taxable RMDs in one year
Retirees who turn 73 and skip their first required minimum distribution before year-end face a tax trap: two full RMDs stacked into a single calendar...
Five states — Mississippi, Kansas, Oklahoma, Alabama and West Virginia — carry the lowest overall living costs
Residents of Mississippi, Kansas, Oklahoma, Alabama and West Virginia pay less for housing, groceries, transportation and services than people in any other U.S. state. Two...
Medicare’s negotiated price cuts semaglutide to about $274 a month starting in 2027
Medicare beneficiaries who rely on semaglutide for diabetes or weight management are set to pay sharply less starting January 1, 2027, when negotiated maximum fair...
Keeping deposits under $250,000 at each bank keeps every dollar covered by FDIC insurance
Anyone holding cash in a U.S. bank account faces a simple but high-stakes dividing line: deposits up to $250,000 per depositor, per FDIC-insured bank, per...
The CFPB is erasing $49 billion in medical debt from 15 million Americans’ credit reports automatically
About 15 million Americans carrying medical debt on their credit reports were set to see roughly $49 billion in collections erased automatically under a Consumer...
Mississippi is the cheapest state to live in for 2026, and North Dakota’s gas nears $3.27 a gallon
Mississippi holds the title of cheapest state to live in for 2026, with a composite cost of living index of 86.2 in the first quarter...
Up to $35,000 in leftover 529 college savings can roll into the beneficiary’s Roth IRA instead of being taxed
Families who saved for college through a 529 plan but ended up with leftover funds now have a tax-free exit that did not exist before...
The FBI is warning older savers about a “phantom hacker” scam that talks them into moving money to a “safe” account
Older Americans with retirement savings are losing everything to a fraud scheme the FBI calls the “phantom hacker” scam, a three-stage con in which criminals...
Federal law shields two months of Social Security deposits from most creditors
Millions of Americans who depend on Social Security checks to cover rent, groceries, and medical bills have a federal shield that stops most private creditors...
Original Medicare covers no routine dental, vision or hearing care
Millions of Americans enrolled in Original Medicare face the full cost of dental cleanings, eyeglasses, and hearing aids out of their own pockets. Federal law...
$25,000 in combined income for singles, $32,000 for couples, is when Social Security benefits start getting federally taxed, limits frozen since 1984
Retirees collecting Social Security in 2024 can owe federal income tax on their benefits once their combined income hits $25,000 for single filers or $32,000...
Medicare Advantage members get a January-to-March window to change or drop their plan
Medicare Advantage enrollees across the country entered a three-month decision window on January 1 that lets them switch plans or leave Medicare Advantage entirely and...
Johns Hopkins Medicine is now out of network for UnitedHealthcare Medicare Advantage patients after the two ended their contract
Patients in Maryland enrolled in UnitedHealthcare Medicare Advantage plans lost in-network access to every Johns Hopkins Medicine provider and facility starting in August 2025. The...
Filing federal taxes is free through IRS Free File for incomes under about $84,000
Taxpayers earning under roughly $84,000 in adjusted gross income can file their federal returns at no cost through the IRS Free File program, a public-private...
Federal law caps what a lost or stolen credit card can cost you at $50
Consumers who lose a credit card or have one stolen face a hard ceiling on what they can be forced to pay for fraudulent charges:...
Two nights in the hospital “under observation” instead of admitted can cost thousands and block nursing-home coverage
Medicare beneficiaries who spend two nights in a hospital bed, receive treatment from hospital staff, and sleep in a hospital room can still be classified...