Tyler Foster
Latest Articles by Tyler Foster
Roth IRAs force no lifetime withdrawals and pass to heirs tax-free
Federal tax law gives Roth IRA owners a rare advantage: they never have to withdraw a single dollar during their lifetimes, and when the account...
Costco is being sued by shoppers who say it raised prices for tariffs, then moved to keep the government’s refund for itself
Costco Wholesale is facing a consumer lawsuit alleging that the retailer raised shelf prices to cover tariffs imposed under the International Emergency Economic Powers Act,...
Over-income seniors can still get nursing-home Medicaid through a Miller income trust
Seniors whose monthly income exceeds Medicaid’s special income level face a stark choice when they need nursing-home care: spend down savings fast, pay out of...
Ford is recalling 288,314 Explorers over roof-rail covers that can fly off, and the fix is free, with refunds for owners who already paid
Ford has recalled 288,314 Explorer SUVs because their roof-rail covers can detach while the vehicle is in motion, turning a cosmetic trim piece into a...
Eligible veterans can buy a home with no down payment or mortgage insurance
Veterans and active-duty service members can purchase a home through the VA-backed loan program without putting any money down and without paying monthly mortgage insurance,...
A health savings account can pay Medicare premiums and long-term-care costs in retirement, and those withdrawals stay tax-free
Retirees who hold health savings accounts can use those funds to cover Medicare Part B, Part D, and Medicare Advantage premiums, plus qualified long-term-care insurance...
A recent widow or widower can keep filing taxes at married rates for up to two years if a dependent child lives at home
A surviving spouse raising a dependent child can continue using married-filing-jointly tax rates for up to two taxable years after the year of death, a...
Seniors filed more than 200,000 fraud complaints with the FBI last year, a record, and thousands lost over $100,000 each
More than 201,000 Americans age 60 and older filed fraud complaints with the FBI last year, a record that produced average individual losses exceeding $38,000....
Tariffs are on track to cost the average U.S. household about $1,600 this year, a bite that lands hardest on retirees living on fixed incomes
American households are absorbing higher prices on imported goods this year as tariff rates sit well above historical norms, and the cost falls disproportionately on...
Still working at 73 can let you delay required withdrawals from your current employer’s 401(k) until you actually retire
Americans who keep working past 73 can, under federal tax law, postpone required minimum distributions from a current employer’s 401(k) until they actually stop working....
About 2 million seniors who qualify for Medicare’s Extra Help skip roughly $11.4 billion in prescription savings every year
Every year, roughly 2 million seniors who meet the eligibility requirements for Medicare’s Extra Help program never claim the benefit, forgoing an estimated $11.4 billion...
Paper Social Security checks end September 30 for the last mail recipients
Social Security recipients who still receive paper checks in the mail face a hard cutoff. After September 30, the federal government will stop mailing those...
The Saver’s Credit hands lower-income workers up to $1,000 for retirement contributions
Lower-income workers who contribute to a 401(k) or IRA can reduce their federal tax bill by as much as $1,000 through the Saver’s Credit, a...
Naming a trusted contact on your bank and brokerage accounts lets the firm flag suspected fraud before your money is gone
Older Americans lose billions of dollars each year to financial exploitation, and in many cases the money is gone before anyone at the bank or...
Patients hit by the Lakeview Health data breach can claim up to $7,080, with an August 24 deadline to file
Patients affected by a data breach at Lakeview Health Systems, LLC face an August 24 deadline to file claims worth up to $7,080, according to...
Some SSI recipients will get two payments in the same month this year, a quirk of the calendar rather than a bonus
Millions of people who rely on Supplemental Security Income will see two SSI deposits land in the same calendar month at certain points this year,...