Tyler Foster
Latest Articles by Tyler Foster
Workers 50 and up earning over $150,000 must now make 401(k) catch-up contributions in a Roth
Americans aged 50 and older who earned more than $150,000 in the prior year will soon lose the option to make pre-tax catch-up contributions to...
Starting in 2027 the government will deposit up to $1,000 a year into low- and middle-income retirement accounts
Millions of lower- and middle-income workers who save for retirement will soon receive direct federal deposits into their accounts, replacing a tax credit that most...
Summer air-conditioning bills will hit records, with Arizona households projected near $1,060
Arizona households that depend on air conditioning to survive triple-digit summers are on track to pay roughly $1,060 in total cooling costs this season, a...
Fewer seniors are choosing Medicare Advantage for the first time since 2010
For the first time since 2010, fewer new Medicare beneficiaries are selecting Medicare Advantage plans when they first become eligible. Data from the Centers for...
The FBI says older Americans lost $7.7 billion to scams last year, much of it to the “phantom hacker” ploy
Americans aged 60 and older lost $7.7 billion to fraud in 2023, according to the FBI, with a fast-growing share of that total tied to...
Medicare’s Part B premium is projected to reach $209.50 a month in 2027
Medicare beneficiaries will pay $209.50 per month for Part B coverage in 2027 if federal projections hold, a $6.60 jump from the $202.90 premium locked...
VA disability pay rose 2.8% this year, adding about $107 a month at a 100% rating
Veterans rated at 100 percent disability will see their monthly compensation climb by about $107 starting December 1, 2025, when a 2.8 percent cost-of-living adjustment...
A transfer-on-death deed passes your home to your heirs without going through probate
Homeowners in California, Texas, and Washington can record a single document that sends their property directly to a named beneficiary at death, skipping the probate...
The Treasury holds $29.7 billion in matured savings bonds a free search can find
Millions of Americans own savings bonds that stopped earning interest years or even decades ago, and the federal government is still holding the money. The...
Once you owe less than 80% of your home’s value, you can demand your lender drop private mortgage insurance
Homeowners paying private mortgage insurance on a conventional loan have a federal right to demand its removal the moment their balance drops to 80% of...
Thermos is recalling 8.2 million food jars and bottles over impact and laceration injuries
Thermos is recalling about 8.2 million Stainless King food jars and bottles after reports that the stopper can shoot out and cause injuries. The U.S....
The SAVE student-loan plan is ending, and 7.5 million borrowers get 90 days to switch
Roughly 7.5 million federal student-loan borrowers enrolled in the SAVE repayment plan now face a hard deadline to pick a new path or be pushed...
Go 63 days without drug coverage after 65 and Medicare adds a lifelong Part D penalty
Anyone turning 65 who lets prescription drug coverage lapse for 63 consecutive days or longer faces a permanent surcharge on Medicare Part D premiums. The...
Earn above $23,400 before full retirement age and Social Security withholds $1 for every $2 over
Americans who claim Social Security before full retirement age and keep working face a hard dollar threshold in 2025: every dollar of earnings above $23,400...
Save medical receipts and reimburse yourself from a health savings account years later, tax-free
Taxpayers who pay for dental work, prescriptions, or surgery out of pocket can pull that money back from a health savings account years after the...
After 65 you can pay Medicare premiums from a health savings account tax-free
Americans turning 65 gain access to a tax break that can offset thousands of dollars in annual Medicare costs: the ability to withdraw money from...