Skip to main content

The Money Overview

Avatar photo
Author

Tyler Foster

Latest Articles by Tyler Foster

Tax Changes & Deadlines

$20,000 is the restored 1099-K reporting threshold, sparing casual online sellers a surprise tax form.

Millions of casual online sellers who expected to receive a Form 1099-K for relatively small amounts of activity on platforms like eBay, Etsy, and Venmo...

Smart Spending

A soft-cheese Listeria outbreak has sickened eight people across three U.S. states.

Eight people across three U.S. states have fallen ill from Listeria monocytogenes traced to soft cheese produced at a single Maryland dairy plant, and the...

Social Security & Medicare

Medicare just added 15 more drugs to its negotiated-price list, with lower out-of-pocket costs landing in 2027.

Millions of Medicare Part D enrollees who rely on drugs for cancer and chronic conditions will see lower out-of-pocket costs starting January 1, 2027, after...

Cost of Living

Nearly 60% of eligible seniors skip SNAP, leaving an estimated $9.48 billion in food benefits unclaimed every year.

More than half of older Americans who qualify for federal food assistance never receive it. In fiscal year 2019, just 48 percent of eligible adults...

Social Security & Medicare

A spouse who earned little or nothing can still claim a Social Security check worth up to half the higher earner’s benefit.

Millions of Americans who spent years out of the paid workforce or earned modest wages still qualify for a Social Security check equal to half...

Social Security & Medicare

$2,400 will be the new yearly limit on what Medicare drug plans can make you pay out of pocket, starting in 2027.

Medicare beneficiaries who spend heavily on prescription drugs will see their annual out-of-pocket costs capped at $2,400 starting in plan year 2027. The Centers for...

Social Security & Medicare

You can appeal when a Medicare drug plan refuses to cover your medication.

Medicare Part D beneficiaries who are denied coverage for a prescribed medication now have 65 calendar days to file a formal appeal with their plan,...

Smart Spending

Bought Tom’s of Maine toothpaste since 2020? You can claim cash from a $2.9 million settlement with no receipt, by August 27.

Consumers who purchased Tom’s of Maine toothpaste at any point since 2020 can now file claims for cash from a $2.9 million class-action settlement against...

Social Security & Medicare

Even as it takes half of regular checks, Social Security still caps SSI overpayment recovery at 10% of the monthly payment.

The Social Security Administration now withholds half of a regular monthly benefit check to recoup overpayments from Title II recipients, yet SSI beneficiaries face a...

Social Security & Medicare

A surviving spouse can switch to the larger of two Social Security checks.

A widowed spouse who earned less than a deceased partner over a lifetime of work does not have to settle for the smaller Social Security...

Insurance & Protection

Kidisle coffeemakers are being recalled because they can burn the people using them.

At least 27 people have been burned by Kidisle coffeemakers that clog during use and spray scalding liquid or steam without warning. The U.S. Consumer...

Fraud & Scams

Freeze a grandchild’s credit to block identity thieves from opening accounts for years.

Children who have never applied for a loan or a credit card can still become victims of identity theft, and the fraud often goes undetected...

Budgeting & Saving

$29 billion in U.S. savings bonds has stopped earning interest, and a free Treasury site finds yours

Millions of Americans own savings bonds that stopped growing years ago, and the federal tool built to help them find that money no longer exists....

Retirement Planning

Retirees in the lowest brackets can pay 0% federal tax on long-term capital gains

Retired couples filing jointly can sell appreciated stocks or mutual funds held longer than a year and owe zero federal tax on the profit, provided...

Government & Policy

The Education Department has paused wage garnishment and tax-refund seizures for defaulted student-loan borrowers while it rolls out a new plan

Federal student-loan borrowers in default will not face wage deductions or tax-refund seizures while the U.S. Department of Education prepares to launch new repayment options....

Smart Spending

INIU power banks sold on Amazon are being recalled over fire and burn risks

Federal safety regulators are pulling roughly 210,000 INIU portable chargers off the market after finding the lithium-ion batteries inside can overheat and catch fire. The...

1 116 117 118 119 120 177
Plain-English help keeping more of your money in retirement. Get the free newsletter.

Free from Retirement Shield. Unsubscribe anytime. We never ask for money.