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Tyler Foster

Latest Articles by Tyler Foster

Fraud & Scams

The “phantom hacker” scam has stolen more than $1 billion by posing as tech support, then a bank, then the government

Federal authorities are warning older Americans about a fraud that has already stripped more than $1 billion from victims by impersonating not one trusted institution...

Fraud & Scams

Medicare warns of a fake “new card” text from code 42474 as open-enrollment scams pick up

Every fall, as Medicare’s annual enrollment period approaches, the volume of scams aimed at older Americans climbs sharply. Fraudsters know the calendar as well as...

Government & Policy

Connecticut now requires companies to send yearly reminders on how to cancel auto-renewing subscriptions

Connecticut is taking aim at one of the quietest drains on a household budget: the subscription that renews year after year long after anyone still...

Social Security & Medicare

Social Security is ending paper checks by the close of 2026, pushing recipients to direct deposit or a Direct Express card

For generations, a Social Security payment meant an envelope in the mailbox on a predictable day each month. That era is drawing to a close....

Bank Accounts & Fees

Big banks’ overdraft fees are now capped at $5, a change expected to save households about $225 a year

Overdraft fees have long been one of the most resented lines on a bank statement. A single mistimed payment, a forgotten automatic withdrawal, or a...

Corporate Shakeups

Eddie Bauer has filed for Chapter 11 bankruptcy while running about 180 stores

Eddie Bauer, the outdoor and casual-apparel brand with roots stretching back nearly a century, is once again working through bankruptcy court. The company that operates...

Social Security & Medicare

Retired teachers, police and firefighters are now getting up to $587 more a month after Congress repealed two Social Security penalties

For decades, millions of Americans who spent their careers teaching in classrooms, patrolling neighborhoods and answering fire calls found that their Social Security benefits were...

Cost of Living

Egg prices are expected to fall about 30% in 2026, a rare break at the grocery store

After two years in which the price of a carton of eggs became shorthand for grocery-bill frustration, households can finally expect some relief. Federal forecasters...

Mortgages & Rates

Homeowners 62 and older hold a record $14.39 trillion in equity, and the reverse-mortgage limit just rose to $1,249,125

For many older Americans, the largest asset they own is not a brokerage account or a pension. It is the house itself, paid down over...

Retirement Planning

Workers over 50 who earn more than $145,000 must now make 401(k) catch-up contributions in a Roth

A retirement-savings rule that has quietly reshaped how many older, higher-paid workers fund their 401(k) accounts is now in force. Starting this year, employees over...

Retirement Planning

Roth 401(k) accounts no longer force withdrawals during your lifetime, letting the money keep growing tax-free

For years, the Roth 401(k) carried an odd handicap that its cousin, the Roth individual retirement account, never did: it forced retirees to start pulling...

Smart Spending

Heated insoles sold online are recalled after fires caused burns serious enough to need skin grafts

Battery-heated insoles sold online under the Meisinuo and METASONO names have been recalled after the products caught fire and caused burns severe enough that some...

Smart Spending

Flaunt MagSafe battery chargers are recalled because the lithium battery can overheat and catch fire

Flaunt MagSafe battery chargers have been pulled from the market because the lithium-ion battery packed inside them can overheat and ignite, creating a fire and...

Smart Spending

Kobalt-branded Greenworks power tools are recalled after their batteries sparked and caught fire while charging

Kobalt-branded yard and power tools made by Greenworks have been recalled after their batteries were reported to smoke, spark, or catch fire while charging, creating...

Smart Spending

Anyone on SNAP or Medicaid can take $9.25 a month off a phone or internet bill through Lifeline

For older adults living on a fixed income, a phone and internet connection is not a luxury. It is how a person reaches a doctor,...

Corporate Shakeups

Claire’s has filed for bankruptcy again and will close at least 18 U.S. stores

Claire’s, the mall-based accessories chain known for pierced ears and inexpensive jewelry, has returned to bankruptcy court. The company filed for Chapter 11 protection again...

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