1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The U.S. Bank Shield™ Visa® Visa Card is a 0% APR card with a lengthy intro period lasting 21 billing cycles for both balance transfers and new purchases. It's a great option for debt payoff, but you may also want to consider its long-term value before you apply.
$20 annual statement credit: Earn up to $20 as an annual statement credit when you make purchases with your card over 11 consecutive calendar months.
Cell phone protection: Worth up to $600 per claim (with a $100 deductible) in case of theft or damage to your phone. You can make one claim every 12 months and must pay your monthly cell phone bill with your card to qualify.
#credit
The U.S. Bank Shield™ Visa® Visa Card is a 0% APR card with a lengthy intro period lasting 21 billing cycles for both balance transfers and new purchases. It's a great option for debt payoff, but you may also want to consider its long-term value before you apply.
$20 annual statement credit: Earn up to $20 as an annual statement credit when you make purchases with your card over 11 consecutive calendar months.
Cell phone protection: Worth up to $600 per claim (with a $100 deductible) in case of theft or damage to your phone. You can make one claim every 12 months and must pay your monthly cell phone bill with your card to qualify.
#credit
1 month ago
Oscar Health (OSCR) raised its full-year earnings outlook while lowering its expected medical costs to cover benefits for its nearly 3 million Affordable Care Act exchange members. OSCR stock climbed in early Wednesday stock market action ahead of its 9 a.m. ET investor conference.
Oscar, which made an aggressive play to gain ACA market share, has seen enrollment surge 47% from a year ago as of June 30, even as overall enrollment has plunged due to the expiration of enhanced premium subsidies. As of now, it looks like the bet is paying off in a big way, with shares up 126% this year through Tuesday. But it's still a bit early to know, because Oscar's earnings depend not only on its own members' costs, but also those of other ACA insurers.
The ACA's No. 2 insurer by membership behind Centene (CNC) said that it now expects its medical loss ratio, or benefit costs as a share of premiums, to be in the 81% to 82% range, down from the prior outlook of 81.5% to 82.5%.
Oscar boosted its outlook for earnings from operations by $100 million at both ends to a range of $600 million to $800 million. The unchanged revenue outlook, between $18.7 billion and $19 billion, implies that no additional customer churn is expected.
Here is what investors should keep in mind. Compared to the overall ACA risk pool, Oscar's enrollment is relatively young, healthy and more likely to sign up for very-high-deductible bronze plans. Yet based on its relatively healthy risk pool, Oscar expects about 20% of its premiums will be paid out via risk adjustment to other carriers under ACA rules. That means results in the second half of this year depend to a large degree on the level of healthcare utilization by non-Oscar members. As of now, it's a bit early to tell, since healthcare spending tends to rise as the year progresses and insured members exhaust their deductibles.
#oscar #year
Oscar, which made an aggressive play to gain ACA market share, has seen enrollment surge 47% from a year ago as of June 30, even as overall enrollment has plunged due to the expiration of enhanced premium subsidies. As of now, it looks like the bet is paying off in a big way, with shares up 126% this year through Tuesday. But it's still a bit early to know, because Oscar's earnings depend not only on its own members' costs, but also those of other ACA insurers.
The ACA's No. 2 insurer by membership behind Centene (CNC) said that it now expects its medical loss ratio, or benefit costs as a share of premiums, to be in the 81% to 82% range, down from the prior outlook of 81.5% to 82.5%.
Oscar boosted its outlook for earnings from operations by $100 million at both ends to a range of $600 million to $800 million. The unchanged revenue outlook, between $18.7 billion and $19 billion, implies that no additional customer churn is expected.
Here is what investors should keep in mind. Compared to the overall ACA risk pool, Oscar's enrollment is relatively young, healthy and more likely to sign up for very-high-deductible bronze plans. Yet based on its relatively healthy risk pool, Oscar expects about 20% of its premiums will be paid out via risk adjustment to other carriers under ACA rules. That means results in the second half of this year depend to a large degree on the level of healthcare utilization by non-Oscar members. As of now, it's a bit early to tell, since healthcare spending tends to rise as the year progresses and insured members exhaust their deductibles.
#oscar #year
2 months ago
A portion of a $400,000 CCRC entrance fee qualifies as prepaid medical care, deductible on Schedule A the year you write the check.
Only itemizers qualify, and just medical costs exceeding 7.5% of AGI reduce taxable income. Standard-deduction filers get nothing.
Pairing the entrance-fee payment year with a Roth conversion or large capital gains lets the medical deduction shelter substantial income.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
If you or a parent is about to write a six-figure check to move into a continuing care retirement community (a CCRC, meaning a campus that bundles independent living, ****** isted living, and skilled nursing under one contract), stop before you sign. A meaningful slice of that entrance fee (often on a $400,000 ticket) counts as prepaid medical care under federal tax law, and it is deductible on the return for the year you pay it. You do not have to wait until you actually use the health wing. This is the CCRC entrance fee medical deduction, and it is one of the largest one-year itemized deductions a retiree will ever see.
#ccrc #care #prepaid #write
Only itemizers qualify, and just medical costs exceeding 7.5% of AGI reduce taxable income. Standard-deduction filers get nothing.
Pairing the entrance-fee payment year with a Roth conversion or large capital gains lets the medical deduction shelter substantial income.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
If you or a parent is about to write a six-figure check to move into a continuing care retirement community (a CCRC, meaning a campus that bundles independent living, ****** isted living, and skilled nursing under one contract), stop before you sign. A meaningful slice of that entrance fee (often on a $400,000 ticket) counts as prepaid medical care under federal tax law, and it is deductible on the return for the year you pay it. You do not have to wait until you actually use the health wing. This is the CCRC entrance fee medical deduction, and it is one of the largest one-year itemized deductions a retiree will ever see.
#ccrc #care #prepaid #write
2 months ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Wells Fargo Autograph® Card is an excellent travel rewards card if you want a high rate on everyday purchases, no annual fee, and a 0% introductory APR offer. While it doesn't offer premium travel perks, it holds its own as a low-stress, rewarding card option.
Cell phone protection: Subject to a $25 deductible, you can receive up to $600 of cell phone protection against damage or theft as long as you pay your cell phone bill with your card.
No foreign transaction fee: There are no foreign transaction fees when you use your card to make purchases from foreign merchants, including when you're traveling internationally.
#card #phone #travel #protection
The Wells Fargo Autograph® Card is an excellent travel rewards card if you want a high rate on everyday purchases, no annual fee, and a 0% introductory APR offer. While it doesn't offer premium travel perks, it holds its own as a low-stress, rewarding card option.
Cell phone protection: Subject to a $25 deductible, you can receive up to $600 of cell phone protection against damage or theft as long as you pay your cell phone bill with your card.
No foreign transaction fee: There are no foreign transaction fees when you use your card to make purchases from foreign merchants, including when you're traveling internationally.
#card #phone #travel #protection
2 months ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
If you want to earn rewards on your everyday purchases without the hassle of tracking bonus rewards categories, the Wells Fargo Active Cash® Card is a standout credit card option. It has a higher-than-usual flat rewards rate of 2% on all purchases, no annual fee, and includes a generous intro APR.
For a no-annual-fee card, the Wells Fargo Active Cash offers some surprising benefits.
Cellphone protection: Use the card to pay your cellphone bill and you'll automatically receive cellphone protection. This benefit reimburses you up to $600 — subject to a $25 deductible — if your phone is stolen or damaged. There's also a maximum of two paid claims (and $1,200) per 12-month period.
#active
If you want to earn rewards on your everyday purchases without the hassle of tracking bonus rewards categories, the Wells Fargo Active Cash® Card is a standout credit card option. It has a higher-than-usual flat rewards rate of 2% on all purchases, no annual fee, and includes a generous intro APR.
For a no-annual-fee card, the Wells Fargo Active Cash offers some surprising benefits.
Cellphone protection: Use the card to pay your cellphone bill and you'll automatically receive cellphone protection. This benefit reimburses you up to $600 — subject to a $25 deductible — if your phone is stolen or damaged. There's also a maximum of two paid claims (and $1,200) per 12-month period.
#active
2 months ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Wells Fargo Autograph® Card is an excellent travel rewards card if you want a high rate on everyday purchases, no annual fee, and a 0% introductory APR offer. While it doesn't offer premium travel perks, it holds its own as a low-stress, rewarding card option.
Cell phone protection: Subject to a $25 deductible, you can receive up to $600 of cell phone protection against damage or theft as long as you pay your cell phone bill with your card.
No foreign transaction fee: There are no foreign transaction fees when you use your card to make purchases from foreign merchants, including when you're traveling internationally.
#card #phone #purchases #protection
The Wells Fargo Autograph® Card is an excellent travel rewards card if you want a high rate on everyday purchases, no annual fee, and a 0% introductory APR offer. While it doesn't offer premium travel perks, it holds its own as a low-stress, rewarding card option.
Cell phone protection: Subject to a $25 deductible, you can receive up to $600 of cell phone protection against damage or theft as long as you pay your cell phone bill with your card.
No foreign transaction fee: There are no foreign transaction fees when you use your card to make purchases from foreign merchants, including when you're traveling internationally.
#card #phone #purchases #protection
2 months ago
Nursing home bills can wipe out the tax on a Roth conversion when both occur in the same year, because deductible medical costs above 7.5% of AGI offset conversion income.
The strategy requires itemizing deductions and works only when the IRA owner and the patient are the same person, a spouse, or a qualifying dependent.
Each converted dollar raises AGI, lifting the 7.5% deduction floor, and a larger MAGI can trigger IRMAA Medicare surcharges two years later.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
If you have a traditional IRA and someone in your household faces catastrophic nursing home bills, a tax interaction exists. A Roth conversion executed in the same year as enormous deductible medical costs can move IRA dollars into a Roth at a fraction of their normal tax cost, because the medical expense itemized deduction absorbs the taxable income the conversion generates. The strategy pairs two ordinary tools most people use separately, and the window closes at year-end.
#deductible
The strategy requires itemizing deductions and works only when the IRA owner and the patient are the same person, a spouse, or a qualifying dependent.
Each converted dollar raises AGI, lifting the 7.5% deduction floor, and a larger MAGI can trigger IRMAA Medicare surcharges two years later.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
If you have a traditional IRA and someone in your household faces catastrophic nursing home bills, a tax interaction exists. A Roth conversion executed in the same year as enormous deductible medical costs can move IRA dollars into a Roth at a fraction of their normal tax cost, because the medical expense itemized deduction absorbs the taxable income the conversion generates. The strategy pairs two ordinary tools most people use separately, and the window closes at year-end.
#deductible
2 months ago
Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Achieved record adjusted EBITDA margins of 48% by leveraging technology and AI to reduce human-handled service calls by 25% year-over-year.
Delivered record Q2 new HSA sales growth of 24%, demonstrating that healthcare affordability challenges are driving enterprise adoption of high-deductible plans despite macro labor market fluctuations.
Transitioned the platform toward a 'healthcare financial operating system' by integrating accounts, ***** ets, and marketplace capabilities into a single mobile-first experience.
Observed that HSA members who engage with the Marketplace are more likely to begin contributing to their accounts, creating a flywheel for long-term ***** et growth.
#tell #achieved
Achieved record adjusted EBITDA margins of 48% by leveraging technology and AI to reduce human-handled service calls by 25% year-over-year.
Delivered record Q2 new HSA sales growth of 24%, demonstrating that healthcare affordability challenges are driving enterprise adoption of high-deductible plans despite macro labor market fluctuations.
Transitioned the platform toward a 'healthcare financial operating system' by integrating accounts, ***** ets, and marketplace capabilities into a single mobile-first experience.
Observed that HSA members who engage with the Marketplace are more likely to begin contributing to their accounts, creating a flywheel for long-term ***** et growth.
#tell #achieved
2 months ago
The HSA is the only account delivering all three tax advantages: deductible contributions (including FICA savings), tax-free growth, and tax-free qualified withdrawals.
Invest HSA funds in equity index funds, pay current medical bills from cash, and save receipts to reimburse yourself tax-free decades later.
After 65, HSA medical withdrawals don't count toward MAGI, helping retirees dodge IRMAA surcharges that add hundreds per month to Medicare premiums.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Walk into any physician lounge and you'll hear the same advice from the partners closing in on 60: fund the match in your 401(k), then send the next dollar to your Health Savings Account before you finish the deferral. The HSA is the only account in the federal code that escapes tax three separate times, and the people who do tax math for a living treat it accordingly.
#free #don 't #only #three
Invest HSA funds in equity index funds, pay current medical bills from cash, and save receipts to reimburse yourself tax-free decades later.
After 65, HSA medical withdrawals don't count toward MAGI, helping retirees dodge IRMAA surcharges that add hundreds per month to Medicare premiums.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Walk into any physician lounge and you'll hear the same advice from the partners closing in on 60: fund the match in your 401(k), then send the next dollar to your Health Savings Account before you finish the deferral. The HSA is the only account in the federal code that escapes tax three separate times, and the people who do tax math for a living treat it accordingly.
#free #don 't #only #three
3 months ago
Eli Lilly (NYSE:LLY) delivered a quarter that forced Wall Street to catch up to its own numbers. On August 5, the company reported second-quarter revenue of $23.0 billion, up 48% from a year earlier, and used the momentum to raise its full-year sales and profit targets. Shares moved higher the same day as investors focused on how fast the obesity franchise is still expanding.
The headline number came from Mounjaro and Zepbound. Mounjaro revenue jumped 91% to $9.9 billion, while Zepbound climbed 46% to $4.9 billion, and together they anchored a quarter where US sales rose 33% to $14.4 billion, and international sales rose 80% to $8.6 billion. Growth was not confined to the diabetes and obesity lineup either. Lilly's immunology, oncology, and neuroscience products grew a combined 121%, showing the newer parts of the portfolio are starting to contribute in a real way.
Management responded by lifting full-year revenue guidance to a range of $85 billion to $87 billion, up from $82 billion to $85 billion previously. Lilly is also plowing the cash back into its pipeline, closing acquisitions of Orna Therapeutics, Ajax Therapeutics, Centessa Pharmaceuticals, and Kelonia Therapeutics during the quarter, agreeing to buy AtaiBeckley afterward, and committing another $4.5 billion to expand manufacturing in Indiana. On the drug development side, three more Phase 3 trials of the experimental triple agonist retatrutide read out positively, giving Lilly a complete data package to support a planned obesity application submission in the first quarter of 2027.
The same quarter that produced 48% revenue growth also showed what that growth is costing. Realized prices fell 13% company-wide, with international pricing down 36% largely tied to Mounjaro's addition to China's national reimbursement drug list, a trade-off Lilly is making for volume and market access. The acquisition spree carried a real accounting price tag too. Acquired R&D charges hit $2.8 billion in the quarter, versus just $154 million a year earlier, which is why reported EPS grew only 26% even as the non-GAAP figure grew 33%.
Asset impairment and restructuring charges of $703 million, largely tied to the Kelonia and Centessa deals, added further drag, and the effective tax rate climbed to 23.3% from 16.5% because of the non-deductible nature of those charges. R&D spending rose 14% to $3.8 billion, and marketing and administrative costs rose 25% to $3.4 billion, a reminder that funding a pipeline this active and prepping for a wave of new launches is not cheap. None of this changes the underlying growth story, but it does mean the path from strong sales to clean reported profit is getting ****** pier as the deal-making continues.
#billion #lilly #therapeutics #reported
The headline number came from Mounjaro and Zepbound. Mounjaro revenue jumped 91% to $9.9 billion, while Zepbound climbed 46% to $4.9 billion, and together they anchored a quarter where US sales rose 33% to $14.4 billion, and international sales rose 80% to $8.6 billion. Growth was not confined to the diabetes and obesity lineup either. Lilly's immunology, oncology, and neuroscience products grew a combined 121%, showing the newer parts of the portfolio are starting to contribute in a real way.
Management responded by lifting full-year revenue guidance to a range of $85 billion to $87 billion, up from $82 billion to $85 billion previously. Lilly is also plowing the cash back into its pipeline, closing acquisitions of Orna Therapeutics, Ajax Therapeutics, Centessa Pharmaceuticals, and Kelonia Therapeutics during the quarter, agreeing to buy AtaiBeckley afterward, and committing another $4.5 billion to expand manufacturing in Indiana. On the drug development side, three more Phase 3 trials of the experimental triple agonist retatrutide read out positively, giving Lilly a complete data package to support a planned obesity application submission in the first quarter of 2027.
The same quarter that produced 48% revenue growth also showed what that growth is costing. Realized prices fell 13% company-wide, with international pricing down 36% largely tied to Mounjaro's addition to China's national reimbursement drug list, a trade-off Lilly is making for volume and market access. The acquisition spree carried a real accounting price tag too. Acquired R&D charges hit $2.8 billion in the quarter, versus just $154 million a year earlier, which is why reported EPS grew only 26% even as the non-GAAP figure grew 33%.
Asset impairment and restructuring charges of $703 million, largely tied to the Kelonia and Centessa deals, added further drag, and the effective tax rate climbed to 23.3% from 16.5% because of the non-deductible nature of those charges. R&D spending rose 14% to $3.8 billion, and marketing and administrative costs rose 25% to $3.4 billion, a reminder that funding a pipeline this active and prepping for a wave of new launches is not cheap. None of this changes the underlying growth story, but it does mean the path from strong sales to clean reported profit is getting ****** pier as the deal-making continues.
#billion #lilly #therapeutics #reported
3 months ago
Health savings accounts are touted as tax-advantaged savings and investment tools to help handle retiree healthcare costs in the future — as long as you can afford to pay for your healthcare out of pocket today.
To qualify for an HSA, you must be enrolled in a high-deductible health-insurance plan, which has a lower monthly premium, but means you will have to pay thousands in medical expenses yourself before your insurance kicks in. In theory, the HSA gives people a tax-friendly way to save and invest money to offset healthcare costs.
My girlfriend is 62. Can she claim her late husband's full Social Security benefit — or does she have to wait?
My ex-husband's sister died — so why is Fidelity asking me for her death certificate?
College kids are moving into retirement communities for reasons beyond 'cheap rent'
#Health #Social #security #fidelity
To qualify for an HSA, you must be enrolled in a high-deductible health-insurance plan, which has a lower monthly premium, but means you will have to pay thousands in medical expenses yourself before your insurance kicks in. In theory, the HSA gives people a tax-friendly way to save and invest money to offset healthcare costs.
My girlfriend is 62. Can she claim her late husband's full Social Security benefit — or does she have to wait?
My ex-husband's sister died — so why is Fidelity asking me for her death certificate?
College kids are moving into retirement communities for reasons beyond 'cheap rent'
#Health #Social #security #fidelity
3 months ago
Medicare Advantage enrollment is easy, but switching back requires medical underwriting that a stent, GLP-1 prescription, or high blood pressure can permanently block.
Federal law gives Medigap applicants one guaranteed-issue window: six months starting at 65 with Part B enrollment; after that, carriers can legally deny you.
Original Medicare without a supplement carries a $1,736 per-benefit-period hospital deductible and unlimited 20% Part B coinsurance with no annual out-of-pocket cap.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
A 71-year-old Florida widow had spent two years fighting her Medicare Advantage plan over a cardiology referral. She finally decided she was done. A broker helped her choose Medigap Plan G and start the application. Then the insurer saw the stent placed in 2023 and declined her. Other carriers followed. She was allowed to leave Medicare Advantage. Buying the coverage she wanted on the other side was the problem.
#medicare #advantage #medigap #stent
Federal law gives Medigap applicants one guaranteed-issue window: six months starting at 65 with Part B enrollment; after that, carriers can legally deny you.
Original Medicare without a supplement carries a $1,736 per-benefit-period hospital deductible and unlimited 20% Part B coinsurance with no annual out-of-pocket cap.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
A 71-year-old Florida widow had spent two years fighting her Medicare Advantage plan over a cardiology referral. She finally decided she was done. A broker helped her choose Medigap Plan G and start the application. Then the insurer saw the stent placed in 2023 and declined her. Other carriers followed. She was allowed to leave Medicare Advantage. Buying the coverage she wanted on the other side was the problem.
#medicare #advantage #medigap #stent
3 months ago
Fraud victims are dealt multiple financial blows if they take money out of their retirement account before 59½ years of age. What's worse, many financial losses resulting from scams aren't deductible on your tax return.
A new bill introduced by the House Ways and Means Committee would change that by allowing for more instances where scam victims can claim personal losses from theft on their taxes.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#money #wealth #fraud #House
A new bill introduced by the House Ways and Means Committee would change that by allowing for more instances where scam victims can claim personal losses from theft on their taxes.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#money #wealth #fraud #House
3 months ago
Almost half of Americans are holding onto medical debt, according to a 2022 poll (1) from KFF.
And many of them report struggling to keep up with those bills, letting them slip past due or into collections. Others still said they'd gone to family and friends or even used credit cards to foot the bill for medical expenses. And having insurance is no protection from medical expenses, when you factor in premiums, deductibles, co-pays and uncovered expenses.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
And many of them report struggling to keep up with those bills, letting them slip past due or into collections. Others still said they'd gone to family and friends or even used credit cards to foot the bill for medical expenses. And having insurance is no protection from medical expenses, when you factor in premiums, deductibles, co-pays and uncovered expenses.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
3 months ago
With the price of everyday essentials like gas and groceries rising, Americans will take a little respite from just about anywhere they can get it.
Recently, Dave Ramsey offered up an unexpected way to save on car insurance on his radio show (1) that involves taking on more risk. In response to a listener's question about whether to lower or increase their car insurance deductible, he suggested raising it in order to pocket the savings they'd earn on their monthly premium.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
Recently, Dave Ramsey offered up an unexpected way to save on car insurance on his radio show (1) that involves taking on more risk. In response to a listener's question about whether to lower or increase their car insurance deductible, he suggested raising it in order to pocket the savings they'd earn on their monthly premium.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
4 months ago
$975,000 covers a single Charleston retiree's $36,000 annual portfolio gap at a 3.7% withdrawal rate, **** uming Social Security covers the rest.
A 5% coastal wind deductible on a $500,000 home creates a $25,000 out-of-pocket exposure, which is why maintaining a dedicated insurance reserve somewhere between $30,000 and $40,000 is considered essential.
Delaying Social Security from 65 to 67 raises the inflation-protected monthly benefit and measurably shrinks the portfolio withdrawal burden for life.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
A $975,000 portfolio can look like a comfortable retirement at 65, but Charleston is not a place where the headline number tells the whole story. The city offers history, healthcare access, beaches, restaurants, and a strong retirement draw. It also brings coastal home prices, flood exposure, and insurance costs that can turn a simple budget into a much tighter plan. The real question is not whether $975,000 can work in Charleston. It is whether the plan prices the coast honestly.
A 5% coastal wind deductible on a $500,000 home creates a $25,000 out-of-pocket exposure, which is why maintaining a dedicated insurance reserve somewhere between $30,000 and $40,000 is considered essential.
Delaying Social Security from 65 to 67 raises the inflation-protected monthly benefit and measurably shrinks the portfolio withdrawal burden for life.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
A $975,000 portfolio can look like a comfortable retirement at 65, but Charleston is not a place where the headline number tells the whole story. The city offers history, healthcare access, beaches, restaurants, and a strong retirement draw. It also brings coastal home prices, flood exposure, and insurance costs that can turn a simple budget into a much tighter plan. The real question is not whether $975,000 can work in Charleston. It is whether the plan prices the coast honestly.
4 months ago
Original Medicare's uncapped 20% coinsurance can leave a retiree owing $40,000 on a $200,000 cancer treatment with no annual ceiling to stop it.
Medigap Plan G converts that unlimited liability into roughly $2,640 a year, capping all exposure after a single $283 deductible.
Choosing Medicare Advantage at 65 is effectively permanent. Once the six-month guaranteed-issue window closes, insurers can deny Medigap coverage based on pre-existing conditions.
A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here.
A 67-year-old retiree on Original Medicare gets a stage III colon cancer diagnosis in March. Surgery, chemotherapy, imaging, and specialist visits generate roughly $200,000 in Medicare-approved Part B charges over nine months. After the deductible, Medicare generally pays 80% of covered Part B costs and the beneficiary is responsible for the remaining 20%. Without supplemental coverage, that share could approach $40,000.
Medigap Plan G converts that unlimited liability into roughly $2,640 a year, capping all exposure after a single $283 deductible.
Choosing Medicare Advantage at 65 is effectively permanent. Once the six-month guaranteed-issue window closes, insurers can deny Medigap coverage based on pre-existing conditions.
A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here.
A 67-year-old retiree on Original Medicare gets a stage III colon cancer diagnosis in March. Surgery, chemotherapy, imaging, and specialist visits generate roughly $200,000 in Medicare-approved Part B charges over nine months. After the deductible, Medicare generally pays 80% of covered Part B costs and the beneficiary is responsible for the remaining 20%. Without supplemental coverage, that share could approach $40,000.
5 months ago
GoodRx (NASDAQ:GDRX) is one of the top penny stocks to buy in investors' stock portfolio. On May 27, GoodRx (NASDAQ:GDRX) affirmed its commitment to offering free and low-cost generic medications to the public.
The company launched GoodRx Companion, a new $14.99-a-month subscription service that helps consumers save on routine healthcare costs. The service combines lower drug prices with more affordable access to care and services. The service is tailored for patients managing chronic conditions who take multiple medications.
GoodRx Companion offers prescription savings on more than 200 common generic medications, as well as savings on cleanings, exams, X-rays, crowns, and other dental services. The service will also charge $19 on telehealth visits for common needs such as UTIs, skin care, flu, and other conditions.
The launch of Companion affirms GoodRx's subscription strategy while creating another recurring revenue base. The subscription service also enables the company to engage consumers beyond individual prescription transactions.
GoodRx Holdings, Inc. (NASDAQ:GDRX) is a free digital platform and mobile app that helps Americans compare prescription medication prices and provides discount coupons to use at pharmacies nationwide. It functions primarily as a search engine for drug prices, allowing users to save money whether they are uninsured, underinsured, or have high insurance deductibles.
The company launched GoodRx Companion, a new $14.99-a-month subscription service that helps consumers save on routine healthcare costs. The service combines lower drug prices with more affordable access to care and services. The service is tailored for patients managing chronic conditions who take multiple medications.
GoodRx Companion offers prescription savings on more than 200 common generic medications, as well as savings on cleanings, exams, X-rays, crowns, and other dental services. The service will also charge $19 on telehealth visits for common needs such as UTIs, skin care, flu, and other conditions.
The launch of Companion affirms GoodRx's subscription strategy while creating another recurring revenue base. The subscription service also enables the company to engage consumers beyond individual prescription transactions.
GoodRx Holdings, Inc. (NASDAQ:GDRX) is a free digital platform and mobile app that helps Americans compare prescription medication prices and provides discount coupons to use at pharmacies nationwide. It functions primarily as a search engine for drug prices, allowing users to save money whether they are uninsured, underinsured, or have high insurance deductibles.
5 months ago
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Wondering how to compare homeowners insurance quotes? You may have noticed that after plugging your information into a few websites, you get wildly different prices, even for the same property.
Here’s a closer look at what goes into a home insurance quote, why quotes can vary so much, and how to compare them fairly.
A homeowners insurance quote is an estimate of how much an insurance company may charge you to insure your home.
The quote is based on information about you, your property, and the type of coverage you choose. Any of the following can affect your quoted price: your home’s age, location, claims history, deductible, and coverage limits.
Wondering how to compare homeowners insurance quotes? You may have noticed that after plugging your information into a few websites, you get wildly different prices, even for the same property.
Here’s a closer look at what goes into a home insurance quote, why quotes can vary so much, and how to compare them fairly.
A homeowners insurance quote is an estimate of how much an insurance company may charge you to insure your home.
The quote is based on information about you, your property, and the type of coverage you choose. Any of the following can affect your quoted price: your home’s age, location, claims history, deductible, and coverage limits.
11 months ago
Medicare premiums are set to increase for 2026, putting a dent in retirees' Social Security checks.
The Centers for Medicare & Medicaid Services announced that 2026 monthly Part B premiums will climb to $202.90, an increase of $17.90 from $185 this year. And the annual Part B deductible, which most people must pay before their Medicare coverage begins, will rise by $26 in 2026, to $283 from $257 in 2025.
“That’s the second-highest Part B premium increase in program history,” Mary Johnson, a Social Security and Medicare policy **** yst, told Yahoo Finance.
It hits just as seniors are coming
The Centers for Medicare & Medicaid Services announced that 2026 monthly Part B premiums will climb to $202.90, an increase of $17.90 from $185 this year. And the annual Part B deductible, which most people must pay before their Medicare coverage begins, will rise by $26 in 2026, to $283 from $257 in 2025.
“That’s the second-highest Part B premium increase in program history,” Mary Johnson, a Social Security and Medicare policy **** yst, told Yahoo Finance.
It hits just as seniors are coming
1 yr. ago
Even savvy freelancers often miss deductions that could significantly reduce tax liability. The IRS offers legitimate ways for freelancers to deduct business-related costs, but it's not always obvious which expenses qualify and which ones cross the line into nondeductible
