2027 Will Bring Lower Prices for 15 Medicare Part D Drugs
Takeaways Lower prescription drug prices will begin in 2027. The cost of 15 high-priced Medicare Part D drugs, used to treat conditions such as cancer
Some Older Adults May Qualify for a New $6,000 Tax Break
Takeaways A new, temporary federal tax deduction of up to $6,000 is available annually for taxpayers age 65 and older from 2025 through 2028. This
Some Older Adults May Qualify for a New $6,000 Tax Break
As of the 2025 tax year, many older Americans may realize a new tax benefit thanks to a provision in the One Big Beautiful Bill Act.
Your Unpaid Medical Debt Won’t Be Erased From Credit Reports
Takeaways A recent federal court ruling reversed a rule that would have removed medical debt from credit reports, meaning this debt can continue to negatively
Giving to Grandkids? Consider Gift Tax, 529 Plans, and More
Takeaways Grandparents should clarify whether financial assistance for their grandkids is a gift or a loan. Consider 529 plans for education funding to ensure fairness
Can Oregon Launch Universal Health Care in the U.S.?
Takeaways Oregon is seeking to establish a statewide, single-payer health care system after Vermont failed in its attempt. The state is moving slowly and carefully,
High Earners Over Age 50 Will Lose a 401(k) Tax Break
Takeaways Starting in 2026, employees aged 50 and older who earn over $145,000 must make 401(k) catch-up contributions on an after-tax (Roth) basis, losing the
Probate Law: A Look Across States
Takeaways Probate is a legal process for settling an estate. It can be costly and time-consuming but can often be avoided through various estate planning
Protecting Loved Ones From Funeral Debt
Takeaways The median cost of a funeral (viewing and burial) is over $8,000 in the United States and over $6,000 for cremation, according to 2023
Survey Highlights Inheritance Expectation Gap
Takeaways There’s a notable “inheritance expectation gap” between older adults’ plans to leave inheritances and younger adults’ expectations of receiving them, as revealed by a
