Major changes to prescription drug affordability for more than 50 million beneficiaries enrolled in Medicare Part D are likely on the way because of a bill headed to the president’s desk. The Inflation Reduction Act “finally delivers on a promise that Washington has made for decades to the American people … We’re giving Medicare the……
Buying an electric vehicle just got more complicated — but cheaper, if you can find the right model. The Inflation Reduction Act — a centerpiece of President Joe Biden’s plan to tackle climate change and reduce inflation — renews the existing $7,500 tax credit for new EVs and introduces a $4,000 credit for used EV……
It’s important to sign up for a Medicare Part D prescription drug plan when you enroll in Original Medicare or Medicare Advantage. If you wait too long and sign up later, you’ll face a late enrollment penalty that permanently increases your Part D premiums. The penalty also applies if you drop your Medicare Part D……
No analyst or economist (or journalist) can know the future for certain. But if the past several months are any indication, it looks like we’ll continue to see a healthy increase in interest rates throughout the rest of 2022. There are quite a few macroeconomy mechanisms that can affect interest rates. Let’s break down how……
Speculation about a looming recession is putting pressure on many small-business owners to protect themselves against a downturn, and experts say it’s not too early to start preparing. A June 2022 Goldman Sachs survey of over 1,500 small businesses found that 93% are worried about a recession happening in the next 12 months, which could……
There are a few ways to dispute an issue on your credit report, including mailing a letter to the credit bureaus. Your credit dispute letter should detail the error (or errors) you found on your credit report. Your letter should also include copies of important documents to help the bureaus conduct an investigation. See a……
Amid rising inflation, interest rates and recession worries, money is getting tighter for many folks — and probably for you. Yet there may be charitable organizations you want to support, friends or family asking for financial help and things you want to buy for yourself. It’s possible to do these things even on a limited……
Search the internet for “student debt stories,” and you’ll easily find dozens of anxiety-ridden tales of student loan borrowers struggling to keep up with enormous debt balances that have swelled out of control due to compounding interest. Very few of those stories, however, end in total debt forgiveness. But that’s exactly what happened with Kristin……