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Some Medicare beneficiaries are surprised with premium surcharges, which can triple premiums. Here’s...
Fortune via Yahoo Finance· 1 year agoPremiums for Medicare Part B (which covers some doctor’s bills, home health care, and medical...
Why You Could Pay $4,747 Extra for Medicare in 2023
Motley Fool· 2 years agoTens of millions of Americans 65 and older take advantage of Medicare health coverage. For the majority of them, hospital insurance coverage under...
Medicare: This "Gotcha" Can Cost You Thousands
Motley Fool· 2 years agoMedicare covers tens of millions of Americans, most of whom are 65 or older. Because 65 is the earliest age at which most people can claim Medicare...
5 tax tips for older adults
AP Finance via Yahoo Finance· 1 year agoMore than half of older taxpayers (57%) are worried they’ll have to pay more taxes this year because of the 5.9% Social Security cost-of-living...
Liz Weston: Will you face a tax bomb in retirement?
Associated Press via Yahoo News· 1 year agoThe money you’re stuffing into your 401(k) and other retirement accounts has to be withdrawn someday. If you’re not strategic about how you save, you...
How seniors can manage the looming deadline for mandatory retirement withdrawals
Yahoo Finance· 1 year agoFor decades, you’ve been socking away retirement savings allowing them to grow tax-free. If you...
Liz Weston: How to reduce your ‘widow’s penalty’
Associated Press via Yahoo News· 7 months agoAfter a spouse dies, the survivor often ends up paying higher taxes on less income — something known by accountants and financial planners as the...
Excited for a Boost in Social Security Benefits? It Could Drive Up Your Medicare Costs.
Motley Fool· 1 year agoSeniors on Social Security had a hard time coping with inflation in 2022. This year, seniors on...
3 Reasons a Large Social Security Cost-of-Living Adjustment Is Bad News
Motley Fool· 2 years agoWill Social Security's next cost-of-living adjustment (COLA) make 2022's seem negligible? There's...
Here's Why a Roth IRA Offers Incredible Tax Savings In Retirement
Motley Fool· 1 year agoRoth IRAs are tax-exempt retirement accounts that offer a number of unique features. While your Roth...