A $1,816 Medicare Limit Could Erase a Major Monthly Bill
A 2026 Medicare Savings Program can pay the Part B premium for qualifying people, and some states use more generous rules than the federal limits.
Money, Wealth & Power—A Daily Look at the Financial World
Social Security, Medicare, Medicaid and SNAP news: payment dates, rule changes, premiums and the deadlines that affect your benefits.
A 2026 Medicare Savings Program can pay the Part B premium for qualifying people, and some states use more generous rules than the federal limits.
Medicare is considering a payment change that could make a routine one-visit appointment less attractive for a doctor to handle all at once. The proposal would cut payment for the lower-priced service when a physician performs both a separately identifiable office visit and a procedure with a global period on the same day. It is…
Nine states came in under the federal accuracy threshold for food assistance last fiscal year. The other 41 did not, and that arithmetic is about to stop being a bookkeeping curiosity and start being a line in state budgets. A law signed in 2025 converted the payment error rate from a performance statistic into a…
Roth IRAs are often pitched as the go-to retirement account for young workers in lower tax brackets. But take a closer look, and you’ll see plenty of high-income earners quietly using Roths to build long-term, tax-free wealth—despite earning too much to contribute the “normal” way. It’s not just about the account itself. It’s about how…
Vice President JD Vance has built a consistent public message around Social Security: benefits will not be cut. He has called the program an “important promise” to older Americans and argued that rooting out fraud, not trimming checks, is the right path to keeping it solvent. But a closer look at the policies taking shape…
Recent federal data shows that some retirement rules Americans grew up hearing about from their parents are now out of date. New trust fund projections from the Social Security Administration, higher contribution limits from the IRS, and updated poverty figures from the Census Bureau suggest that several assumptions that shaped retirement planning for decades no…
Warren Buffett used his 2025 shareholder letter to make a striking claim: if roughly 800 of the largest U.S. corporations matched Berkshire Hathaway’s federal tax contributions, individual Americans would owe nothing to the IRS, and Social Security could be fully funded without raising personal rates. The assertion, delivered alongside Berkshire’s 2024 annual report, doubles as…
Billionaire entrepreneur Mark Cuban recently drew attention to what he called a hidden trap in Social Security, warning that the agency’s rapid shift away from paper checks and phone services could leave millions of seniors stranded. With the Social Security Administration pushing beneficiaries toward electronic payments ahead of a September 30, 2025 deadline, retirees who…
Millions of Gen X workers, born between 1965 and 1980, face a shrinking window to prepare for retirement as Social Security trust funds move closer to depletion. The 2025 Trustees Report projects the Old-Age and Survivors Insurance fund will be exhausted by 2033, with combined trust funds lasting only until 2034, one year sooner than…
The legal architecture governing retirement accounts in the United States contains a structural vulnerability that most savers never consider: in a severe market crash, the securities held inside 401(k) plans and IRAs may not be as firmly “yours” as account statements suggest, and in a broker-dealer failure, those assets can be frozen or pooled under…
How the week's news hits your wallet
One Washington money change, translated every weekday — what it means for your wallet.