ST. PAUL, Minn. (2/23/16)--One in four Americans are having difficulty paying for medications. Last year, total U.S. spending on prescription drugs by individuals, insurers, and governments jumped 13%--the largest increase since 2001. Certain demographics are feeling the crunch more than others (NextAvenue Feb. 1)
NEW YORK (2/2/16)--Becoming a landlord can be a profitable move, according to the online real estate site Trulia, but, it’s not a passive investment--it’s a small business. Take on the commitment only after you’ve given it careful consideration and research (CBS MoneyWatch Jan. 25).
The impending disappearance of two popular Social Security filing strategies in May 2016--“file and suspend” and “restricted application”--could force big changes to the retirement plans of potentially millions of retirement-age married couples and divorcees (The Wall Street Journal Nov. 19).
It’s a trend that’s been going on for years. In an attempt to wring more profit from the biggest shopping day of the year, so many retailers start Black Friday on Thanksgiving that it’s become almost commonplace. But cooperatively owned REI is bucking the trend this year.
When you swipe your credit card, you might not be thinking about what your creditors are doing to make sure they recover the money they just loaned you. But, as you make your next purchase, make sure to protect your credit score.
Rumor has it that the day before Thanksgiving is the busiest air travel day of the year. A different summer day, usually in July or August, actually ends up being the busiest travel day each year, according to the Department of Transportation. More travelers have opted to travel Thanksgiving morning versus the day before.
As prescription drug prices rise, provider networks for Medicare Advantage and individual plans are narrowing. About 30% of enrollees in traditional Medicare might see big hikes in premiums for Medicare Part B. It’s a good time to carefully read the notice you received in September from your Part D or Advantage plan provider.
Nearly half of adults in their 40s and 50s belong to the sandwich generation--the population of middle-aged adults who are taking care of their children and at the same time providing some level of care or support to their elderly parents.
The discussion boards on CUNA’s Compliance Community featured an interesting discussion last week: what is the difference between the terms “share draft” and “checking account”? The correct use is important since credit unions pay dividends, not interest.