Fed Raises Rates a Quarter Point, First Increase Since 2023
SavingAdvice.com Blogby James Hendrickson22d ago
The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, the first increase since July 2023.
SavingAdvice.com Blog
savingadvice.comadded August 2026
top 33%Should Retirees Pay Property Taxes Monthly or Save for the Annual Bill?
SavingAdvice.com Blogby Drew Blankenship23d ago
Paying off a mortgage can create a wonderful feeling of financial freedom, but it can also produce an unpleasant surprise when the next property tax bill arrives.
Your Savings Account Rate Could Change After September 16—How Fast Can Your Bank Cut It?
SavingAdvice.com Blogby Drew Blankenship23d ago
If you’ve been enjoying a better return on your savings, September 16 is a date worth watching. The Federal Reserve is holding its September policy meeting on September 15–16, and changes in...
Retired With $50,000 in Savings? Here’s What a 10-Year Withdrawal Plan Could Actually Look Like
SavingAdvice.com Blogby Drew Blankenship23d ago
Having $50,000 saved at retirement can feel like a substantial cushion until you start dividing it across the years ahead.
18 Attorneys General Warn Federal Crypto Bill Could Weaken State Fraud Protections
SavingAdvice.com Blogby Amanda Blankenship23d ago
A bipartisan group of 18 attorneys general is urging Congress to reject a major cryptocurrency bill, warning that it could make it harder for states to pursue crypto fraud and protect investors.
That Prescription Is Moving to a Different Tier Next Year — What Could It Cost?
SavingAdvice.com Blogby Drew Blankenship24d ago
A prescription that costs $10 or $20 today may not cost the same amount when your Medicare drug coverage resets in January.
Should Retirees Keep Paying for Life Insurance After the Mortgage Is Gone?
SavingAdvice.com Blogby Drew Blankenship24d ago
Paying off the mortgage can change retirement finances overnight. A household that once needed life insurance to make sure a surviving spouse could keep the house may suddenly have no home loan...
Widowed and Still Working? This Social Security Rule Can Be Especially Confusing
SavingAdvice.com Blogby Drew Blankenship24d ago
Losing a spouse can force someone to make major financial decisions while they’re still working, paying a mortgage, supporting family, or trying to rebuild a retirement plan.
HHS Adds $1.08 Million to Expand Mental Health Training and Resources for Older Adults
SavingAdvice.com Blogby Amanda Blankenship24d ago
A federal program designed to help aging-service professionals recognize and respond to mental health and behavioral health concerns among older adults is getting more than $1 million in additional...
Is $5,000 Enough for a Retirement Emergency Fund? Run These 5 Expenses First
SavingAdvice.com Blogby Drew Blankenship25d ago
Having $5,000 sitting safely in the bank can feel reassuring after you retire. After all, the traditional reason for keeping months of expenses in cash (suddenly losing your paycheck) changes once...
What Happens to Medicare When a Retiree Moves to Another State?
SavingAdvice.com Blogby Drew Blankenship25d ago
Moving from Ohio to Florida, California to Arizona, or any other state doesn’t mean starting Medicare from scratch.
A $2,071 Social Security Check Sounds Livable — Until These 6 Bills Come Out First
SavingAdvice.com Blogby Drew Blankenship25d ago
A monthly Social Security check of $2,071 may sound workable, particularly for someone entering retirement with a paid-off car, a modest lifestyle, and few debts.
The Car Is Paid Off at Retirement — How Much Should Still Be Budgeted for Driving?
SavingAdvice.com Blogby Drew Blankenship26d ago
Making the final car payment shortly before retirement feels like eliminating an entire category from the monthly budget.
Downsizing in Retirement Can Save Money — But These 6 Costs Can Erase the First-Year Savings
SavingAdvice.com Blogby Drew Blankenship26d ago
Selling a large house and moving somewhere smaller sounds like straightforward retirement math: lower property taxes, cheaper utilities, less maintenance, and perhaps a pile of home equity left...
Social Security Withheld Benefits Because You Worked Too Much — Here’s What Happens to That Money Later
SavingAdvice.com Blogby Drew Blankenship26d ago
Imagine claiming Social Security at 63, returning to work, and then discovering that several of your monthly retirement checks won’t arrive because you’re earning too much.
FDA Sets New Rules for AI Software That Flags Possible Heart Conditions
SavingAdvice.com Blogby Amanda Blankenship26d ago
Artificial intelligence is increasingly being used to help doctors identify patients who may need additional testing for heart conditions, and the Food and Drug Administration has now formally...
Brooklyn Adult Daycare Owner Gets 76 Months in Prison After $64 Million Medicaid Fraud Scheme
SavingAdvice.com Blogby Amanda Blankenship26d ago
A Brooklyn adult daycare owner is headed to federal prison after prosecutors say her businesses billed Medicaid approximately $64 million through a years-long scheme involving kickbacks, bribes...
Social Security Faces a 2032 Deadline—Sen. Bill Cassidy Explains His Two-Part Plan
SavingAdvice.com Blogby Max Erkiletian26d ago
Sen. Bill Cassidy, R-La, is leaving the United States Senate at the close of his term in January, but he is not leaving the fight for a permanent solution to Social Security funding reform.
Taking These 3 Supplements Every Day? Check How Much You’re Actually Getting
SavingAdvice.com Blogby Drew Blankenship27d ago
A multivitamin with breakfast, a calcium tablet after lunch, and magnesium before bed can feel like three completely separate health habits.
Putting an Adult Child in Charge of Your Money: The Power-of-Attorney Traps Families Find Too Late
SavingAdvice.com Blogby Drew Blankenship27d ago
Naming your son or daughter to handle your finances if you become sick can seem like one of the simplest decisions in retirement planning.