This 2025 Medicare Change Could Be a Lifesaver for Those on Prescription Drugs
Medicare Part D plans save seniors a lot of money on retirement healthcare costs compared to paying for their prescriptions completely out of pocket, but they come with plenty of costs of their own. The average Part D plan has a monthly premium of $55.50, according to the National Council on Aging. Then, there’s a […]
Costco Just Dropped These 6 Incredible Deals
Image source: Upsplash/The Motley Fool Of all the stores across the country, Costco may well be our favorite here at The Ascent, and because of that, we’re always looking out for great deals to tell you about. I’ve got some good news! Costco has just dropped six incredible deals that you definitely need to check […]
Can You Afford to Buy a House? Here’s How to Find Out
Image source: Upsplash/The Motley Fool The last few years haven’t been the best time to become a homeowner, thanks to a fine combination of higher home prices and higher mortgage rates. But thanks to the first (of likely multiple) Federal Reserve rate cuts, we could see mortgage rates continue falling. As of this writing, the […]
Costco Is Changing This Fan Favorite. Stock Up Before It’s Too Late.
Image source: Getty Images I’ve been a loyal Costco shopper for 18 years. And for as long as I can remember, one of my favorite items to buy at the store has been the giant bakery muffins. For the past five years or so, we’ve had a tradition in my house called “Muffin Saturdays” where […]
This Social Security Move Takes Just Minutes but Could Transform Your Retirement
Preparing for retirement takes decades of consistent work, and it can sometimes be a tedious and challenging process. However, not all aspects of retirement planning take years, and sometimes the simplest moves can make an enormous difference to your finances. For those who will be relying on Social Security in retirement, it’s wise to start […]
Open Enrollment Is Here: 3 Signs It’s Time to Change Your Medicare Advantage Plan
Medicare enrollees have the option to change their health coverage each year during fall open enrollment, which runs from Oct. 15 through Dec. 7. If you’re on Medicare Advantage, you may be wondering if it pays to sign up for a new plan for 2025. Here are a few signs that you should at least […]
Want to Be Rich? These 3 Things Matter More Than Income
Image source: Getty Images Have you ever taken a look at your paycheck and wondered how it might compare to what your friends and neighbors are earning? It’s natural to wonder how your salary stacks up. Recent research from The Motley Fool Ascent finds that the median U.S. household income was $80,610 in 2023. At […]
Social Security’s 2025 Cost-of-Living Adjustment (COLA) Is a Bit of a Downer. But There’s a Silver Lining for Some Early Claimers.
Social Security’s 2025 cost-of-living adjustment (COLA) didn’t come as a surprise to many who have been keeping an eye on the inflation data. But that doesn’t stop it from disappointing the millions of retirees who were hoping for more. The 2.5% increase will add just $49 to the $1,927 average Social Security check next year. […]
This Social Security Change Will Deal Higher Earners a Blow in 2025
The money to fund Social Security doesn’t just come out of thin air. Rather, the program gets the bulk of its funding from payroll taxes. As you work and earn money, you pay a portion of that into Social Security. If you pay enough Social Security tax in your lifetime, you’re then eligible for benefits […]
