Spousal benefits are commonly called family benefits; benefits available to family members. Let’s start with spousal benefits in order to truly understand ex-spousal benefits. Current…
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
If you are renting an apartment for the first time, there are likely many questions swirling in your mind. You…
It is not surprising that we find mental illness across all age ranges. Being over 65 is no exception. Some…
On November 8, the Centers for Medicare and Medicaid Services announced the Medicare premiums and costs for 2025. Let’s take…
President Trump’s Victory Means Estate Planning Changes, Not That it Should Be Ignored With President Trump’s victory, and Republican control…
Tens of millions of private-sector workers lack access to a retirement savings plan through their employer, which experts at the AARP Public Policy Institute warn…
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Some of the most profound truths are those, once revealed, that seem self-evident. And that…
The Centers for Medicare and Medicaid Services is notifying almost 950,000 Medicare beneficiaries that their…
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2025 Medicare Changes Every year there are changes to Medicare Advantage Plans and Social Security.…
Mortgage rates continued their upward climb this week, leaving demand essentially flat in the stagnant…
Most economists who had to describe healthy, stable growth would end up largely describing today’s…
Daughter of elderly mother (EM) called in a bit of a panic. She had just…
If you asked 100 people what the purpose of financial planning is, the reflexive answer…
When’s the last time you made a friend? Not just someone you see at work,…
Blended Families May Be At Greater Risk For Family Disputes Sometimes money and the need to care for aging parents…
The IRS has announced that the amount of tax-favored funds that you can sock away for retirement is increasing. In…
There are significant tax-reduction opportunities available when employer stock is held in a 401(k) plan. The opportunities are more significant…
The whole point of retirement is to improve your life—at least, that’s the case for most people. However, many people…
Most people at or near retirement age will say they want to remain at home as long as possible. That…
Mortgage rates continued their upward trajectory this week, climbing for a month straight while further pushing down demand in the…
The Consumer Financial Protection Bureau (CFPB) on Wednesday ordered Apple and Goldman Sachs to pay $89 million over mishandled transaction…
The upcoming election is only days away, and the two presidential candidates remain in a statistical dead heat. Control of…
Subsidizing home care for aging adults has been discussed in decades past. Now it is part of the political discussion…
A new push to move credit card users to a digital statement will now come with a penalty for those…
As the 2024 election approaches, candidate Vice President Harris and Former – President Trump promise to protect Social Security, but…
Americans saw mortgage rates soar during the Federal Reserve's aggressive campaign to fight inflation, leading many to hope for a…
There aren’t many absolutes in financial planning. There are, however, many—MANY—opinions. Advisors, personal finance gurus, and online opine-ers regularly die…
Estimated tax requirements are a frequent problem for retirees, with many incurring penalties for underpaying their estimated taxes. Fortunately, there’s…
Another 60,000 student loan borrowers will receive student loan relief in the coming weeks. The Biden Administration announced $4.5 billion…
Many pre-retirees and retirees make serious mistakes regarding their retirement income and spending for living expenses. This is very understandable,…
Since January 1, 2023, there has been a cap on insulin for Medicare beneficiaries. The cap applies to those who…
Mortgage rates continued their upward climb this week, further hindering demand in the housing market amid elevated rates and high…
The Biden-Harris administration on Thursday announced another round of student loan handouts, removing $4.5 billion in debt for more than…
The Medicare Prescription Payment Plan (MPPP, M3P or MP3) will take effect January 1, 2025. It will allow those who…
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public…
Kamala Harris on Wednesday distanced herself from President Joe Biden and bashed her Republican presidential rival Donald Trump in a…
Intel products sold in China should be subject to a security review, the Cybersecurity Association of China (CSAC) said on Wednesday, alleging the US chipmaker…
The start of the Medicare Open Enrollment Period revealed major changes in the availability of plans and pricing. The biggest…
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