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Amazon must now hand identity-theft victims the fraud records tied to accounts opened in their names, free and within 30 days, after a $2.25 million federal order.

Warren Cohen3 weeks ago3 weeks ago010 mins

An identity-theft victim’s hardest task is often simply proving what was stolen. The records that show which account was opened, what was ordered, and where it shipped sit inside the retailer’s systems, and getting them released can decide whether a police report goes anywhere. A federal order against Amazon has now made clear that handing…

a couple of people that are looking at a tablet

Oppenheimer will pay $70 million to brokerage customers who say the firm shortchanged the interest on cash sitting idle in their accounts, with claims due September 17.

Warren Cohen3 weeks ago3 weeks ago011 mins

Cash that a brokerage customer leaves uninvested does not simply sit there. It is swept into a bank deposit program that earns interest, and how much of that interest reaches the customer has become one of the most closely watched disputes in the investment industry. Oppenheimer & Co. has now agreed to pay $70 million…

Pessimistic couple stressed with so many bills to pay

A bill-payment site will pay $2.1 million after regulators said it posed as people’s utility and lender to skim hidden fees onto their payments.

Warren Cohen3 weeks ago3 weeks ago011 mins

When a bill comes due, most people search for the biller’s website and pay through what looks like the official channel. Federal regulators say one company built a business by inserting itself into that moment, dressing up its own service to look like the utility or lender a customer meant to pay, and quietly adding…

Image Credit: Shixart1985 - CC BY 2.0/Wiki Commons

The online price you see may be set by your own personal data.

Warren Cohen3 weeks ago3 weeks ago011 mins

The price a shopper sees online may not be the same price the next person sees, and the reason could be sitting in that shopper’s own digital trail. Federal regulators have now put a name to the practice and opened a formal review of it. The Federal Trade Commission is proposing rules of the road…

Home For Sale Real Estate Sign and Beautiful New House

Selling a home in retirement can shield up to $250,000 of profit from tax, or $500,000 for a couple, a break Congress has not raised since 1997.

David Keller3 weeks ago3 weeks ago010 mins

For many retirees, the family home is the single largest asset they own, and selling it can free up a substantial sum to fund the years ahead. What often goes overlooked is how much of that sale price the tax code lets a homeowner keep. A long-standing federal break allows a seller to shield a…

Image Credit: Vilma Liella - CC BY-SA 2.0/Wiki Commons

Original Medicare pays nothing for routine dental, hearing aids or long-term care.

David Keller3 weeks ago3 weeks ago010 mins

Millions of Americans enroll in Medicare expecting it to function like the comprehensive health insurance they carried during their working years. Then a dental bill, a quote for hearing aids, or a nursing-home estimate arrives, and the gap becomes painfully clear. Original Medicare, the government-run coverage that pairs hospital and medical benefits, leaves three of…

person walking on hallway in blue scrub suit near incubator

Medicare covers a skilled-nursing stay for only 100 days, then the bill is yours.

David Keller3 weeks ago3 weeks ago010 mins

One of the most expensive misunderstandings in retirement is the belief that Medicare will pay for an extended nursing-home stay. It will not. Original Medicare covers a stay in a skilled-nursing facility for a strictly limited stretch, and once that clock runs out the cost of care shifts entirely onto the patient and family. Understanding…

a woman with a stethoscope listening to a patient

A retiree who tries Medicare Advantage can return to Original Medicare in the first year and buy a supplement policy no insurer can refuse.

David Keller3 weeks ago3 weeks ago010 mins

Choosing a Medicare Advantage plan can feel like a decision a retiree is stuck with, but federal law builds in a first-year escape hatch that few people use in time. A retiree who tries Medicare Advantage under the right circumstances can walk it back within the first 12 months, return to Original Medicare, and buy…

Middle aged black male doctor consulting senior caucasian female patient

Original Medicare has no annual limit on what a patient pays out of pocket, so one serious illness can leave a retiree owing 20% of very large bills.

David Keller3 weeks ago3 weeks ago010 mins

Most private health plans put a ceiling on what a member can lose in a bad year. Original Medicare does not. A retiree covered only by Parts A and B faces no annual cap on out-of-pocket spending, which means the 20 percent share Medicare leaves to the patient has no upper limit. In an ordinary…

Focused thoughtful gray-haired mature man doctor studying medical report of patient, working with paper documents sitting at desk in office room in medical clinic.

Sign up for Medicare Part B late and pay a 10% penalty for life.

David Keller3 weeks ago3 weeks ago010 mins

Missing the window to enroll in Medicare Part B is one of the few mistakes in retirement that keeps costing money for the rest of a person’s life. Sign up after the deadline without qualifying coverage in the meantime, and Medicare tacks a surcharge onto the monthly premium that generally never comes off. The penalty…

Amazon must now hand identity-theft victims the fraud records tied to accounts opened in their names, free and within 30 days, after a $2.25 million federal order.

Oppenheimer will pay $70 million to brokerage customers who say the firm shortchanged the interest on cash sitting idle in their accounts, with claims due September 17.

A bill-payment site will pay $2.1 million after regulators said it posed as people’s utility and lender to skim hidden fees onto their payments.

The online price you see may be set by your own personal data.

Selling a home in retirement can shield up to $250,000 of profit from tax, or $500,000 for a couple, a break Congress has not raised since 1997.

Original Medicare pays nothing for routine dental, hearing aids or long-term care.

Medicare covers a skilled-nursing stay for only 100 days, then the bill is yours.

A retiree who tries Medicare Advantage can return to Original Medicare in the first year and buy a supplement policy no insurer can refuse.

Original Medicare has no annual limit on what a patient pays out of pocket, so one serious illness can leave a retiree owing 20% of very large bills.

Sign up for Medicare Part B late and pay a 10% penalty for life.

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