It’s been almost two years since the Centers for Medicare and Medicaid Services (CMS) introduced the new Medicare Plan Finder (MPF) in September 2019. I wrote nine posts during the last four months of that year, describing a variety of issues with this new tool. Most disappointing to me was that the new Plan Finder did not
Month: May 2021
Beachgoers sunbathe and swim at a beach in Portimao, Algarve region, Portugal. NurPhoto | NurPhoto | Getty Images LONDON — The tables have turned for the Portuguese hotel industry on one announcement. The U.K. government said on Friday that from May 17 travelers from England will not need to quarantine when returning from Portugal. They
In this article CBCPQ Fuel tanks are seen at Colonial Pipeline Baltimore Delivery in Baltimore, Maryland on May 10, 2021. Jim Watson | AFP | Getty Images Colonial Pipeline restarted operations Wednesday at approximately 5 p.m. ET after a ransomware attack last week forced the entire system offline on Friday evening. The company did warn,
President Joe Biden delivers remarks on the state of his American Rescue Plan from the State Dining Room at the White House in Washington, D.C., U.S., May 5, 2021. Jonathan Ernst | Reuters President Joe Biden is calling for higher taxes on wealthy Americans to cover child care, paid family leave, education programs and other
The Internal Revenue Service is conducting an “ongoing, extensive investigation involving substantial IRS resources” into cryptocurrency holders. As part of that investigation, the IRS is serving “John Doe” summons on various cryptocurrency companies, seeking court orders to require cryptocurrency exchanges to turn over account holder’s names and other key identifying information. On May 5, 2021,
Last month, the median rental price in Manhattan by 4% compared to March, the first dip in five months, according to new data from Douglas Elliman Real Estate and Miller Samuel. Those deals, as well the city’s continued reopening, helped push the number of new leases in Manhattan, Brooklyn and Queens to record highs. “There’s
Tetra Images | Tetra images | Getty Images Over the last year, lawmakers have passed many tax breaks for businesses due to the coronavirus pandemic. Now, the Biden administration is encouraging the hardest-hit businesses to take advantage of one especially large tax break, the employee retention credit. The employee retention credit was first established in
While widely recognized, ESG is an umbrella term that often means different things to different people. But at its core, ESG references environmental, social and corporate governance factors that provide a framework for investors seeking to invest in companies that are creating solutions to the challenges we face in today’s world. The global pandemic has
In this article ARKK ARKF Investors in technology stocks should buckle up for a wild ride as the group turns toxic in a rising inflation environment, CNBC’s Jim Cramer said Wednesday. “If you own the turbo-charged growth stocks … you either need to steel yourself for the pain or cut your losses on the next
In this article POSH Rafael Henrique | LightRocket | Getty Images Poshmark on Wednesday reported first-quarter revenue growth of 42%, as consumers turned to the secondhand site to refresh their wardrobes without breaking the bank. “There’s a real meaningful shift as people are preparing for reopening,” said Manish Chandra, founder and Chief Executive, in a
In this article @DJ.1 @SP.1 @ND.1 A passenger wears a protective mask at the Wall Street subway station in New York, on Monday, March 30, 2020. Michael Nagle | Bloomberg via Getty Images Futures contracts tied to the major U.S. stock indexes held steady at the start of the overnight session Wednesday, just hours after
Samuel Corum/Bloomberg via Getty Images There’s still time to make health savings account contributions for 2020. Those with high-deductible health plans have until the extended tax-filing deadline, May 17, to make HSA contributions for 2020. Self-only plans allow deposits of up to $3,550, while those with family coverage may save as much as $7,100. This
Tara Moore | Getty Images Social Security beneficiaries could be in for a bigger cost-of-living adjustment next year, if current economic trends continue. But just how much farther an increase to those monthly benefit checks will go will depend a lot on inflation. The Senior Citizens League, a nonpartisan senior group, released its first official
kate_sept2004 | E+ | Getty Images A new batch of $1,400 stimulus checks has been issued to Americans, bringing the total number of payments sent to about 165 million, or $388 billion. This marks the ninth set of payments since the $1,400 stimulus checks were authorized by Congress in March. The checks are for up
The Internal Revenue Service has announced new, higher contribution limits for health savings accounts for 2022. Are you maxing out these benefits? At the end of January, Americans held $82.2 billion in 30 million health savings accounts, according to HSA advisory firm Devenir. That’s a year-over-year increase of 25% for HSA assets and a 6%
Real estate investors know that not every purchase they make is going to be a win. In a few cases, you’ll end up with a dud, where a property that looked good at first ends up being more trouble than it’s worth once you’ve bought it. This is why no investor should go into a
Ariel Skelley | DigitalVision | Getty Images A lack of paid leave and access to quality child care has long been an issue for working parents in the U.S., advocates argue. The coronavirus pandemic has only exacerbated the issue, with some parents — mainly women — ditching their jobs to care for their kids. A
The federal agency that regulates nursing homes, the Centers for Medicare and Medicaid Services (CMS), will require facilities to publicly report covid-19 vaccination rates for staff and residents starting May 21. The rule is likely to press operators to boost staff vaccine rates to at least the 75 percent rate that industry trade groups have
People take breakfast at Bill Smith’s Cafe, after Texas Governor Greg Abbott issued a rollback of coronavirus disease (COVID-19) restrictions in McKinney, Texas, March 10, 2021. Shelby Tauber | Reuters The restaurant industry is poised for a roaring comeback this summer, but understaffed eateries could dampen growth. One potential solution for business owners: hire more
The logo of MoneyGram seen at a sore in San Ramon, California, on March 26, 2019. Smith Collection | Gado | Getty Images MoneyGram will let people in the U.S. withdraw their cryptocurrency holdings in cash, marking another step from mainstream financial institutions toward acceptance of nascent digital currencies. The money transfer firm said Wednesday
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