Getty Images Workers may want to keep an eye on the balance in their health-care flexible spending account. Temporary rules under the 2020 Cares Act that allowed you to roll over unspent FSA funds from one year to the next or gave you longer to spend the money — if your company adopted the provisions
Month: October 2022
Geber86 | E+ | Getty Images As the U.S. economy attempts to find its footing as it emerges from the Covid-19 pandemic, two looming uncertainties have emerged: persistent high inflation and a possible recession. So it’s no surprise that financial advisors who landed on the CNBC FA 100 list for 2022 are hearing about those
For you, a vaccination is a vaccination; it protects you against something. But, under Medicare, all vaccines are not equal and that means you probably paid more for some than for others. The coverage for a vaccine depends on the part of Medicare under which it falls. Part B, medical insurance, covers most vaccines that
Social Security is supposed to be inflation-proof. It’s anything but. Today’s the day tens of millions of retirees learn about their annual Social Security “bonus.” I’m referring to the system’s COLA (Cost-of-Living Adjustment), which, as announced on Thursday, will raise recipients’ benefits by 8.7% starting with checks received in January. The COLA is supposed to
In this article KR ACI Follow your favorite stocksCREATE FREE ACCOUNT Kroger could announce a deal to buy rival grocery company Albertsons this week, sources told CNBC’s David Faber. Shares of Albertsons jumped and were briefly halted Thursday morning after news that two companies are deep in talks. The stock was up more than 11%
China’s consumer price index increased by 2.8% in September from a year ago as prices of food, especially pork, rose. Future Publishing | Future Publishing | Getty Images BEIJING — China’s consumer prices rose in September at their fastest pace in more than two years as pork prices climbed, the National Bureau of Statistics said
Delmaine Donson | E+ | Getty Images The U.S. Department of Education has said that its student loan forgiveness application will go live in “early October.” Yet it’s nearly halfway through the month, and borrowers still can’t apply. Still, the White House has shared new information on what people can expect from the form. Here’s
This is a true story, and it may reflect what many older vets face when they start to lose their independence. We’ll call our vet “Uncle Zach”. At AgingParents.com, we worked with the daughter of a 99 year old gentleman, Tony, with dementia and various health conditions. I would sometimes visit him at home to
In Schweizer v. Comm’r TC Memo 2022-102, the Tax Court held that the denial of a $600,000 charitable deduction for the donation of a work of art was reasonable because the tax return included an incomplete Form 8283 as well as the taxpayer’s reliance, and lack of care and ordinary prudence, on a professionally prepared
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. Dado Ruvic | Reuters Netflix will charge $6.99 per month for its new advertising-supported tier, which the company will roll out in the U.S. on Nov. 3. Netflix’s
Walgreens Boots Alliance on Thursday exceeded fiscal fourth-quarter sales expectations, as the drugstore chain turns itself into a more health-care focused company. The drugstore chain said it anticipates full-year adjusted earnings per share of $4.45 to $4.65 in the coming fiscal year, which is about in line with what Wall Street expected. Yet Walgreens said
In this article GS AAPL Follow your favorite stocksCREATE FREE ACCOUNT Todd Haselton | CNBC Apple will soon allow iPhone users to put credit card rewards from Apple Card and additional funds from separate bank accounts into an interest-bearing savings account. In a press release Thursday, Apple said the feature is expected to launch in
When Mark Cuban was in his 20s, he wanted to get rich and retire by age 35. He succeeded at the first part: At age 32, Cuban sold his first company, a computer consulting business called MicroSolutions, for $6 million. But today, the 64-year-old is still working. And on a recent episode of the “Re:Thinking” podcast with
Tetra Images | Tetra images | Getty Images A majority of U.S. households are taking the possibility of an economic recession seriously, new research suggests. Eighty-four percent of respondents in a recent survey said they are concerned about a recession happening before the end of the year, and 76% said they are making changes to
In this article WMT AMZN TGT Follow your favorite stocksCREATE FREE ACCOUNT Amazon’s Prime Early Access Sale may be over, but the discounts have only just begun. “Black Friday is here,” said Julie Ramhold, a consumer analyst at DealNews.com, noting that sales that traditionally rolled out on the Friday after Thanksgiving Day are starting earlier
Share to Facebook Share to Twitter Share to Linkedin The Social Security Administration announced today that benefits will jump 8.7% for 2023, the largest increase since 1981, when double digit inflation pushed payments up more than 11%. The cost-of-living adjustment (COLA) affects 70 million Americans, including 48 million retired workers and their spouses and dependents;
In February 2022 the IRS issued proposed regulations that surprised a lot of tax advisors and indicated a number of heirs incurred penalties for not taking actions they didn’t know about. In early October the IRS said it would waive those penalties for 2021 and 2022. The proposed regulations were issued under the Setting Every
Few things are more quintessentially, uniquely American than Minor League Baseball. Played out in small and not-so-small cities from Portland, Me. to San Bernardino by teams both affiliated and unaffiliated with Major League Baseball, the summer game on the minor league level proves an affordable, entertaining night out. As a bonus, it’s a coalescing force
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines expects to post another profit in the last quarter
In this article DPZ Follow your favorite stocksCREATE FREE ACCOUNT An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza reported better-than-expected revenue for the third quarter Thursday and stood by its forecast for food cost inflation this year, even though
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