A news and educational resource pooling excerpts from various news and information sources from the web for the Federal Retiree.
Article Excerpt: "...Series Overview
The Accident unfolds with a seemingly joyful birthday celebration that turns into a disaster when strong winds cause an accident resulting in the deaths of three young children. The ensuing blame and conflict among the adults expose deep-seated guilt and fracture relationships within the community. ..."
Article Excerpt: "...Amazon is planning to sell a paid subscription for an artificial intelligence-revamped version of Alexa that could cost as much as $10 a month. ...Amazon founder Jeff Bezos owns The Washington Post. ..."
Article Excerpt: "...In 2024, there are seven federal income tax rates and brackets: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Taxable income and filing status determine which federal tax rates apply to you and how much in taxes you'll owe that year. ...10%: $0 to $11,600-Single, $0 to $23,200-Married, $0 to $16,550-Head-of-Household ..."
Article Excerpt: "...Once you’ve signed up for Part A (Hospital Insurance) and Part B (Medical Insurance), you can choose which way you get your health coverage. Choice 1: Do you want Original Medicare or Medicare Advantage? There are 2 main ways to get your Medicare coverage – Original Medicare and Medicare Advantage. ..."
Article Excerpt: "Some people get Medicare Part A (Hospital Insurance) and Part B (Medical Insurance) automatically, and some have to sign up for it. ..."
When you apply for retirement or disability benefits from Social Security (or the Railroad Retirement Board), it also serves as your application for Medicare. Once you get approved for Social Security or Railroad Retirement Board benefits, you’ll automatically get Part A coverage (without having to pay a premium for it) once you’re eligible for Medicare.
If you’re getting benefits from Social Security (or the Railroad Retirement Board) at least 4 months before you turn 65, you’ll automatically get Part A coverage. You’ll also be signed up for Part B (unless you live in Puerto Rico or outside the U.S.). Because you pay a monthly premium for Part B coverage, ...
Article Excerpt: "...As the boomers’ ‘silver tsunami’ crests, the age once synonymous with retirement means something very different... In 2024, the country will see “the beginning of what we call the Peak 65 zone, when we’ll see the largest surge of Americans turning 65 in our history,” ..."
Article Excerpt: "...Longer lifespans have given older singles the opportunity to have new, long relationships. But they need to first accept that it likely will be different this time around. ..."
Article Excerpt: "...It may seem difficult, even scary, to find love again later in life. But I’m happy to share that many of my clients have found new love after 60- even into their 70s and beyond! So how do you increase your chances of finding love after 60? ..."
Article Excerpt: "...42 states have emergency regulations or price-gouging statutes Price-gouging is often defined in terms of the three criteria...In a 2012 survey of leading American economists by the Initiative on Global Markets, only 8 percent agreed with a proposal to prohibit "unconscionably excessive" price gouging"
Article Excerpt: "...The scarring effects of inflation have fueled a kind of nostalgia regarding Donald Trump’s presidency, from 2017 to 2021. In a recent NBC News poll, 40% of respondents said Trump’s presidency was better than expected, a higher portion saying so than when NBC asked the same question in 2018. Voters consistently say they trust Trump more than Biden on the economy, a crucial deficit for Biden given that the two men are vying for the presidency once again this year. ..."
Article Excerpt: "...Georgia does not tax Social Security retirement benefits and provides a maximum deduction of $65,000 per person on all types of retirement income for anyone 65 or older. The state’s..."
Article Excerpt: "...insurance costs have skyrocketed—and some of her neighbors can’t get it at all. Home insurance costs are up a whopping 102% since 2021—three times the national average.
Mark Friedlander of the Insurance Information Institute also told Fox13: “We’re going to see double-digit increases again in 2024. ”
“Everybody I know got massive rate increases last year or were dropped by their carrier,” laments Newman. Carriers “also want you to replace your roof if it’s over 20 years old, even if it’s in good condition.”
She says many friends are choosing not to pay premiums..."
Article Excerpt: "... The standard monthly premium for Medicare Part B enrollees will be $174.70 for 2024, an increase of $9.80 from $164.90 in 2023. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023 ..."
Article Excerpt: "...Subject to limited exceptions, Postal Service annuitants who retire and become entitled to Medicare Part A after January 1, 2025, and their family members who are entitled to Medicare Part A will be required to enroll in Medicare Part B as a condition of eligibility to enroll in the PSHB Program. ..."
Article Excerpt: "despite receiving less claims and processing more claims than in June, the backlog still increased in size for the second month in a row.
OPM received 6,451 retirement claims in July, 468 less than June’s total of 6,919 claims received. ..."