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Benefits & Credits 112

Older couple reviewing retirement account statements at a kitchen table Could a Missed RMD Cost You 25% in 2026? Here’s How to Avoid It Watch the 60-second summary on YouTube → If you have money sitting in a traditional IRA, a 401(k), or a similar tax-deferred retirement account, the IRS eventually wants you to… Comments 0 2026.07.16
Senior reviewing Medicare Part D prescription drug costs at home Will You Hit Medicare Part D’s $2,100 Cap in 2026? How the Coverage Phases Work Watch the 60-second summary on YouTube → If you take prescription drugs regularly, you’ve probably heard that Medicare Part D changed in a big way. Starting in 2025, the confusing… Comments 0 2026.07.16
Canadian senior couple reviewing Guaranteed Income Supplement paperwork at home Already Getting OAS? You Might Be Missing This Extra Monthly Payment If you’re already collecting Old Age Security (OAS) and your income is modest, there’s a good chance you qualify for extra money every month — and you may not even… Comments 0 2026.07.16
Pharmacist assisting a senior with prescription pickup under Medicare Extra Help $5.10 a Prescription: What Medicare Extra Help Actually Pays For in 2026 Medicare Extra Help can cut Part D premiums, deductibles, and copays to nearly zero in 2026 — see the income and resource limits and how to apply through Social Security. Comments 0 2026.07.15
Home thermostat and utility bills representing LIHEAP energy assistance Apply for LIHEAP Before Your State’s 2026 Funding Runs Out LIHEAP can pay $400-$1,500+ toward heating and cooling bills in 2026 — see the federal income limits, how state application windows work, and how to apply for energy assistance. Comments 0 2026.07.15
Canadian senior couple reviewing OAS pension documents at home OAS Rises to $762.50 a Month ($838.75 at 75) — Here’s Where the Clawback Starts Old Age Security payments rise again in 2026 — see the latest quarterly OAS amounts for ages 65-74 and 75+, how the CPI adjustment works, and the income level that… Comments 0 2026.07.15
Family reviewing adoption paperwork and Form 8839 at home How to Claim the Adoption Tax Credit’s New Refundable Portion on Form 8839 Adoptive families filing federal tax returns in 2026 have a big reason to pay closer attention to Form 8839: for the first time in the credit’s history, a portion of… Comments 0 2026.07.14
Canada Workers Benefit overview - worker reviewing pay stub and tax documents Who Qualifies for the Canada Workers Benefit in 2026, and How Much Could You Get? If you’re a low-income worker in Canada, the Canada Workers Benefit (CWB) could put real money back in your pocket at tax time — and some of it can arrive… Comments 0 2026.07.14
person reviewing tax documents on a laptop at a kitchen table $8,231: The Maximum Earned Income Tax Credit for 2026 Filers With Three or More Kids Watch the 60-second summary on YouTube → If you’re a low- to moderate-income worker, the Earned Income Tax Credit (EITC) could put thousands of dollars back in your pocket —… Comments 0 2026.07.14
person comparing ACA Marketplace health insurance plans on a laptop Bronze and Catastrophic ACA Plans Can Now Open an HSA Under a New 2026 Rule Watch the 60-second summary on YouTube → If you’re enrolled in a Bronze or Catastrophic plan on the ACA Marketplace, 2026 brings a change that’s been years in the making:… Comments 0 2026.07.13