Social Security and Medicare taxes fall under the FICA umbrella, but there are differences between them; they key distinction ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Roth conversions offer a strategic solution for retirees to reduce taxes, maximize retirement income, and leave a legacy of ...

Medicare premiums for 2026, as well as the costs of Parts A, B, and D, have increased. Here is how much you'll pay in 2026.

If you plan to max out your contributions to your 401(k) or IRA next year, you will get to save a little more than you could ...

Avoid costly Medicare mistakes. Learn the most confusing Medicare facts that lead to care delays and how to make informed ...

No. For lower-income households receiving Social Security benefits, the $17.90 a month hike in the Medicare Part B premium ...

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Starting in 2026, Medicare will implement a $2,000 annual cap on out-of-pocket drug spending. This change is in the Inflation ...

Not only do Medicare Advantage plans limit your annual out-of-pocket spending, but many offer expanded services beyond what ...

Part A (inpatient hospital) costs: The 2026 Part A deductible will increase by $60 from 2025 to $1,736. This deductible ...

IRMAA is a surcharge that some Medicare enrollees must pay in addition to regular Medicare Part B and Part D premiums. The ...