Article Snip: "...The recent massive data breach at National Public Data (NPD), a background check company, has potentially compromised the personal information of millions, if not billions, of individuals, including their Social Security numbers, dates of birth, phone numbers, current and past addresses, the names of siblings and parents, and other information. The hacker responsible for the compromise claims the stolen files include 2.7 billion records. ..."
Reference: www.foley.comSunday, August 25, 2024
National Public Data Hack Exposes Millions: Essential Steps to Safeguard Your Identity and Combat Fraud
Thursday, August 22, 2024
Social Security COLA Increase for 2025 Could Be the Lowest in Four Years
Title: Social Security COLA Increase for 2025 Could Be the Lowest in Four Years
Article Snip: "...Don’t expect a substantial cost of living amount (COLA) increase in your Social Security checks in 2025. The latest estimates put the COLA at 2.6%, according to the non-profit Senior Citizens League, down from 2.7% in July and 3.2% last year. The drop reflects the easing of inflationary pressures. ... While a lower inflation rate should lead to a smaller increase in prices, it does nothing to lower current prices for groceries, utilities or housing that many are struggling to meet. Changes to the COLA are based on the CPI-W, which is a measure of price changes for a selection of goods and services ..."
Reference: www.kiplinger.com7 Statin Alternatives You Can Take to Help Lower Your Cholesterol - goodrx
Title: 7 Statin Alternatives You Can Take to Help Lower Your Cholesterol
Article Snip: "...Statins, such as atorvastatin (Lipitor), are first-choice medications for treating high cholesterol. But they’re not the right medication for everybody.
Along with a heart-healthy diet and regular exercise, statin alternatives such as ezetimibe (Zetia) can be taken with or without statins to help you meet your cholesterol goals. Other options include fibrates like gemfibrozil (Lopid), ATP citrate lyase (ACL) inhibitors like bempedoic acid (Nexletol), and more.
Natural and over-the-counter medications, like fish oil supplements, may also help ...
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Are Statins Dangerous? Statin side effects: Weigh the benefits and risks - Mayo
Title: Statin side effects: Weigh the benefits and risks - Mayo
Article Snip: "...While statins are highly effective and safe for most people, they have been linked to muscle pain, digestive problems and mental fuzziness in some people. Rarely, they may cause liver damage. If you think you're experiencing side effects from taking statins, don't just stop taking the pills. ...Statins are effective at lowering cholesterol and protecting against a heart attack and stroke, although they may lead to side effects for some people. ... If you think you're experiencing side effects from taking statins, don't just stop taking the pills. Talk to your health care team to see if a change in how much medicine you take or even a different type of medicine might be helpful."
Reference: www.mayoclinic.orgNAACP is a Registered Lobbyist for Pharmaceutical Giant Novo Nordisk (Lobbying for Ozempic and Wegovy)
Title: Wegovy works. But here's what happens if you can't afford to keep taking the drug
Article Snip: "...insurance coverage is very spotty. Medicare does not cover Wegovy or other weight loss drugs, and many insurers follow Medicare's lead. Increasingly, there's pressure to change this. As STAT reported last week, the Moffitt Cancer Center in Florida is lobbying for legislation that would allow Medicare to pay for obesity drugs, citing the link between obesity and cancer risk. The NAACP is also registered to lobby on this issue. ..."
Reference: www.npr.orgHealth Watch | Drugmaker Novo Nordisk Ozempic and Wegovy Maker Courts Black Leaders to get Medicare's Federal Funding Favor
Article Snip: "...Pharmaceutical giant Novo Nordisk has turned to influential Black Americans in pursuit of what would be a lucrative victory: having Medicare cover a new class of weight loss drugs, including the company's highly sought Wegovy, which can cost patients more than $1,000 a month. During a conference of the Congressional Black Caucus Foundation last fall — a jampacked gathering featuring prominent Black lawmakers and President Joe Biden — Novo Nordisk sponsored a..."
Reference: www.npr.orgHealth Watch | Up to 1 in 20 new users of Ozempic and other GLP-1s may develop stomach paralysis
Title: Ozempic and Stomach Paralysis - WebMD
Article Snip: "...While the slowing down of the digestive system is necessary for Ozempic and these other drugs to work, if it slows down too much, you can get a serious problem: stomach paralysis. What Is Stomach Paralysis? When food enters a healthy stomach that’s working as it should, the stomach...Here’s what to look out for:"
Reference: www.webmd.com/Monday, August 19, 2024
Social Security | Why It’s Important to Tell Us About Changes When You Get Social Security Benefits
Title: Social Security | Why It’s Important to Tell Us About Changes When You Get Social Security Benefits
Article Snip: "...If you receive Social Security, you can help to make sure we pay you the right benefit each month. You can do that by telling us about relationship or other life changes that could affect your eligibility for retirement, survivors, or disability benefits – or your benefit amount. You and your family may miss out..."
Reference: ssa.govSaturday, August 10, 2024
Seven Lessons for New Retirees
Title: Seven Lessons for New Retirees
Article Snip: "...The former editor of Kiplinger Personal Finance shares key financial takeaways from his first year of retirement. ..."
Reference: www.kiplinger.comThursday, August 8, 2024
Huntsville, Alabama | This Alabama city might be 'South's best-kept secret destination'
Title: This Alabama city might be 'South's best-kept secret destination'
Article Snip: "... One Alabama city is getting some love from Forbes.com for being possibly “The South’s Best-Kept Secret Destination,” and it’s a lot farther from the beach than you might guess.
The new article at Forbes.com depicts Huntsville as a “charming Southern city [that] doesn’t usually top travel lists” but says “that’s part of what makes it so fascinating.” ...
"
Monday, August 5, 2024
CRASH: Retirement Investments Take Hit | Trump Blames Biden, Harris for Market Losses
Title: Trump Blames Biden, Harris for Market Losses
Article Snip: "...The Dow appeared it could be headed for its first 1,000 point decline since September 2022.
Soon after the bell sounded on Wall Street, the Dow Jones Industrial Average futures dropped 1,064 points, or 2.7%, following a 611-point loss Friday, CNBC reported.
S&P 500 futures were down 3.6% after the benchmark lost 1.8% on Friday. Nasdaq-100 futures lost 4.8% as big tech stocks got hit hard in early trading.
"STOCK MARKETS CRASHING. I TOLD YOU SO!!! KAMALA DOESN'T HAVE A CLUE. BIDEN IS SOUND ASLEEP. ALL CAUSED BY INEPT U.S. LEADERSHIP!" Trump posted Sunday night. ...
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New homes are getting smaller. That could be big news for first-time buyers | Intelligent Buyers Move Away From Larger Money-Wasters
Title: New homes are getting smaller. That could be big news for first-time buyers
Article Snip: "...For most of the last half-century, new single-family homes kept growing. In 1973, the median size of completed single-family homes was 1,525 square feet, according to US Census data. By 2015, that number had ballooned to 2,467 square feet. ..."
Reference: www.cnn.comSaturday, August 3, 2024
The Democrat Years | Retirees' Social Security checks have lost significant buying power
Title: Retirees' Social Security checks have lost significant buying power since 2010, a new report says
Article Snip: "...Retirees would need, on average, a $370 monthly boost in their Social Security checks to make up for a 20% loss of buying power since 2010.
That means today’s average monthly benefit of $1,860 for retired workers would need to rise to about $2,230, according to a new report from the Senior Citizens League, a nonpartisan group.
The spoiler: inflation.
...common senior household expenses such as car insurance, food, out-patient hospital care, and housing rose much more than that.
“The reality is that COLAs have become less and less likely to match inflation over time,” Benton said. “In the 1990s and 2000s, 60% of COLAs beat inflation. In the 2010s, only 40% did. Through the 2020s so far, only one COLA out of five—the 8.7% increase in 2023— has done so.”"
Thursday, August 1, 2024
Retirement | A Vote For Trump Is a Vote For Your Financial Benefit | Don't Let This Opportunity Pass
Title: Donald Trump calls for elimination of tax on Social Security
Article Snip: "...Former President Donald Trump on Wednesday called for scrapping the tax that seniors must pay on their Social Security checks.
“SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!” the 45th president straightforwardly wrote on Truth Social. ...
Generally speaking, there is a tax of up to 50% tax on one’s Social Security benefits if total income is between 25,000 and $34,000 – and up to an 85% tax on benefits when income is over $34,000, according to the Social Security Administration.
Trump, 78, made waves in his own party earlier this year with his vow to eliminate taxation on tips.
The Republican Party’s platform, which was approved earlier this month and personally written in part by Trump, rules out cuts to Social Security and Medicare, including any potential lifting of the retirement age. ..."
An Update on the Social Security Fairness Act | H.R. 82, S. 597
Title: An Update on the Social Security Fairness Act
Article Snip: "..pass the Social Security Fairness Act (H.R. 82, S. 597). This bill would repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), which are parts of Social Security law that unfairly reduce, or sometimes eliminate, Social Security benefits for millions of federal annuitants. The GPO and WEP penalize CSRS retirees that meet the requirements for Social Security benefits and have paid their fair share into the program. To address this inequity, 324 members of the House and 61 members of the Senate from both parties now support this legislation. ...."
Reference: apwu.orgMonday, July 29, 2024
Balancing a fixed income with inflation, a Georgia retiree feels stuck
Title: Balancing a fixed income with inflation, a Georgia retiree feels stuck
Article Snip: "... Retired and taking care of her husband, Breland has seen rising prices for everything from groceries and utilities to insurance and home maintenance eat into her fixed income. She has also seen her friends struggle with inflation, as well, through the church she volunteers at. ... increasing financial pressure and has been looking to cut her monthly expenses in the face of rising prices for groceries, utilities, insurance and home maintenance. “All the money I will ever have come in is what I have now,” she said."
Reference: www.nbcnews.comHow is America Doing Under Kamala Harris and Joe Biden? Not so good! Credit Card Data Identifies The Economic Fail
Title: Credit card balances past due reach highest level since at least 2012: Philly Fed
Article Snip: "percentage of credit card balances past due reached the highest levels since at least 2012. ...New card originations also fell on a Y/Y basis, falling by $3.8B, or 3.6%. Number of accounts fell by 3.4M, or 17%, Q/Q and by 1.3M accounts, or 7.4%, Y/Y.
Mortgage originations bottomed out at a series low at $44.4B and 80,100 accounts in Q1 2024, the study said. However, with the price of houses continuing to climb, the average new loan size rose to $554,450. The median new mortgage size increased 9.6% to $335,000..."
Sunday, July 28, 2024
Alzheimer’s blood test catches 90% of early dementia cases, study finds
Alzheimer’s blood test catches 90% of early dementia cases, study finds
'...One part of the blood test — called plasma phosphorylated tau 217, or p-tau217 for short — is one of several blood biomarkers scientists are evaluating for use in the diagnosis of mild cognitive impairment and early-stage Alzheimer’s disease. ...'
Reference: www.cnn.com
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Saturday, July 27, 2024
There’s a catch in USPS insurance program for Medicare-eligible retirees
Title: There’s a catch in USPS insurance program for Medicare-eligible retirees
Article Snip: "As preparations ramp up to launch a new health insurance program for the Postal Service, the Office of Personnel Management is anticipating the possibility that some USPS annuitants will opt out of Medicare prescription drug coverage without realizing the full consequences. For USPS employees and annuitants, Open Season will look somewhat different this fall. In tandem with the standard open enrollment period for participants in the existing Federal Employees Health Benefits (FEHB) program, all USPS employees, annuitants and their family members will have to switch into the new Postal Service Health Benefits (PSHB) program. ...USPS annuitants who opt out of Medicare Part D will lose underlying prescription drug coverage, according to OPM's regulations. ..."
Reference: federalnewsnetwork.comSunday, July 21, 2024
Social Security’s Office of the Inspector General Releases Scam Report to Congress
Title: Social Security’s Office of the Inspector General Releases Scam Report to Congress
Article Snip: "...Social Security’s Office of the Inspector General (OIG) recently released its quarterly Scam Report to Congress. The report provides information about scam trends in the second quarter of Fiscal Year 2024 (January 1 — March 31, 2024). “As public servants, we must use every tool at our disposal to raise awareness and protect the American ... To learn how to protect yourself and your loved ones, visit our Protect Yourself from Scams page. If you receive a suspicious call, text, email, social media message, or letter from someone claiming to be from Social Security: ..."
Reference: ssa.gov