BlackRock CEO Larry Fink says 65 retirement age is too low. What experts say

BlackRock CEO Larry Fink says 65 retirement age is too low. What experts say

BlackRock CEO Larry Fink speaks during the New York Times DealBook Summit Nov. 30, 2022 in New York City.  Michael M. Santiago | Getty Images News | Getty Images The idea of raising the Social Security retirement age has one more fan: BlackRock Chairman and Chief Executive Larry Fink. “No one should have to work … Read more

4 factors affect how much Social Security retirees receive in 2024

4 factors affect how much Social Security retirees receive in 2024

Adamkaz | E+ | Getty Images If you’re a retiree who relies on Social Security benefits for income, you will see some changes in 2024. You will get a benefit boost to adjust for inflation. But just how much extra money you see will depend on the size of your Medicare Part B premiums and … Read more

Trump clemency recipient Philip Esformes loses Supreme Court bid

Trump clemency recipient Philip Esformes loses Supreme Court bid

FILE – In this Aug. 7, 2015 file photo, Philip Esformes arrives at the 15th Annual Harold and Carole Pump Foundation Gala held at the Hyatt Regency Century Plaza, in Los Angeles. Rob Latour | Invision | AP The Supreme Court has refused to hear an appeal from Florida nursing home owner Philip Esformes, whose … Read more

Medicare Part B premiums will go up in 2024. How to manage those costs

Medicare Part B premiums will go up in 2024. How to manage those costs

Peopleimages | Istock | Getty Images When to appeal your Medicare Part B premium You generally can’t have your Medicare Part B premiums adjusted — with one exception, according to Tim Steffen, director of advanced planning at financial services company Baird. “If something has materially changed in your situation … you can appeal your Medicare … Read more

Ozempic could face Medicare drug price negotiations next

Ozempic could face Medicare drug price negotiations next

A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, U.S. March 29, 2023.  George Frey | Reuters Ozempic, the blockbuster diabetes treatment from Novo Nordisk, could be next in line in the price negotiations between manufacturers and … Read more

10 drugs to face Medicare price negotiations: See the list

The Biden administration on Tuesday unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off a controversial process that aims to make costly medications more affordable for older Americans.  President Joe Biden’s Inflation Reduction Act, which passed in a party-line vote last year, gave Medicare the … Read more