Andy | Saving to Invest

Student Loan Default Can Now Take 15% of Your Social Security Check — Here’s How to Stop It

If you're behind on federal student loans and collecting Social Security, here's the number that matters: 15%. That's how much of your monthly benefit the government can now take through the Treasury Offset Program if your loans are in default — down to a floor of $750 a month, but…

Medicare Extra Help 2026: Do You Qualify for Free Prescription Drug Coverage?

If you're on Medicare and drug costs are eating into a fixed income, there's a federal program that quietly covers a lot of that gap — and a meaningful number of people who'd qualify never apply, often because they've never heard of it or assume their income is too high.…

Will SNAP Get Cut Off After September 30, 2026? What’s Actually Different This Time

If you get SNAP, the date to actually watch this year is October 1, 2026 — not because benefits are guaranteed to stop, but because that's when the current funding that's protected SNAP all year runs out. Here's what happened last time this played out badly, what's genuinely different heading…

Average vs. Median Net Worth by Age in 2026: Are You Ahead or Behind?

The median American household has a net worth of about $192,700 in 2026. If that number feels either way too low or suspiciously high compared to what you'd guess, you're not alone — most people have never seen this broken out by age, and the "average" figure everyone quotes ($1.06…

Where Do Your Federal Tax Dollars Go? A 2026 Breakdown (Plus What’s Coming in 2027)

For every dollar the federal government spent in fiscal year 2026, about 22 cents went to Social Security and 16 cents went to Medicare. That's before a single cent goes to defense, interest on the debt, or anything else. Total federal spending in FY2026 runs about $7.4 trillion — 23.3%…

Your Direct Express Card Is Changing Banks through 2026 and 2027: What SSA, SSI, and VA Recipients Need to Know

If you receive Social Security, SSI, or VA benefits on a Direct Express prepaid debit card, you may get a letter or a new card in the mail this year from a bank you've never heard of before: Fifth Third Bank. This is real, not a scam — but it's…

Social Security Survivor Benefits: Who Qualifies and How Much You Get

When someone who worked and paid into Social Security dies, their spouse, ex-spouse, children, or dependent parents may be able to claim a monthly payment based on that person's earnings record. The rules around who qualifies and how much they get are more layered than most people expect. Here's how…

SSDI Back Pay: How It Works, How Much You Get, and When It Arrives

If Social Security approves your SSDI claim, don't expect the money to land as a single simple number. Back pay calculations have more moving parts than most people expect, and the terminology alone — back pay, retroactive benefits, waiting period, onset date — trips people up before they even get…

SNAP Soda and Candy Bans: 22 States Approved, 5 Blocked by Court — Full State-by-State List for 2026

USDA has approved SNAP food-restriction waivers in 22 states as of mid-2026, letting them bar recipients from buying soda, candy, and in some cases entire categories of processed food with their benefits. A federal judge blocked 5 of those states in June, and the fight over the rest is still…

Social Security Payment Dates: July 2026 Schedule by Birth Date (Plus the SSI Double-Payment Quirk)

If you get Social Security, your July 2026 payment lands on one of four dates depending on when you started benefits and your birth date. If you get SSI, watch for a second deposit on July 31 — that's not a bonus, it's your August payment arriving early. (Your actual…

Missed the July 10 COVID-Era IRS Refund Deadline? Here’s What Actually Happens Now

July 10, 2026 came and went. That was the deadline the National Taxpayer Advocate flagged for tens of millions of taxpayers who may be owed refunds — or abatements — of penalties and interest the IRS assessed during the COVID-19 disaster period. If you're reading this now, you're probably asking…

2026–2027 No Tax on Overtime: Who Qualifies, How to Calculate Your Deduction (With Examples)

If you regularly work overtime, there's a number you need to know right now: $12,500. That's the maximum amount of overtime premium pay you can deduct from your federal income tax for 2025 through 2028, thanks to the One Big Beautiful Bill Act (OBBBA). For a nurse working regular double…

2026 Updates: IRS CP53E Notice — Your Refund Is Frozen, Here’s What to Do in 30 Days

By early spring 2026, more than 1.4 million taxpayers had received an IRS CP53E notice — a letter that means your approved tax refund is frozen and you need to act. The cause is a new federal policy phasing out paper refund checks, and the window to fix it without…

What Are Perpetual Futures (Perps)? Why They’re Booming— and Why They Could Trigger the Next Financial Crisis

Perpetual futures — "perps" in market shorthand — are the fastest-growing trading instrument in global finance right now. They started in crypto, stayed in crypto for years, and are now crossing over into traditional Wall Street territory. The CFTC approved Bitcoin perps from regulated U.S. platforms in 2026. Coinbase has…