When President Franklin D. Roosevelt rolled out Social Security in the depths of the Great Depression, his goal was simple — to lift seniors out of poverty. Alongside Medicare, introduced three decades later, it worked. But as Social Security marks its 90th anniversary this month, talk of a looming financial crisis and a less favorable … Read more
NEW YORK, Aug. 10 (Reuters) – The White House just rolled out a new directive that could let you invest your 401(k)s retirement savings in alternative assets like cryptocurrency or privately held companies. Sounds exciting, right? Not so fast, say financial pros—this move could add a whole new level of risk that many everyday investors … Read more
The AI Revolution in Pet Insurance Over the past year, more U.S. pet insurance companies—think Nationwide, Trupanion, and Lemonade—have rolled out AI-powered claim systems. Instead of waiting days for a human rep, customers can now upload vet bills, type a few details into a chatbot, and get reimbursed within hours. It’s efficient. It’s easy. And … Read more
If you thought insurance drama was just for movies, think again. Thousands of Californians are in a real-life fight with the state’s last-resort insurer — and it’s getting messy. The California FAIR Plan is under fire for allegedly denying or lowballing payouts on wildfire-related smoke damage claims… and now, homeowners could be staring down fines … Read more
Car insurance is already pricey—but thanks to new tariffs on imported auto parts, it could get even worse. Experts warn premiums could spike by up to 7% before the end of 2025, hitting young drivers and first-time car owners the hardest. Why This Matters for Young Drivers If you’re between 16 and 30, you’re probably … Read more
If you thought healthcare was already expensive, brace yourself. Insurers across the U.S. are asking for Affordable Care Act (ACA) premium increases of up to 15% for 2025 plans—and it could mean hundreds of extra dollars out of your pocket every year. Why This Matters For many young Americans, ACA Marketplace plans are the only … Read more
Strapped for Cash? Pay for Health Insurance in Monthly Installments Let’s be real—health insurance in the U.S. is expensive. Between rent, student loans, and avocado toast, shelling out hundreds (or thousands) upfront feels impossible. But what if you could pay for coverage in small, monthly chunks? Enter premium financing for health insurance via EMIs—a game-changer for young … Read more