Terry Savage

What do you do if your IRS tax refund still hasn’t arrived? Now that the IRS has received most 2023 tax filings, and should have sent your refund, it’s worth investigating.

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Terry Savage: Where’s my tax refund? How to check your federal or state refund status

April 25, 2024 at 5:45 a.m.

What do you do if your IRS tax refund still hasn’t arrived? Now that the IRS has received most 2023 tax filings, and should have sent your refund, it’s worth...

Even the zero-interest period on balance transfer cards can get you deeper into trouble. If you don’t pay off the balances within the zero-rate period, you can expect your finance charge to soar to around 30%.

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Terry Savage: Warning on credit repair and chasing rewards

April 17, 2024 at 5:39 p.m.

Even the zero-interest period on balance transfer cards can get you deeper into trouble. If you don’t pay off the balances within the zero-rate period, you can expect your finance...

For seniors who own their own home — fully paid off or with a small remaining mortgage — but need more income, a reverse mortgage can be the perfect solution. Or it can be a costly mistake.

Terry Savage: The pros and cons of reverse mortgages

April 9, 2024 at 6:48 a.m.

For seniors who own their own home — fully paid off or with a small remaining mortgage — but need more income, a reverse mortgage can be the perfect solution....

In simple words, the elderly and disabled recipients of Social Security retirement and disability benefits will no longer face the threat of imminent stoppage of all their benefits unless the clawback demand is repaid.

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Terry Savage: Social Security relief imminent for recipients of unexpected overpayments

March 27, 2024 at 10:57 a.m.

In simple words, the elderly and disabled recipients of Social Security retirement and disability benefits will no longer face the threat of imminent stoppage of all their benefits unless the...

Let’s stop ignoring $1.3 trillion in credit card debt owed by millions of Americans

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Terry Savage: The dangers of debt

March 16, 2024 at 8:07 p.m.

Let’s stop ignoring $1.3 trillion in credit card debt owed by millions of Americans

On average, women live longer than men. It’s an actuarial fact known by every insurance company and financial planner. At age 65, the life expectancy of a woman is 20 years, while men at the same age have a life expectancy of 17 years. So, it stands to reason that the 2020 Census Bureau reports […]

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Terry Savage: A widow’s guide to financial recovery

February 29, 2024 at 4:30 p.m.

On average, women live longer than men. It’s an actuarial fact known by every insurance company and financial planner. At age 65, the life expectancy of a woman is 20...

More and more women are taking the lead in family finances. Proof comes in the latest Allianz Life “Women, Money and Power” study, an ongoing survey of women’s priorities and attitudes toward money and investing.

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Terry Savage: Women are wielding financial power more than ever

February 14, 2024 at 2:07 p.m.

More and more women are taking the lead in family finances. Proof comes in the latest Allianz Life “Women, Money and Power” study, an ongoing survey of women’s priorities and...

Here’s a personal question: How long do you think you’ll live? Most people will roll their eyes, believing that only a higher power has the answer to that question.

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Terry Savage: You can’t plan a retirement without understanding longevity

February 8, 2024 at 4:18 p.m.

Here’s a personal question: How long do you think you’ll live? Most people will roll their eyes, believing that only a higher power has the answer to that question.

Medicare Advantage is causing huge losses for insurers like Humana, which recently reported a surprising loss, attributed to higher than anticipated spending in Advantage plans.

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Terry Savage: Insurers’ losses to squeeze Advantage plans

January 31, 2024 at 7:30 p.m.

Medicare Advantage is causing huge losses for insurers like Humana, which recently reported a surprising loss, attributed to higher than anticipated spending in Advantage plans.

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Terry Savage: Will rate cuts keep stocks soaring?

January 24, 2024 at 10:14 p.m.

The good news is in the headlines. On the same day that the S&P 500 stock index hit all-time highs, consumer confidence (the University of Michigan's consumer sentiment index) climbed...

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