Author: Hoàng Anh

Medicare & Medicaid

Key Medicare Changes to Watch for in 2025

In 2025, several important changes to Medicare will take effect, significantly affecting retirees. These changes include modifications to Medicare Part D, the introduction of out-of-pocket spending caps, new rules regarding weight loss drugs, updates to Medicare Advantage, and new benefits for family caregiver services and mental health providers. Here’s a […]

Finance & Jobs

Minimum Wage by State in 2025

Alabama No state minimum wage law. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour. Alaska Basic Minimum Rate (per hour): $11.91 Premium Pay After Designated Hours 1 : Daily – 8, Weekly – 40 Under a voluntary flexible work hour plan approved […]

Medicare & Medicaid

Original Medicare vs. Medicare Advantage

When it comes to choosing between Original Medicare and Medicare Advantage, the path you take can significantly impact your medical care and costs. Original Medicare vs. Medicare Advantage Original Medicare: Part A (Hospital Insurance) and Part B (Medical Insurance). Allows you to see any doctor or specialist who accepts Medicare. […]

Finance & Jobs Social Security

IRS Key Updates for 2025

The IRS has announced several key updates for 2025 affecting various retirement accounts, health savings plans, Social Security, and tax provisions. Here’s a summary of the changes: Retirement Account Contribution Limits: 401(k), 403(b), and Governmental 457 Plans: The contribution limit increases to $23,500, up from $23,000 in 2024. Catch-Up Contributions […]