Over the last 13 years, Gilmour held several positions at Ford Motor Co., in customer service and sales, including leading Lincoln’s nationwide incentive programs and approving dealership buy-sells.
While rushing to buy holiday gifts, don’t forget another deadline that comes for many consumers each December: spending down dollars in their health FSA account.
Flexible Spending Accounts (or Arrangements) are an optional benefit employers establish that lets workers set aside money for certain medical expenses.
There’s no tax on dollars contributed to an FSA, so the accounts stretch your purchasing power on everything from eyewear and sanitizing wipes to annual physicals and hearing aids. In recent years, the federal government has expanded the number of products purchasable with FSA funds, but there’s still a significant catch with the accounts.
Generally speaking, FSAs are “use-it-or-lose-it” plans.
Funds you haven’t spent by the end of the plan year — typically Dec. 31 — won’t roll over into the new year. (That differs from a Health Savings Account (HSA), available to those with a High Deductible Health Plan.) Many employers provide grace periods or allow for limited rollovers, but these features don’t completely eliminate the risk of forfeiting money.
By Anna Helhoski | NerdWallet
Recent reports have depicted highly profitable snack and fast food companies quaking in their boots over the threats posed by appetite-suppressing drugs like Ozempic.
These pearl-clutching (or more aptly, Pringles-clutching) reports are likely premature. That’s largely because weight-loss drug usage isn’t yet widespread enough to make a difference to the food economy.
As more weight-loss drugs are developed and approved by the FDA, that could all change. But the stars must align, and in this case that means: Shortages cease and there are enough injectables to go around; the price comes down to an affordable level for the average consumer; health insurance begins covering these drugs for weight loss; the known side effects prove tolerable enough for long-term use; and no new dire side effects emerge that deter consumers entirely.
In other words, there are a lot of “ifs and maybes” involved that make experts like Barry Popkin, a professor of nutrition at the University of North Carolina Gillings School of Global Public Health, skeptical that the drugs will have a significant economic effect anytime soon.
Disney is accusing the Gov. Ron DeSantis-aligned tourism oversight district of violating Florida’s public records law by failing to properly preserve documents and turn them over in a timely manner, opening another front in an ongoing legal feud.
The entertainment giant filed a lawsuit Friday against the Central Florida Tourism Oversight District and asked an Orange County circuit judge to set an immediate hearing and order the documents to be released.
“CFTOD has prevented Disney from discovering the actions of its government through public records requests, in violation of Florida law,” Disney’s lawyers wrote in the court filing.
A tourism oversight district spokesman did not immediately respond to a request for comment on Tuesday.
In February, DeSantis replaced five Disney loyalists on the district’s board with Republican allies as part of a new state law overhauling the special district that provides government services to Disney World.
DeSantis puts GOP donor, Moms for Liberty founder on Disney Reedy Creek board
Making the right decisions in retirement planning is often a matter of grasping details and fine distinctions.
This quiz covers important issues that are commonly misunderstood.
1. Once you are divorced, you lose all Social Security benefits associated with your previous marriage. True or false?
2. If you file for a survivor benefit, and you haven’t yet filed for a benefit based on your work record, you will not be able to file later for a benefit based on your work record. True or false?
3. If you convert a traditional IRA to a Roth IRA over several years, the five-year holding requirement applies to each Roth conversion. True or false?
4. If you wait until age 70 to apply for a Social Security benefit, your spouse will receive a spousal benefit based on your age 70 benefit. True or false?
A1. False. You do not lose all of your Social Security benefits after a divorce. If your marriage lasted at least 10 years, you may be eligible for benefits. Which benefits you are entitled to depends on your marital situation.