Daniel Kim

Here is the trap waiting for anyone who had Marketplace coverage in 2026: you do nothing, your plan renews, and in January you discover the price jumped, your doctor left the network, or your subsidy vanished. None of that is a glitch. The rules behind your 2026 price changed, and the plan that was right last year may be the wrong plan this year. This post is about the one decision that protects you — actively re-shopping before December 15 — and the 2027 rule changes that make auto-renewal unusually dangerous. The dates that decide everything Open enrollment for 2027 coverage on HealthCare.gov runs from November 1, 2026, through January 15, 2027, according to KFF's 2027 open enrollment guide . But there are two deadlines inside that window, and they do different jobs: Date What it decides November 1, 2026 Open enrollment opens for 2027 coverage December 15, 2026 Last day to enroll or change plans for coverage starting January 1, 2027 January 1, 2027 Coverage starts ...

A raise, a bonus, or a strong year for a side business can do something no one warns you about: it can quietly disqualify your Roth IRA contribution. Not because you did anything wrong, but because the IRS phases out direct Roth IRA contributions on income. Earn inside the band and your contribution shrinks. Earn above it and you cannot contribute directly at all — even if you have the money ready and every other rule checks out. This post is about that income test: where the lines sit for 2026, what happens when you cross them, and the three routes that still work when you earn too much. The income test comes first Most Roth IRA explanations start with how much you can put in. Start with whether you are allowed to put anything in directly, because the income answer changes everything else. The test runs on modified adjusted gross income (MAGI) — roughly your adjusted gross income with certain deductions added back — and it applies per filing status: Filing status Full direct con...

How to Check Your Exact January 2027 Social Security Payment in my Social Security (and What to Do If It Looks Wrong) By Daniel Kim You have probably heard the headline: Social Security benefits rise 3.6 percent for January 2027. That headline does not tell you your number. Your January payment depends on your own benefit, your own deductions, and whether you receive Social Security or Supplemental Security Income. This post is a step-by-step check you can do in your my Social Security account, so you know exactly what to expect and what to do if the number looks wrong. This post does not repeat the COLA news. It tells you how to verify your own payment. If you want the COLA calculation itself, the Social Security Administration's COLA page is linked in Sources below. Step 1: Know which payment you are checking Social Security and SSI follow different timing for January 2027. Social Security benefits increase by 3.6 percent beginning with the December 2026 benefits, which ar...

You just received $10,000 you did not expect: a bonus, a tax refund, a small windfall. The bottom line is simple, and it comes before any product name. Put money you owe soon in checking, pay down your highest-APR debt, keep a buffer you can reach any day, and only then lock money away for yield. The order matters more than the exact split, because each step protects the next one. Here is the key figure. At the national average savings rate of 0.38% (FDIC, October 19, 2026), $10,000 earns $38 in a year. At the current Series I savings bond composite rate of 4.26% (TreasuryDirect, for bonds issued May 1 to October 31, 2026), the same $10,000 earns $426 in a year if the rate holds steady. The gap is $388, before taxes, on the same sum. Leaving the whole amount in an average account does not feel like a decision, but the arithmetic treats it as one. This post uses $10,000 as the worked example throughout, because the FDIC publishes its national averages on deposit tiers that include $10...

The 30-year fixed mortgage rate for October 28, 2026, had not been published yet (Freddie Mac publishes its weekly survey on Thursdays), so this post uses the latest available weekly average as its benchmark; the series is published by the Federal Reserve Economic Data (FRED) as MORTGAGE30US . You hold a mortgage because you need a roof, not because you want to trade financial instruments. Yet the rate on your next refinance is determined by forces far removed from your kitchen table: the Federal Reserve’s balance sheet size, the yield on 10-year Treasuries, and the supply of mortgage-backed securities. When the Fed sells bonds (quantitative tightening), it reduces liquidity in the mortgage market, pushing yields up. When the yield on 10-year Treasuries rises, lenders demand a higher rate to compensate for the risk of holding long-term debt. A 100-basis-point shift in the 10-year yield typically moves the 30-year mortgage rate by roughly 75 to 100 basis points (0.75 to 1.00 percentag...

If your bank failed tomorrow, how much of your money would come back? Most people answer with one number: $250,000. That number is real, but it is not the whole answer. The Federal Deposit Insurance Corporation does not insure $250,000 per account. It insures $250,000 per depositor, per insured bank, for each account ownership category. Those three extra words — per depositor, per bank, per category — are where money is either protected or left exposed, and they are the reason two people with the same balance at the same bank can have very different outcomes. This post explains the rule in plain language, shows the arithmetic with worked examples, and gives you a 10-minute check you can run on your own accounts. All of the coverage figures below come from the FDIC's own estimator guidance. Where this post uses an example balance, it says so plainly: the example is arithmetic, not a claim about any real person's account. $250,000 Per depositor, per insured bank, per ownership ...