Bipartisan Bill to Modernize 59-Year-Old Older Coloradans Act Emerges in Legislature | State of Reform

Lawmakers have introduced a bill that aims to update and modernize the Older Coloradans Act. The bill would expand and reorganize the Colorado Commission on Aging and appoint someone from the Colorado Department of Human Services to represent the Commission to the state. The bill would also create a “Lifelong Colorado” initiative to coordinate planning and implementation.

Over-the-Counter COVID Tests Will Soon Be Free for Medicare Recipients | NPR

When the Biden administration announced insurance companies would be required to cover the cost of at-home rapid COVID tests, Medicare was excluded from the requirement. The government has since announced retirees on original Medicare or a Medicare Advantage plan will be able to get over-the-counter tests at no cost starting in the spring.

Explainer: The U.S. Yield Curve Has Been Flattening — Why You Should Care | Reuters

You may have heard talk of the “yield curve” lately and how it’s been flattening in recent months. But why is that and what does it mean? Here’s an explanation of what the yield curve represents, how it’s predicted recessions in the past and what it might signal for 2022.

67% of Retirees Have Credit Card Debt. Here are 3 Ways to Pay It Off on a Fixed Income | USA Today

A recent survey found about two-thirds of retired Americans have credit card debt. Paying off that debt can be especially challenging for people living on fixed and limited income. Here are a few tactics to consider when deciding to tackle that debt.

---

News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.