News You Should Know: Drugmaker Suing Colorado Over Price Cap

Amgen Sues Colorado Prescription Drug Board Over Enbrel Price Cap | The Colorado Sun

The fight over Colorado’s first-ever price cap on a prescription drug continues. Amgen, the company that makes Enbrel, is suing over the Prescription Drug Affordability Review Board’s decision to put an upper limit on the price of the rheumatoid arthritis drug. The case is expected to go to court next year, while the price cap is set to go into effect in 2027.

IRS Direct File Won’t be Available Next Year. Here’s What That Means for Taxpayers | ABC News

Tax season will be here before you know it, but taxpayers hoping to save money by filing directly with the IRS this time around are out of luck. Direct File started out as a test program in 2024 and the federal government had planned to make it permanent, but the IRS now says the service will no longer be available.

Curious About Retirement Spending? Here’s What The Average Monthly Expenses Are For Retirees | Investopedia

When preparing for retirement, it’s important to estimate not just your income but also how much you’ll spend. According to the most recent government data, Americans ages 65 and older spend about $60,000 a year, on average. Housing is the biggest expense for that age group, followed by transportation, health care, and food.

CU Denver Program Helps Older Adults Find Purpose After Retirement | Denver7

Finding meaning after decades of working can be a challenge for many retirees. A relatively new adult education program at the University of Colorado Denver aims to help by providing pre-retirees and retirees with the opportunity to audit courses and connect with peers who are also seeking inspiration, meaning, and direction.

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