Newsletter
Do I need to file a tax return?
Dear Savvy Senior, What are the IRS income tax fi ling requirements for retirees this tax season? I didn’t fi le a tax return the past two years because my income was below the fi ling threshold, but I got a part- time job late last year, so I’m wondering if I’m required to fi le this year. Retired Worker Dear Retired, Whether or not you are required to file a federal income tax return this year will depend on how much you earned last year (in 2023), as well as the source of the income, your age and filing status.
Does Medicare cover weight-loss treatments?
Dear Savvy Senior, Does Medicare cover any weight- loss treatments for overweight retirees? I just turned 65 and need to lose about 100 pounds and would like to know if Medicare can help. Overweight Owen Dear Owen, Yes, traditional Medicare does indeed cover some weight-loss treatments like counseling and certain types of surgery for overweight beneficiaries, but unfortunately it doesn’t cover weight-loss programs or medications. Here’s what you should know.