Hidden Fees Cost Americans Billions, Top 401(k) Stocks, Home Insurance Premiums Surge

Hidden Fees Cost Americans Billions -- New Proposal Could Stop That | Social Security Overpayments Issue Draws Capitol Hill Spotlight | How to Find the Best 401(k) Investments Created for {EMAIL} | [Web Version]( October 23, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Retirement Tips]( [SIGN UP]( ⋅ [WEBSITE]( [] Saving Money [] [Hidden Fees Cost Americans Billions -- New Proposal Could Stop That]( [Hidden Fees Cost Americans Billions -- New Proposal Could Stop That]( (Getty Images) Junk fees saddle consumers looking to save money with unwanted costs. To combat this, the [Federal Trade Commission]( has proposed a [new rule that could make pricing more transparent]( across the board. [] Social Security [] [Social Security Overpayments Issue Draws Capitol Hill Spotlight]( [Social Security Overpayments Issue Draws Capitol Hill Spotlight]( (Getty Images) The head of the Social Security Administration sat for a [congressional grilling on October 18th](, to explain the agency's handling and attempted recovery of [more than $20 billion in overpayments]( to beneficiaries. [Final Day to Invest in LiquidPiston]( More than 17K investors are already backing this once-in-a-century engine innovator. And you only have one day left to join them as they revolutionize the $400B combustion engine industry. [Become a LiquidPiston investor by 10/24 at 11:59 PM PDT.]( [READ MORE]( ADVERTISEMENT [] 401(k)s [] [How to Find the Best 401(k) Investments]( [How to Find the Best 401(k) Investments]( (Getty Images) If you work for a company, most likely you have access to a [401(k) retirement plan](. But for many people, this corporate benefit did not come with much explanation. Follow our guide to maximize your benefits and select a [401(k) investment mix that suits your retirement needs](. [] Medicare [] [Medicare Advantage 2024 Plans Dip in Ratings]( [Medicare Advantage 2024 Plans Dip in Ratings]( (Getty Images) The Centers for Medicare and Medicaid Services' (CMS) annual ratings of [Medicare Advantage]( and Part D prescription drug (MA-PD) plans dipped to their lowest rating since 2021. We break down the factors behind [CMS' decision to lower the plan rankings](. [Build a Custom Retirement Plan with Vanguard]( At Vanguard, we're invested in you. Which is precisely why we've created Vanguard Personal Advisor®, providing remote access to financial advisors, real-time goal tracking, and more confidence you'll meet your goals. [There's never been a more perfect time to get started](. Paid non-client promotion [GET STARTED]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger Retirement Report [Don't run out of money in your retirement.]( Get a [FREE ISSUE]( of Kiplinger Retirement Report for proven ways to safeguard your savings against taxes and inflation, maximize Social Security and Medicare benefits, preserve and protect your estate, make the right move with your 401(k), IRA, RMDs, get the best health care and insurance at the best price, and much more. [CLICK HERE]( [] Retirement Planning [] [Are You Taking Too Much Risk in Retirement?]( [Are You Taking Too Much Risk in Retirement?]( (Getty Images) If a retiree has saved $1 million, they generally want $2 million, and if they have saved $2 million, then they want $4 million. Joey F. Schmitz Jr., CFP, explains why retirees need to structure a [plan to mitigate risk]( and maximize returns so they can avoid [running out of money](. [Are You Maximizing Your Portfolio?]( An advisor can help you determine if you are making the most out of your portfolio so you can make the most of your retirement. Take this short quiz to get matched with up to 3 vetted financial advisors serving your area. It's never too late to work towards financial freedom. Get started today. [LEARN MORE]( ADVERTISEMENT [] Insurance [] [Home Insurance Rates Surge Nearly 15% at Farmers, USAA]( [Home Insurance Rates Surge Nearly 15% at Farmers, USAA]( (Getty Images) A new report shows that the average [home insurance]( rate climbed 8.8% in the first eight months of 2023. Learn why [USAA and Farmers Insurance nearly doubled that rate hike]( for their customers. ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:alerts@kiplinger.com) | [ADVERTISE]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036