Monday’s need-to-know money news

Today’s top story: How to avoid going overboard and over budget on kids’ holiday gifts. Also in the news: A new episode of the Smart Money podcast on countering uncertainty and building wealth early, Medicare and prescription drug costs, and what you need to know about Medigap Plan D.

Avoid Going Overboard and Over Budget on Kids’ Holiday Gifts
To avoid overspending this year, find a gifting strategy that works for your kids and your budget.

Smart Money Podcast: Countering Uncertainty, and Building Wealth Early
Sean and Liz discuss how to counter uncertainty, and respond to a young listener’s question about building wealth.

Does Medicare Cover Prescription Drugs?
Original Medicare beneficiaries can buy prescription coverage called Part D. Medicare Advantage plans usually include coverage.

What Is Medigap Plan D? What You Need to Know
Medigap Plan D helps Medicare enrollees with some costs not covered by Medicare Part A and Part B.