Benefit

Vietnam veteran John Otte did his best to forget the war. He got married, raised two sons and made a career working at credit unions. But as Otte neared retirement, memories of combat flooded back. Starting in 2005, he filed a series of claims with Veterans Affairs for disability compensation, contending that many of his health problems stemmed from the war. The VA agreed, and now the 65-year-old with two Purple Hearts receives $1,900 a month for post-traumatic stress disorder and diabetes - and for having shrapnel scars on his arms.

Dear Liz: A few years ago I finished paying off my debt and now am in the very low-risk credit category. I have savings equal to about three months' worth of bills and am working to get that to six months' worth. I'm wondering, though, about an emergency that may require me to pay in cash (such as a major power outage that disables debit or credit card systems, or the more likely event that I forget the ATM or credit card at home). How much cash should a person have on hand? Is there a magic number?

A popular government program enabling underwater borrowers who are current on their mortgages to refinance at lower rates will be extended for two more years.  The Obama administration's Home Affordable Refinance Program had been scheduled to expire at the end of this year. HARP now will run through 2015, regulators announced Thursday . More than 2.2 million borrowers with little or no home equity have refinanced using the 4-year-old HARP, and consumer advocates and lenders welcomed the news of the extension.

It's long been a basic tenet of the business world: You give us more business, we'll reward your loyalty with better deals. That's how cable companies operate with their service packages. That's how phone companies work. And until now, that's pretty much how banks played things as well. Want to avoid checking-account fees? Maintain a higher balance or, better yet, take out a home loan. As of this month, however, about 2 million erstwhile Bank of America mortgage customers are scrambling to figure out their status after the bank sold servicing rights to their accounts to a company called Nationstar Mortgage.

I'm an 84-year-old man on Social Security with original Medicare and Mutual of Omaha gap insurance. My insurance premium was raised from $262 to $363 a month, a 39% jump. After all my monthly expenses, I have just $240 left. What can I do in the event of another increase in my premiums? If you've had your current Medicare supplement plan for years, it's not surprising that you've seen your costs steadily rise, says Steve Zaleznick, senior Medicare advisor at PlanPrescriber, a Maynard, Mass.-based online provider of Medicare education and plan comparison tools.

WASHINGTON - Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes, Warren quickly showed she wouldn't be following the custom that a freshman senator be seen and not heard. After some pleasantries, the longtime consumer advocate and Wall Street critic lit into the heads of the Securities and Exchange Commission, the Federal Deposit Insurance Corp.

Security researchers Nick DePetrillo and Don Bailey have discovered a seven-digit numerical code that can unlock all kinds of secrets about you. It's your phone number. Using relatively simple techniques, this duo can use your cellphone number to figure out your name, where you live and work, where you travel and when you sleep. They could even listen to your voice messages and personal phone calls — if they wanted to. "It's really interesting to watch a phone number turn into a person's life," DePetrillo said.

Two-fifths of the elderly spend more than they earn, often forcing them to dip into savings to pay bills, according to a new study. Among those 65 and older, 40% shell out more on housing, medical care and other costs than they take in from Social Security, pensions and other sources, according to the Employee Benefit Research Institute. An additional 14.3% of that age group spend more than 75% of their incomes on regular expenses, leaving little cushion for unexpected financial setbacks, the study showed.

A dozen companies that try to do business in a socially and environmentally conscious way have filed papers with the state to become California's first "benefit corporations. " Chief executives, led by Yvon Chouinard, the founder of Patagonia, a 56-year-old seller of outdoor apparel and equipment based in Ventura County, marched into the secretary of state's office shortly after it opened Tuesday morning. It was the first business day after a new state law took effect Jan. 1, giving companies an option besides the traditional corporation or nonprofit organization to legally organize themselves.

Re "How curiosity begat Curiosity," Aug. 19 Ahmed Zewail makes an important point but neglects to mention one key fact: The ascent of American innovation and technological and scientific leadership was made possible by a top marginal tax rate of well over 80%. These days, 39% percent seems too much for the rich to bear. The fact is, we cannot afford to be an educated, scientifically advanced nation without a major tax increase on the wealth hoarders. And they will benefit in the long run as well.

The Legislature is poised to offer health insurance to millions of additional low-income Californians, with the federal government covering much of the cost. The expansion would be a boon to counties, which collectively spend billions of dollars caring for the indigent uninsured. One sticking point, though, is what to do with the more than $4 billion in sales taxes and vehicle license fees the state has been sending back to counties every year to help pay for public health programs - and that the Brown administration wants to reclaim.

WASHINGTON - Seeking to ensure his landmark healthcare law is successfully implemented, President Obama is reprising his 2012 election strategy in hopes of enrolling millions of uninsured Americans in health plans this fall. The new campaign, whose outcome could largely shape the president's legacy, is targeting young people, Latinos and women - groups that were crucial to Obama's victory in November. It will rely on some of the same tools that the reelection campaign pioneered for voter turnout, including extensive use of social media, mobilization of volunteers and data-driven outreach.

Vietnam veteran John Otte did his best to forget the war. He got married, raised two sons and made a career working at credit unions. But as Otte neared retirement, memories of combat flooded back. Starting in 2005, he filed a series of claims with Veterans Affairs for disability compensation, contending that many of his health problems stemmed from the war. The VA agreed, and now the 65-year-old with two Purple Hearts receives $1,900 a month for post-traumatic stress disorder and diabetes - and for having shrapnel scars on his arms.

Marine biologist Dan Madigan stood on a dock in San Diego and considered some freshly caught Pacific bluefin tuna. The fish had managed to swim 5,000 miles from their spawning grounds near Japan to California's shores, only to end up the catch of local fishermen. It was August 2011, five months since a magnitude 9 earthquake and tsunami had struck in Japan, crippling the Fukushima Daiichi power plant. Madigan couldn't stop thinking about pictures he'd seen on TV of Japanese emergency crews dumping radioactive water from the failing reactors into the Pacific Ocean.

Many part-timers are facing a double whammy from President Obama's Affordable Care Act. The law requires large employers offering health insurance to include part-time employees working 30 hours a week or more. But rather than provide healthcare to more workers, a growing number of employers are cutting back employee hours instead. The result: Not only will these workers earn less money, but they'll also miss out on health insurance at work. LIVE CHAT: Join us at 3 p.m. Pacific with your questions and comments Consider the city of Long Beach.

WASHINGTON - President Obama sought to tamp down fears Tuesday that his landmark healthcare law would raise insurance costs and cause other disruptions, saying most Americans were already benefiting from it and others soon would. "Any time you're implementing something big, there's going to be people who are nervous," the president said at a news conference at which he delivered a new pitch for the 2010 legislation. "For the average American out there, for the 85 and 90% of Americans who already have health insurance, this thing's already happened.

Benefit for Barbara Morrison Where: Local 47 Musicians Union, 817 Vine St., Hollywood When: 7-10 p.m. Sunday Tickets: $20 Information: (323) 296-2272 or http://www.barbaramorrison.com

Re "Grocer's plan to use E-Verify stirs anger," Sept. 17 Congratulations to the owner of Mi Pueblo Food Center for having the courage to stand up for what is right and deciding to participate in the federal E-Verify program. Many of the grocer's critics fail to consider an important benefit of E-Verify: to make sure that a person applying for a job using a Social Security number in fact obtained that number legally. My fiancee was the victim of identity theft when a person used her Social Security number for employment in another state.

Throughout 2001, President George W. Bush and I spent time negotiating an important bilateral agreement on immigration policies and programs. We optimistically pieced together an innovative framework, and were close to reaching our goals, when the terrorist attacks on Sept. 11 derailed our plans. Now, in 2013, and in remarkably similar circumstances, President Obama and a bipartisan group of congressional leaders are again working courageously on immigration issues. I join the millions of voices echoing around the world in expressing my outrage and sorrow about the events in Boston this month.

In 1989, then-Los Angeles Councilman Zev Yaroslavsky unveiled an audacious plan to boost the city police force by more than 25% to 10,000 officers. He couldn't have imagined that city leaders would chase that goal for nearly a quarter of a century until, at the start of this year, Mayor Antonio Villaraigosa announced that he had pushed the LAPD over the long-elusive benchmark. The two candidates vying to replace Villaraigosa in the May 21 election - City Controller Wendy Greuel and Councilman Eric Garcetti - have embraced the mayor's achievement, crediting the LAPD buildup in large measure for the city's lowest crime rates since the 1950s.