Nearly half of baby boomers make this pricey mistake
As much as 46% believe Medicare will cover the costs of long-term care.
Medicare
Why volatility shouldn’t scare you — even close to retirement
A market correction only becomes a real risk if investors act and make buy or sell decisions to alleviate mental anguish today at the expense of tomorrow, says an expert.
CBO’s report on single-payer healthcare holds more questions than answers
“Even single-payer systems around the globe vary from each other in many, many ways,” an expert who helped draft the Affordable Care Act says.
Social Security isn’t America’s only public retirement crisis
Cuts in Medicaid could prove disastrous for low-income retirees who rely on the program for nursing home care, experts say.
Medicare B costs for clients projected to rise
“Healthcare prices are increasing at levels that significantly exceed overall inflation,” an expert warns.
Should clients use a Roth IRA for college expenses?
Grandchildren won't be able to have their own accounts until they are earning their own income, but they can be named beneficiaries.
Health plans for state employees use Medicare’s hammer on hospital bills
Some states are moving to control their employees’ health plan costs, and it's triggering alarm from the hospital industry.
Health plans for state employees use Medicare’s hammer on hospital bills
Some states are moving to control their employees’ health plan costs, and it's triggering alarm from the hospital industry.
Medicare won’t cover this key expense, and it’s eating into retirees’ savings
Dental expenses can eat away a considerable amount of retirees’ savings, but these costs are important to prevent health complications and other medical expenses.
Making the most of a health savings account once you turn 65
Seniors will face a 20% penalty on top of income taxes if they withdraw funds from a health savings account for non-medical expenses before the age of 65.
Why the tax law may induce some people to put more money in 401(k)s
The cap on state and local tax deduction under the tax law may prompt more employees to direct their retirement savings to their 401(k)s than to build home equity.
The most likely cause of financial ruin — and few prepare for it
Even middle-class households who have health insurance are at risk, as a researcher points out that they are the ones who filed for the most bankruptcies.
Switching to a new Medicare Advantage plan gets easier
Seniors who intend to get a Medigap policy to supplement their traditional Medicare coverage may have trouble getting one.
How to get by without a paycheck, as shutdown rolls on
Thousands of federal workers who are furloughed or working without pay because of the partial government shutdown should use budgeting to cope with the hard times.
Tips to help workers boost their retirement savings this year
If your employees' goal is to save more for retirement, there are some simple steps they can take to make that resolution stick.
Are there advantages to signing up for Social Security and Medicare at the same time?
There can be benefits in enrolling simultaneously, but there are also incentives to consider in waiting on Social Security instead of claiming benefits at 65 when Medicare kicks in.
Misconceptions about health costs when you’re older
A widely held view is that a lot of spending is wasted on “heroic” measures at the end of life, but it’s difficult to know which patients are in their final year.
Social Security benefits going up — but not for everyone
Social Security benefits will increase 2.8% next year, but some retirees will not see a rise in their retirement paycheck because of Medicare's hold-harmless provision.
10 places to retire on Social Security alone
A typical Social Security payment is likely to cover basic costs in these areas.
How to save for retirement with student loans
Workers are advised to contribute enough to their workplace plans to get the match even while paying off their college debt.
