By Daniel Stewart Retirement planning is never a slam dunk, especially in our complicated and challenging economic environment. There are many moving parts in a typical senior's retirement blueprint, and with each of these parts, there is the potential to make expensive mistakes. Many seniors who diligently created, invested, and saved wealth are penalized for [...]
"Many Americans are opting to work past age 65. What will that mean for their health savings accounts?"- Jerry Yu By Jerry Yu Turning 65 is a significant event for most Americans. For many, age 65 marks the beginning of retirement or transitioning out of self-employment. There are also numerous changes to their health insurance [...]
Authored By Valuewalk Contributed by Paul Hubbard BY VALUEWALK For the average American, healthcare in retirement will cost more than they have in their entire savings account. And unfortunately, Medicare won’t help. Healthcare, of course, is the single biggest line item that most retirees need to prepare for. Recently, a study released by the EBRI (the Employee Benefit Research [...]
"The economy is more than a little unpredictable right now. It makes sense to discover as many ways to save money and avoid paying unnecessary tax as possible." by Debra May As inflation continues to eat into Americans' savings and retirement accounts and a recession is all but guaranteed, many working people are experiencing financial [...]
Authored By Giles Bruce CMS said a ransomware attack on a subcontractor may have affected as many as 254,000 Medicare beneficiaries and breached such personal data as Social Security numbers and bank account numbers. Healthcare Management Solutions, which processes Medicare eligibility, entitlement records and premium payments, experienced a ransomware attack Oct. 8, CMS said. The company is [...]
"If you or your spouse has some years between when they retire and when they had planned to retire, you may encounter the stress of finding affordable, quality health care coverage to bridge the gap until Medicare kicks in." Paul Hubbard III By Paul Hubbard A typical working-class couple, George and Delores' rigid adherence to [...]
