Long-Term Care Planning Neglected by Many Older Americans
When individuals plan ahead for long-term care, they can better secure their own future while reducing financial burdens on their friends and family.
Tag: Health care
Retirees More Worried About Health Than Money
Ninety-one percent believe their savings will last throughout their lifetime, MassMutual found in a survey.
Most Workers Willing to Pay More for Better Retirement Benefits
But less than half are willing to do the same for better health care benefits, Willis Towers Watson learned in a survey.
Investors Want to Discuss Risk and Retirement Income
While 80% of investors say their adviser discusses risk tolerance, only 50% say they bring up the subject of guaranteed lifetime income.
HNW Investors Worry About Health Care Costs Due to Longevity
However, they also say their wealth has helped them live a healthier life, UBS found in a survey
Retirees Say Life Is More Expensive Than They Had Imagined
Health care costs, especially, come with sticker shock
Most Women Worried About Life in Retirement
Only 25% expect life to be better in retirement, Nationwide found in a survey.
More Than Half of Americans Not Contributing to a 401(k)
Furthermore, only 37% are contributing to an IRA, and 18% to a HSA, Edward Jones learned in a survey
Health Care Costs Negatively Affecting Workers’ Financial Picture
Of the 48% who say their health care costs have increased, more than one-quarter have decreased their retirement plan contributions.
DOL Issues ERISA Guidance for Plans Impacted by Hurricane Maria, Wildfires
The guidance covers verification procedures, timely loan and hardship withdrawal repayments, and health care coverage.
Benefits Need to Be Communicated Year-Round
By making workers aware of health and financial benefits, employers can make their workforce more engaged and productive—and avoid costly expenses.
Lack of Funds for LTC is Americans’ Greatest Fear About Aging
Yet only 20% have taken any step toward funding their long-term care expenses.
Many Pre-Retirees Misjudge Their Coming Expenses
A survey of the newly retired finds 40% spend more for health care than they’d expected.
PANC 2017: The Role of HSAs
The time is ripe for retirement plan advisers to get
into the business of educating about HSAs, experts say.
'OOP' Health Care Spending Biting Into Retirement Income
Medicare costs are expected to rise and deliver a significant blow to Americans' retirement savings, according to a new report by the CRR.
Benefitfocus Enhances CDHP and COBRA Administration
Through a single
partner, employers will be able to manage health care benefits, promote
enrollment and satisfy compliance requirements.
Ubiquity and HealthEquity Link 401(k) and HSA
Savers can now
invest intelligently and reduce costs with a single view of their retirement
and health funds, the firms suggest.
More Education Needed About Paying for Long-Term Care in Retirement
A poll found most Americans think Medicare or health insurance will cover the costs.
Investment Capability Added to HSA Platform
Lively, Inc. introduced investment capabilities through an integration with TD Ameritrade Institutional’s Self-Directed Plan Services platform.
Future Retirees Have Grim Outlook
In addition, more than one-quarter of recent retirees say life is worse because of income and cost of living.