Yet only 20% have taken any step toward funding their long-term care expenses.
Tag: Health care
A survey of the newly retired finds 40% spend more for health care than they’d expected.
The time is ripe for retirement plan advisers to get into the business of educating about HSAs, experts say.
Medicare costs are expected to rise and deliver a significant blow to Americans' retirement savings, according to a new report by the CRR.
Through a single partner, employers will be able to manage health care benefits, promote enrollment and satisfy compliance requirements.
Savers can now invest intelligently and reduce costs with a single view of their retirement and health funds, the firms suggest.
A poll found most Americans think Medicare or health insurance will cover the costs.
Lively, Inc. introduced investment capabilities through an integration with TD Ameritrade Institutional’s Self-Directed Plan Services platform.
Companies midsized and up are likelier to offer NQDCs, HSAs and more
In addition, more than one-quarter of recent retirees say life is worse because of income and cost of living.
Advisers who help plan sponsor clients address employees' health care cost concerns may be helping to boost employees' retirement savings.
A 65-year-old couple retiring today can expect to pay $400,000 in health care expenses.
The health care cost inflation projections contained in HealthView Services’ latest reporting are simply astounding; accounting for projected lifetime inflation, a healthy retired couple at 65 can expect $600,000 in health-related expenses alone.
A significant number of workers underestimates what they are likely to pay for health care in retirement and many are unaware of Social Security basics, a new survey finds.
Cetera Expands Retirement Business; Mercer Expands Leadership in Detroit Office; OneAmerica Names West Coast Relationship Executive.
Seventeen percent of respondents to a survey by Paychex said they did not see the need to offer retirement benefits to their employees.
The majority (75.3%) of the employers responding to the Plan Sponsor Council of America (PSCA) HSA (Health Savings Account) Snapshot Survey view HSAs as part of their retirement benefits...
One common mistake plan sponsors make is representing the HSA as part of their employee welfare benefit plan.
"Employers may want to reevaluate the allocation of benefit dollars to better respond to employees’ needs and concerns,” says Alexa Nerdrum with Willis Towers Watson.
Owners of health savings accounts (HSAs) are primarily using them for immediate needs, EBRI finds.