Retirement Expert Says Social Security Not ‘Going Bankrupt’
Social Security has survived past solvency crises, but it is not clear to industry expert Marcia Mantell what action Congress...
Tag: medicare
Senior Couples Need $388k Saved for Health Care Costs: Milliman
A healthy 65-year-old couple will need $17,000 more in savings for total retirement health care costs than was needed in...
Medicare Awareness Is Crucial Missing Piece in Retirement Planning
Working seniors need professional advice when making coverage decisions, but only 21% of retirees with advisers receive health care planning,...
Americans Are Calling for Policymaker Action on Social Security
Reports from HealthView and Transamerica show people want policymakers to work on shoring up Social Security now.
Biden State of the Union: Cut Junk Fees, Not Social Security
President Joe Biden highlighted his administration’s regulations that limit various fees and said the Social Security eligibility age should not...
FINRA Study Tests Senior Vulnerability to Social Security Scams
Older adults without cognitive impairment are still vulnerable to scams, FINRA and JAMA found.
GOP Budget Plan Calls For Spending Cuts That Would Include Social Security Administration
The bill that passed the House yesterday would threaten delays in Social Security payments, according to an industry lobby group.
Advisory M&A
July acquires Turning Point Associates; Cetera Announces Acquisition and 2 Strategic Relationships; Easy Street Insurance Joins Integrity; and more.
White House Budget Proposal Increases Funding for DOL Enforcement Actions
President Joe Biden’s proposal for fiscal 2024 also provides Social Security Administration, IRS with more money to improve customer service.
Biden “Won’t Let” Republicans Cut Social Security
In the State of the Union address, Biden commits to protecting Social Security and Medicare from cuts to address the...
Making Retirement Income Projections Useful
Plan participants need advisers to go beyond just awareness of their balance to thinking about that balance in the form...
What Advisers’ Need to Know to Discuss Medicare
Discussing a participant’s particular needs well ahead of their 65th birthday is key.
Deciphering Medicare Costs in Retirement
New research examines differences in spending between the two most popular Medicare plans.
Strategies for Reining In Health Care Costs in Early Retirement
Health savings accounts and direct primary care can help keep medical bills from spiraling out of control.
65 Incorporated Rolls Out Medicare Planning Software for Advisers
The i65 suite of software products enables financial advisers to help clients with some of their most consequential retirement decisions.
PSNC 2020: Considering Health Expenses in Retirement Planning
Experts weigh in on health savings accounts (HSAs) and the need for health care education in the retirement industry.
Biden’s Plan to Shore Up Americans’ Retirement Builds on Status Quo
It proposes reinforcing Social Security and Medicare as key steps to providing greater retirement security to older Americans.
Health Care Will Cost a 65-Year-Old-Couple $396K Over Their Lifetimes
This is assuming their health is average, according to Milliman.
Learning the Medicare Alphabet Is a Must for Modern Advisers
Do you know the difference between Medicare Parts A and B? What About Parts C and D?
Wealthy Investors Question Adviser Expertise
The Spectrem study found 59% of investors said their adviser understands Social Security benefits, while 47% said their adviser is knowledgeable about Medicare.