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IN THIS CORNER: The new investments
If you are planning retirement – or even just daydreaming about it – it may appear difficult to find guarantees in a financial landscape changed by the stock market downturn of 2008-09. It has rebounded, yet effects of the crash…
10 Quotes on Social Security from Members of Congress Who Care About Your Retirement
Social Security is the healthiest part of our retirement security system, and protecting and improving Social Security benefits is the best solution. This was the consensus of working families’ advocates and members of Congress at a conference held yesterday by Social…
Take time to calculate long-term care costs
There are important realities every American must know about long-term care. Long-term care is more expensive than most people think. And, most importantly, the cost of care is usually paid for out of savings and income. Read more… Notice:…
CMS Releases Medicare Home Health Final Rule for 2014
The Centers for Medicare and Medicaid Services (CMS) released the final rule for the Home Health Prospective Payment System for 2014. The rule affects services provided by home health agencies under Medicare Part A beginning January 1, 2014. The national standardized…
Reboot your retirement
December marked the fifth anniversary of the beginning of the recession and for many Americans, it has taken all of that time to get their retirement planning back on track. According to Fidelity Investment’s analysis of its 12 million 401(k)…
How married couples can earn more Social Security benefits
Married couples seeking to maximize their Social Security income will need to pull off an intricate foxtrot through a thicket of bewildering rules. But having an experienced teacher helps. So here are a few winning strategies to help you successfully…
Started Social Security too early? 5 possible fixes
“I wish I’d read your articles before!” That’s the reaction of some of my friends in their 70s who started their Social Security benefits at age 62. They’re reacting to the articles that I’ve written about the . This strategy, which has…
Dropped docs cause panic for seniors
United Healthcare’s decision to drop hundreds of physicians from its Medicare Advantage plan during the current Medicare open enrollment period has created panic among senior citizens at more than a dozen practices across the state and will force thousands of…
Unable To Afford Retirement, More Americans Opt For ‘Partial Retirement’
In the wake of the Great Recession and snail-paced economic recovery, some of the worst-hit have been those close to retirement age. A study by University of Michigan finds that more Americans are becoming partial retirees, where those close to retirement age…
Medicare Plans Cutting Docs to Save $$
Medicare managed care plans are dropping doctors from their networks in an effort to improve their star ratings and save money, financial analysts said here. Some Medicare Advantage plans — particularly UnitedHealthcare in the Northeast — are cutting thousands of doctors from their…