Latest News
Going back to the basics
Many people are afraid of cuts to Medicare and Social Security. According to a new survey by NerdWallet, 70 percent of Medicare recipients are concerned that their benefits will be reduced in their lifetime. “When you have worries like this,…
It is time to optimize your coverage
Medicare premiums in 2026 are increasing to an estimated Part B premium of $206.50, according to the latest Medicare Trustees report. One of the largest year-over-year increases in a very long time. So, what is the Medicare recipient to do?…
Determining your retirement savings needs
Some leading retirement experts have said that two million dollars is generally enough to retire comfortably. But do you really need that much saved for retirement? Everyone’s idea of retirement is different, so should their retirement savings; however, there are…
Are American retirees underprepared?
Is retirement in America truly a tale of two cities? Yes, there is a certain section of the retiree population that is doing well during their retirement, while others are not. Why are U.S. retirees generally underprepared to live well…
National HSA day
Although Health Savings Accounts (HSAs) are not officially recognized as retirement savings accounts, they can be used to supplement retirement savings in various ways. In honor of National HSA Day, October 15th, the Plan Sponsor Council of America (PSCA) has…
Bring your retirement strategy up to speed
The only thing constant is change – Heraclitus. That can also be said about retirement planning. The world is evolving, so should your retirement strategies. The same old strategies that served our parents simply do not apply in today’s economy.…
A shifting retirement landscape
The recently released Vanguard Retirement Outlook analysis found that “if all workers had access to a defined contribution plan, retirement readiness would rise to 61 percent.” However, the U.S. retirement system has undergone a structural shift where defined benefit plans…
Medicare Open Enrollment will start Oct. 15th
Due to the government shutdown, updates to information on the Medicare.gov website may be limited or delayed. Your Medicare benefits and coverage will continue as before, and you can go to your doctor and access the health care services you…
Will your retirement savings last 25 years?
Retirement isn’t a carefree experience for everyone. Fears about money and declining health loom large, compounded by the uncertainty of what the future holds. A recent survey of pre- and post-retirees found that two-thirds of people fear running out of…
The Emergency Relief for Federal Contractors Act
Senator Catherine Cortez Masto, D-Nev., introduced legislation (S. 2964) on October 1st that would allow penalty-free distributions from retirement accounts in the case of certain Federal contractors impacted by Federal Government shutdowns. Companion legislation (H.R. 5690) was introduced in Congress…