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New proposal would remove safe-harbor protections for drug rebates
The Office of Management and Budget was sent a proposed regulation that would make changes to federal safe harbor protections that have allowed drug rebates. Although the details of the proposal weren’t available, the title of the proposal “Removal of…
How resources are used to elicit life satisfaction in retirement
A new study found retirees tend to spend less in retirement than while they were working, but do so without an apparent decrease in life satisfaction. It’s not necessarily the amount you spend in retirement, it’s what you spend it…
Retiring as a single person isn’t easy, here are a few things you ought to know
Regardless of your marital status, retirement is a milestone you need to plan for. If you’re single, retirement can pose certain financial challenges that don’t tend to impact couples the same way. So if you are retiring as a single…
What is a Medigap supplement plan?
What is a Medigap supplement plan and what does it cover? In Philip Moeller’s “Ask Phil” column, he gives a tutorial on Medigap supplement plans. Read his tutorial here… Notice: The link provided in the text above connects readers to the full…
Solo Seniors
According to research by Dr. Maria Torroella Carney, chief of geriatric and palliative medicine at Northwell Health in Great Neck, New York, 22 percent of people 65 and over are either an elder orphan or at risk of becoming one.…
Most older workers are looking for these jobs
According to research from the Federal Reserve Bank nearly one in four workers over the age of 65 are active in the workforce. Also, according to Indeed, employment website, the most clicked-on job openings for workers 62 are an assortment…
Easy to overlook expenses that can deplete your retirement nest egg
Before you leave your job and start your retirement, you should sit down and review your finances. You may be surprised to see the fees tied to your retirement accounts and how much some of these charges can deplete your…
Four bipartisan bills introduced intended to boost American’s retirement savings
Four bills were introduced as a package of bipartisan legislation intended to boost American’s retirement savings and help small business set up retirement plans. The four senators said in a joint statement that the package of bills would “make needed…
Medicare won’t cover you abroad, so you will need to purchase another health insurance policy
If you plan to move overseas for retirement you will need to plan for health care and health insurance. Your U.S. health insurance probably, with a few exceptions such as military policies, won’t cover you outside the United States and…
Three retirement planning tips all Americans should know and use
Many people find saving for retirement difficult, but with a good working knowledge of a few key retirement savings concepts it doesn’t need to be. By using the three retirement planning tips listed in the attached article, you can put…