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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…
HSA participants do not see them as a tax savings or retirement tools
The 2018 Alegeus’ HSA Participant Profile report found while health savings accounts participants see them as an important part of their medical insurance strategy, participants do not see them as vehicles for tax-savings or adding to their retirement accounts. The…
Expensive drugs are playing a major role in the cost of health care
According to a new report conducted by Sun Life, the largest independent stop-loss provider in the U.S., the number of patients whose medical care cost at least a million dollars over the course of a year rose by nearly 90…
What happens when you postpone your retirement months instead of years
A study published in the National Bureau of Economic Research (NBER) suggests you would only need to work an extra three or four months beyond your full retirement age to equal an additional one percent retirement savings over the thirty…