Latest News
Health Savings Account Stand-Alone Legislation?
According to Chatrane Birbal, senior advisor for government relations at the Society of Human Resource Management, the health savings accounts (HSA) portion of the proposed regulations may resurface as a stand-alone legislation with additional modifications to the ACA. Read article…
Seventy-Three Percent Say Getting Sick is their Greatest Retirement Fear
In a recent UBS Wealth Management Americas survey, 84 percent of wealthy investors (those with $1 million or more in investable assets) say they are confident they have saved enough for a comfortable retirement. However, 73 percent say that getting…
In 2016, Improper and Overpayments for Medicare Programs total $60 Billion
In 2016, federal health officials made more than $16 billion in improper payments to private Medicare Advantage health plans. If we add in the overpayments for standard Medicare programs, the total amount approaches $60 billion – which is almost twice…
Taxes and Retirement Quiz
So the idea of paying taxes on your retirement savings is not appealing to you, but if you know what you’re doing, you can avoid overpaying them. Take the following quiz to test your knowledge about taxes in retirement. Take…
Semi-retired Status at the Defense Department
Air Force civilians are now eligible for a phased retirement option and taking on a “semi-retired” status at the Defense Department. As part of the Department of Defense initiative announced last June, this option gives civilian workers the option to…
Eight Most Prevalent Retirement Rumors That Should be Ignored
If you want to retire, you will need to learn to sort fact from fiction and good advice from bad. In the attached article list eight most prevalent retirement rumors that should definitely be ignored. Read article here… Notice: The…
Having a Back-up Plan
For those employees that work for a private-sector employer who provides as a benefit a traditional pension, you may consider having a back-up plan. Why? In recent weeks a number of well-known firms have frozen the pay and service amounts…
Re-prioritizing Your Financial Goals
With all the competing priorities in our lives, retirement may seem like a fairy tale; but rest assured you can retire someday. It is important to re-prioritizing your financial goals to save more, spend less and also reduce expenses so…
Company’s Retirement Benefits are Declining Due to Health Care Costs
According to Willis Towers Watson, a consulting company that helps large corporations design benefits packages, although employers have actually been spending more on benefits than they did half a generation ago; however, it’s health care benefits that are eating up…
United States Ranked 17th in Retirement
The Natixis Global Asset Management’s Global Retirement Index ranks 43 mainly developed countries on their ability to offer its citizens a secure retirement; it lists United States at number 17 (down three spots from last year). Angela Moore, Senior Editor…