seniors
Unused Medicare Advantage benefits
The Commonwealth Fund reports that three in 10 Medicare Advantage beneficiaries have not used any supplemental benefits in the past year. Although one in four Medicare Advantage enrollees reported choosing their plans because of them. The Centers for Medicare and…
Healthcare costs in retirement
The latest survey conducted by the Nationwide Retirement Institute found 73 percent of respondents list healthcare costs as one of their top concerns for retirement. Also, 71 percent of the respondents say they are terrified of how the expenses could…
Americans retirement readiness is improving
Two out of five Americans are on track to meet their spending needs in retirement; however, the typical American will have an annual shortfall of $5,000 in spending, according to Vanguard. “Although we see progress, there is still more work…
Thinking about making a change?
Medicare Advantage (also known as “Part C”) is a Medicare-approved plan offered by a private company that offers an alternative to Original Medicare. Medicare Advantage plans “bundle” Medicare Parts A, B, and usually Part D. Many plans offer extra benefits…
Is a Medigap plan right for you?
We are in the final days of the Medicare Open Enrollment period. The Medicare open enrollment period ends on December 7th. With all the changes happening in the Medicare Advantage market for 2026, including fewer Medicare Advantage plans, trimmed-down or…
Medicare changes for 2026
Medicare is the federal health insurance program for people who are 65 and over. Medicare is divided into four parts: Medicare Part A, Part B, Part C (Medicare Advantage), and Part D. Like many things this year, it has been…
Living on Social Security
The Social Security program was created to provide a financial foundation for lower-income workers who had worked hard throughout their lives but would otherwise not be able to take care of themselves financially during retirement. However, Social Security was never…
Why HSAs are important
Health Savings Accounts (HSAs) are not considered traditional retirement accounts; however, they serve as an important component of retirement readiness. According to the 2024 Devenir & HSA Council Demographic Survey, there are more than 39.3 million HSAs in the U.S.,…
New 2026 IRS Rules which may affect your retirement
With each changing year, the IRS updates its rules, and those which affect retirement are among them. Such is the case for year 2026, where the IRS has issued new rules which may help you save more for your retirement.…
Artificial Intelligence (AI) – Be Careful of the Pitfalls
Artificial Intelligence (AI) is all the rage these days, with even the U.S. government getting on the bandwagon to try to harness this new and exciting technology. And it is, indeed, exciting, and a convenient method to do research, especially…