Results for "health care"
Displaying 270 results
Intriguing snapshot of HSA users
July 24, 2018
If financial advisers were asked to create a profile of the ideal prospective client, many might list young, college-educated workers with above-average incomes so they could help them grow their wealth over several decades. If that sounds like...
How advisers can ride the 'wave of opportunity' of aging clients
July 23, 2018
People are living longer than ever, but how can they live better? That's the question Joseph Coughlin is trying to answer at Massachusetts Institute of Technology's AgeLab, which Mr. Coughlin founded and directs. In his book "The Longevity Economy:...
Advisers applaud House bills to expand health savings accounts
July 16, 2018
Investment advisers applauded legislation recently passed by a House committee to expand health savings accounts, but the measures face a difficult road ahead. Last week, the House Ways and Means Committee approved a roster of bills designed...
Improved health outcomes can boost retirement savings
July 10, 2018
What would you say about a planning tool that quantifies how improved management of a chronic health condition can reduce a client's medical expenses, increase their life expectancy and boost disposable income? What if you took it a step further...
New ways to estimate and fund long-term care costs
July 5, 2018
Nothing strikes fear in the heart of retirees more than the three letters: LTC. The potentially crushing costs of long-term care in a nursing home, memory care unit or even at home — most of which are not covered by Medicare — can easily...
The black hole of financial planning: Health care costs
June 26, 2018
Affluent older adults are worried about what health care costs, including long-term care expenses, could do to their carefully laid retirement plans. Yet only about half of those who work with a financial adviser have discussed their fears because...
Vanguard research reframes retiree health care as annual expense
June 19, 2018
Framing health care costs in retirement as an annual expense rather than a lifetime lump sum can help investors better understand total annual expenditures and plan accordingly during their retirement years, according to new research from Vanguard....
Trump administration will let small businesses offer cheaper health plans
June 19, 2018
The Trump administration wants to make it easier for small businesses to join together to offer cheaper health-insurance plans that would lack some of the protections required under Obamacare. The U.S. Labor Department said Tuesday that it plans...
Medicare trust fund will be exhausted in 2026, three years earlier than expected
June 5, 2018
The main trust fund behind Medicare, the U.S. health-care program for the elderly and disabled, will be exhausted in 2026, three years earlier than was projected a year ago, the government said Tuesday. Medicare's Board of Trustees blamed the...
Death and taxes: A conversation we must have
May 30, 2018
With apologies for the dog-eared title, I had to follow up my last column about the importance of the wealth management ecosystem by calling out the importance of a really good human adviser. And there's no better place to start than with the...
Recent rule changes to boost retiree health costs
April 30, 2018
Individually, recent updates to Medicare and Social Security rules may not have seemed like a big deal. But when taken together, seven changes to Medicare means testing, Social Security cost-of-living adjustments (COLAs) and Social Security...
Job satisfaction tied to benefits satisfaction, survey finds
April 27, 2018
The happier employees are with their benefits, the happier and more satisfied they are overall, according to an analysis of survey data by the Employee Benefit Research Institute. The data, from EBRI's 2017 Health and Workplace Benefits Survey,...
The rich are betting they can buy their way to a longer life
April 20, 2018
Money might not buy love, but it can buy better health. And, to live as long as possible, the world's wealthy are willing to pay up. Over the past few decades, the average person's lifespan has risen almost everywhere in the world. In China,...
DOL proposal on association health plans could help advisers
March 28, 2018
Traditionally, one of the most significant obstacles many small business owners face is finding quality, affordable healthcare solutions for themselves and their employees. This includes countless Financial Services Institute members. Recently,...
Even the strongest retirement plans can be derailed by health care costs
February 26, 2018
Rising health care costs have long been the bane of working Americans, but most people don't give enough thought to how escalating health care costs in retirement can derail even the most solid financial plan. "While the exact cost varies for...
Growth in Health Savings Accounts may have stalled, says EBRI
February 20, 2018
Growth rates in health savings account (HSA)-eligible health plan enrollment have been trending down since 2014, showing very little growth since then, according to the Employee Benefit Research Institute. EBRI, a nonprofit, nonpartisan research...
New tool helps advisers estimate health care costs
January 23, 2018
The cost of health care in retirement consistently ranks as a leading concern among clients, yet it is a topic on which few financial advisers can offer specific guidance. That is about to change. A new tool from HealthyCapital unveiled this...
Beware: Medicare surcharges can change throughout year based on latest tax return
January 17, 2018
It's a new year and time for another dispatch from the retirement front, an occasional series of columns where I chronicle life with my retired husband and describe our personal retirement decisions. I hope it provides some insights to advisers...
Growth of HSAs opens new market for financial advisers
January 8, 2018
The increasing popularity of health savings accounts is creating a new avenue for financial advisers to add value, while also adding assets under management. Health savings accounts hold nearly $45 billion nationwide, having grown from less...
Tax bill may change your clients' health-care costs
December 29, 2017
The newly signed Tax Cuts and Jobs Act will affect how much your clients pay out of pocket on health care, in several ways. The effects will be both short term and medium term: • The "Individual Mandate" will be eliminated by Jan. 1, 2019....
