Medicare do-over season
Those who missed enrolling in the program when they were first eligible get a second chance during Medicare's general enrollment period, which runs from Jan. 1 through March 31 each year.
Public slow to embrace Social Security’s online tools
Financial advisers could fill the void when it comes to clients' questions about when to claim benefits.
Widow’s dilemma: When to claim Social Security
Survivors are subject to an earnings limit if they claim the benefit before reaching full retirement age.
Social Security offices to remain closed indefinitely
The agency has not set a reentry date for in-person appointments, although some executives have returned to their offices as of December.
2022 outlook for Social Security
There's good and bad news on the horizon, including the biggest annual cost-of-living increase in 40 years, but also an offsetting rise in Medicare premiums.
Some Social Security checks to decline in 2022 due to IRMAA
Medicare high-income surcharges combined with higher Medicare premiums will take a bigger chunk of retirement benefits in the new year.
Demand for Social Security advice increases
The pandemic is boosting retirement among baby boomers, as well as their questions about when to claim benefits.
Caregivers in the spotlight
November is National Family Caregivers Month, celebrating the more than 53 million people in the U.S. who currently provide unpaid care to a relative or friend.
Medicare premiums, IRMAA surcharges to rise in 2022
The 15% hike in the Medicare Part B premium is one of the largest annual increases in Medicare’s history, as COVID-related expenses and a new Alzheimer drug drive costs higher.
Confusion about Medicare plagues older workers
Contributions to health savings accounts can trip up enrollment after the age of 65.
Teaching women investors to embrace risk
Women's longer life expectancies and the likelihood that most will spend their final years on their own indicate the need to take more risk with their retirement portfolios. Unfortunately, most female investors do the opposite.
Managing your clients’ expectations around Social Security
Don’t let clients sabotage their retirement plans because of fears about the program’s finances. Advisers can help clients put trust fund solvency woes into perspective.
Social Security announces 5.9% COLA for 2022
The cost-of-living adjustment will result in the largest increase in retirement benefits and taxable wages in 40 years.
Few are prepared for long-term care costs
Families continue to provide the bulk of unpaid care, according to a new report that estimates more than one-third of individuals don't have the resources for even a year of minimal care.
The biggest gaps in Medicare: Dental, hearing and vision coverage
A new study details the uncovered costs retirees face for those services as Congress considers expanding Medicare Part B to include such coverage.
Putting Social Security’s financial outlook in perspective
The acceleration in the projected depletion of the trust fund is bad, but given that this was the first report to include the effects of the pandemic-induced recession, the news could have been worse.
Medicare open enrollment begins Oct. 15
Clients don't have to make any changes, but they may be able to save money by re-shopping their prescription drug coverage.
Social Security trust fund to be depleted 1 year sooner than expected
The 2021 Trustees Report shows the trust funds will run dry in 2034 as a result of the economic fallout from the pandemic.
Social Security Trust Fund report to document impacts of Covid-19
The long-delayed report, which is due every year no later than April 1, is expected this week and should highlight the pandemic's impact on program funding.
Serial spouse has several Social Security claiming options
The woman, who's twice divorced and widowed, can select the biggest of the benefits available.
