With inflation at a 40-year high, current and future retirees should expect health care costs to claim an even bigger part of their budgets, according to new research from HealthView Services, a leading provider of retirement health care cost data. ...

This article is part of a series of special reports appearing in the March 21, 2022, edition of InvestmentNews. From the Covid-19 pandemic to the Russian invasion of the Ukraine, the world has lurched from one crisis to the next over ...

Raising the normal retirement age for Social Security benefits will likely be among the reforms Congress considers to address the program’s long-term financial challenges, the American Academy of Actuaries explains in a new issue brief. Social Security’s Board of Trustees ...

I received an interesting question recently regarding Medicare eligibility for same-sex couples. Sherri Weintrop, a financial planner with Wealth Management Advisors in St. Louis, wrote to me with a question about her client, Bob. Bob plans to retire at age ...

With more than 2,700 rules, Social Security is certainly a challenging topic for many financial advisers who want to help their clients optimize their benefits. But when it comes to dealing with divorced clients and the various rules and exceptions ...

If America is facing a retirement crisis, then a potential 401(k) plan distribution option that helps workers delay claiming Social Security could serve as a bridge over troubled waters. (Forgive me. I just saw the new musical, “The Simon & ...

Although Social Security benefits continued uninterrupted throughout the pandemic, customer service declined precipitously when the more than 1,200 field offices closed to the public in March 2020. Currently, appointments are available on a limited basis for dire emergencies and for ...

As many retirees struggle to pay higher monthly Medicare premiums, several leading advocacy groups are urging the federal government to lower those premiums now that use of a new Alzheimer’s drug — the primary driver of the record hike in ...

Think of the first quarter of the year as Medicare do-over season. During Medicare’s general enrollment period, which runs from Jan. 1 through March 31 each year, people who missed signing up for Medicare when they were first eligible get ...

A recent explosion of retiring boomers is putting new demands on the Social Security Administration, and the agency is having a hard time keeping up. Think of it as yet another supply chain disruption during the Covid era. But instead ...