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It is expected that Medicare’s hospital-insurance trust fund will have depleted reserves by 2028 or two years earlier than last year's estimates, according to report.
June 23 -
The senator has introduced legislation that calls for a database of all retirement accounts, and for investing abandoned accounts in target-date funds.
June 22 -
Clients who are currently investing for retirement should anticipate a paltry long-term return given today's market conditions, says BlackRock Chairman and CEO Larry Fink.
June 21 -
The proposals would enhance retirement security for those who depend most on the program; plus, three ways to lower long-term-care insurance premiums.
June 20 -
Retirees diagnosed with serious health concerns should adjust their expectations on how they should spend their time and money.
June 19 -
MLPs deliver returns and may help lower payments to the IRS. Plus, the costs of age-related milestones and ETFs.
June 16 -
Retirees are advised to compute how long their savings would last at specific spending rates to know how much wiggle room they have.
June 16 -
Missed compounding opportunities, steep taxes and penalties and the possibility of forced early retirement, that's why.
June 15 -
Retirement savers can ward off the risk of succeeding periods of bad returns during the early part of their golden years with the right asset allocation.
June 14 -
Spouses are generally entitled to Part A hospital coverage from the government program if the worker meets certain requirements.
June 13 -
A new company allows Baby Boomers looking for cheap accommodation to connect with homeowners looking for trustworthy people to watch their house and pets.
June 10 -
These strategies can help U.S. citizens living abroad cut their payment to the IRS. Plus, estate and gift issues for married couples from different sides of international borders and the downsides to whole life insurance.
June 9 -
As clients get into their fifties, they need to start looking at where they are and start ramping up their retirement and investing planning.
June 9 -
The decline could be attributed to poor market returns and the plans' auto enrollment feature.
June 8 -
Clients in their 50s need to save aggressively, pay off their mortgage and other debt, downsize and make the most of the tax breaks they deserve.
June 7 -
Clients may pay taxes on their Social Security Disability Insurance benefits if 50% of the benefits and their other income exceed certain thresholds.
June 6 -
Some private insurance companies now offer Medicare Advantage plans, which offer many of the same benefits as the coverage in Part A and Part B.
June 3 -
Long-term investors have nothing to fear when it comes to short-term market volatility.
June 2 -
These college savings portfolios have adequate exposure to large-cap equities and other core assets, but aren't as good on more specialized investments compared with target-date funds.
June 1 -
Many Americans stop working before age 70 for health reasons. In one study, nearly 80% of workers who stop working before age 65 do so for their own health or to care for a family member.
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