Health and wellness

Taxpayers face a 5% penalty if they fail to meet the deadline.

To bridge the gap between employer coverage and Medicare eligibility, retirees face a number of daunting choices.

Establishing an S corporation would protect their profits from federal income taxes of more than 23.8%, an expert says.

Health savings accounts offer triple tax benefits, allowing clients wiggle room to save for rising health care costs.

The deadline to apply is Sept. 27.

Medicare, longevity, medical expenses — these are some of the most pressing issues facing clients.

From surcharge brackets to prescription drug plans, advisors need to understand how Medicare works.

Clients who outlive their retirement savings are among those most at risk.

Seniors living overseas are advised to enroll before moving back to the U.S.

Just 62% of women are protected compared to 76% of their male counterparts, research shows.

Withdrawals for non-medical expenses would no longer be penalty-free under the proposal.

Those who didn't save early may miss key opportunities, experts say.

Clients can use Roth IRAs, 529 plans and — yes — life insurance to give their children a head start.

Which is better? An SEP plan or solo 401(k)?

With their pro bono efforts, advisors have helped clients manage thousands in debt, plan for future health care costs and even offered healthy recipes.

But health care is probably more expensive.

Guiding them through the fine print of narrow networks, deductibles and copays could become a key differentiator.

The rule can create significant tax savings, but in unskilled hands it can just shift the burden elsewhere.

The agency is asking taxpayers to account for multiple jobs within a household and to factor in the $2,000 child tax credit for each kid under 17.

The limit on deductible contributions to health savings accounts will jump by $50 for individuals and $100 for families next year.