Healthcare plans

“Honestly, it’s a little frightening,” said Joel Schiffman, who oversees defined contribution products in North America for Schroders.

Both have their allure, but astute advisors can sort out the best choice between low-cost and premium versions.

The Internal Revenue Service issued its annual inflation adjustment Wednesday for health savings accounts for 2021, at a time when many taxpayers are worried about their health in the midst of the novel coronavirus pandemic.

The IRS is extending the claims period for health care flexible spending arrangements and dependent care assistance programs and enabling taxpayers to make mid-year changes to their accounts.

"It took a little time to regain our equilibrium."

They are triple-tax advantaged, but also introduce significant challenges — especially for life partners with multiple accounts.

Buyout amounts are high right now, but there are many other factors to consider when guiding your client to the right choice.

Jason Wenk, founder of Altruist, is ramping up for an end-of-year debut.

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

The cost of health care before retirement is inherently more volatile than after, according to an expert.

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

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

Clients who consider contributing to their health savings accounts past their full retirement age are advised to rethink their plan.

Some seniors are missing out on a potential 20% tax deduction, and “no one is talking about what a wonderful retirement planning technique" it is, says an expert.

Financial advisors are uniquely poised to help clients' families with end-of-life planning needs when doctors and lawyers can’t.

Advisors have a responsibility to draw them into discussions about end-of-life financial planning.

It's not easy to talk about health and sickness with clients, but advisors must explain the options.

The health-care program for the elderly and disabled covers about 58 million Americans.

Advisors should coach their clients not only on their finances, but on health care options, as well.

Advisors have very little power to fix the health care system, but they can help others manage skyrocketing medical costs.