Medicare

Social Security benefits will increase 2.8% next year, but some retirees will not see a rise in their retirement paycheck because of Medicare's hold-harmless provision.

The anxiety is real — and so are the expenses — but the situation might not be as bad as some imagine.

A typical Social Security payment is likely to cover basic costs in these areas.

A small group will actually pay less in premiums because the cost-of-living adjustment in their Social Security benefits next year won’t be large enough to cover the premium increase.

Those new to Medicare may not realize they need to buy a separate policy to cover prescription drugs. There are some partial exceptions, but even in those cases, coverage can vary.

Among current retirees, the numbers aren't much better: 60% of them have not calculated how much health care costs impact their savings.

Advisors must be wary of “making permanent decisions based on a temporary law,” an expert says.

Many seniors who succeeded in retirement set their sights on becoming millionaires while they were young.

Clients are advised to start looking for coverage in the marketplace, which will be open for 2019 enrollment from November 1 through December 15.

In some cases, amassing a large IRA can have unforeseen negative consequences, including higher Medicare costs. Here’s how Roth conversions and other strategies can help.