Medicare

The gap for brand-name prescription drugs for Medicare beneficiaries is likely to narrow down to 25% of drug costs from the scheduled 30% next year.

A new survey finds that three-quarters of baby boomers expect to postpone retirement due to a unrealistic expectations of medical expenses, among other reasons.

The effects are looking like "every other much-hyped tax cut of the past three decades.”

Many are unaware that they are responsible for a majority of their medical expenses, aside from premiums and coinsurance costs.

Fraudsters call seniors and get them to provide their Social Security number or pay a "processing fee" for the new Medicare card.

Debt is back on the rise, this time led by government.

There can be substantial penalties for those who are late to sign up, but when exactly is that deadline?

Contributing $300 a month to a 401(k) over 40 years with an average 7% return will result in more than $700,000. So the benefits are there, but do your clients know the details?

Retiring at a time when the market is down is the biggest risk that investors will face. Here’s how to minimize the impact of a market slowdown.

The wealth management industry loves a good abbreviation. Here's a way to help master the jargon.

Advisors should educate themselves about the treatment of Medicare premiums, tuition fees and 401(k) distributions.

Seniors who reach the age of 65 and are in good health have the option of opening a Medicare medical savings account.

Solid financial planning is a key component in helping demystify these government programs.

Relying too much on tax-loss harvesting to generate an income is a common mistake that clients should avoid after they retire.

Small firms are allowed to set up multiple-employer plans, but the government needs to "simplify and rationalize the rules" for these types of plans, says an expert.

Financial advisors can still be held liable for violating impartial conduct standards even though the fiduciary rule has been delayed until 2019.

In September, the inflation rate was 2.23%, slightly higher than the proposed Social Security increase. So realistically, recipients "will not be better off at all."

Tax cuts today will increase deficits and future retirees will bear the brunt in reduced Medicare and Social Security benefits, according to one expert.

High-yield or junk bonds, equities, and real estate investment trusts are excellent investment options for IRAs.

The tax cut proposal would not benefit retirees because most of them either owe no federal income taxes or face a modest tax burden.