Medicare, ACA care and how to navigate during enrollment

Health-Insurance-150-x-220-px

This is enrollment season for two huge public health insurance programs: Medicare and the Affordable Care Act health insurance exchanges. For older Americans, the overlapping sign-up periods can lead to confusion and enrollment errors. Insurers offering Medicare and ACA policies have big money at stake, and consumers are subject to a blizzard of marketing messages. […]

Five takeaways on retirement policy from the midterm elections

Mitch McConnell

Retirement policy wasn’t on the ballot in last week’s midterm elections. But the new political landscape could threaten the retirement security of middle-class households. With Republicans in full control of Congress, expect efforts to cut Social Security and Medicare benefits. And more Republican-controlled statehouses mean more efforts to curtail state and local workers’ pensions. One positive […]

Biggest surprises in retirement? The experts weigh in

exclamation-point-150-px

The Great Recession served up some nasty financial surprises to retirees – the housing crash, job loss and shrunken 401(k)s top the list of causes for the retirement insecurity that so many face. But retirement can bring lifestyle surprises, too. It’s one of life’s biggest transitions, and a major leap into the unknown. Hoping to […]

The 50-Plus Job Market: 5 Trends to Watch

employees-280-x-165-px

Working longer is a mantra these days for many Americans hoping to build greater retirement security. Staying on the job even a few years beyond traditional retirement age makes it easier to delay filing for Social Security; it also can mean more years contributing to retirement accounts and fewer years of depending on nest eggs […]

Pages: 1 2

A report from the epicenter of encore careers

Kate-Williams-150-x-220-px

PHOENIX – The ironic location of the Encore 2014 conference wasn’t lost on Marc Freedman, the organization’s founder and CEO: Maricopa County, Arizona, birthplace of the idea of retirement as a time of leisure. In January, 1960, Del Webb opened Sun City here. “Webb was a remarkable social innovator, and he came up with the idea of […]

Social Security reform should boost benefits and taxes, poll finds

NASI-survey-cover

It’s no surprise that a new public opinion survey would find broad public opposition to cutting Social Security benefits. But a survey released this week [PDF] by the National Academy of Social Insurance finds a strong majority of Americans actually support boosting benefits – and taxing themselves to pay for it. The survey uses a polling […]

Why Social Security COLAs aren’t keeping up with seniors’ costs

Percentage-sign---slider

Social Security’s annual inflation adjustment is one of the program’s most valuable features. But it’s time to adjust the adjustment. Retirees will get a 1.7 percent bump in their Social Security benefit next year, according to the Social Security Administration, which announced the annual cost-of-living adjustment (COLA) on Wednesday. Recipients of disability benefits and Supplemental […]

Quality issues keep dogging Medicare Advantage plans

Health-Insurance-150-x-220-px

Seniors have flocked to Medicare Advantage in recent years, attracted by savings on premiums and the convenience of one-stop shopping. But as the annual Medicare enrollment season began this week, a memorandum from federal officials to plan providers surfaced that serves as a big red warning flag. The upshot: Assess the quality of any Advantage […]

Shining a light on a murky election-year Social Security debate

Hagan-ad-150-px

In North Carolina, a television ad attacks incumbent Democratic Senator Kay Hagan for supporting a “controversial plan” that “raises the retirement age” for Social Security. The ad comes from Crossroads GPS, the super PAC run by Republican Karl Rove. A Republican attack on a Democrat for cutting Social Security benefits? It’s just one instance where […]

Timing your Social Security filing: Where to get assistance with the big decision

Clock-280-px---160-px

Deciding when to file for Social Security is one of the most consequential financial decisions most Americans will make about their retirement. Opting to claim benefits early, at the Full Retirement Age (FRA), or later can mean hundreds of thousands of dollars in higher–or lower–lifetime benefits for a married couple. But Social Security’s rules are […]

Pages: 1 2