Why This Investment Account Is Key For Longevity Planning
Women in their 40s and 50s will be faced with a big decision this open enrollment period for benefits and it is one on which they need to take the long view. As employees and their families review their medical plan options, many will have the option of a high-deductible-compatible health care plan. This is […]
Worried About Investing In Stocks During Retirement?
Today’s uncertain investing environment presents a serious dilemma to many pre-retirees and retirees: How much money can you afford to risk by investing in the stock market? On the one hand, you might be afraid of stock market crashes, since you might not be able to return to work to make up any investment losses […]
Here’s what you should do differently during open enrollment
Every year around this time, companies offer employees the chance to update their benefit preferences during open enrollment. Usually, the changes are minimal. Not this year.
Planning To Shop For A Medicare Advantage Plan During Open Enrollment? Tackle It Like Buying A Car
Do you remember how much time you spent shopping for the last car you bought? One study said car buyers spend almost 15 hours. Now, think about your Medicare Advantage plan. How much time did you spend checking that out? There haven’t been any official studies but, based on my observations over the last eight […]
How To Make Smart Medicare Open Enrollment Choices In 2020
The 2020 Medicare Open Enrollment season runs from October 15 through December 7 and it’ll be even trickier than normal for new and existing beneficiaries. That’s due to a combination of Covid-19, changes in Medicare rules and new types of coverage offered by private Medicare Advantage plans. So, Next Avenue talked to Medicare experts for […]
If You’re On Medicare, Here’s What You Should Know About The Flu Shot
The flu season is coming. We don’t know exactly when it will arrive or how long it will last but it’s on its way. In the United States, flu season generally begins in October, peaks between December and February, and extends into May. Every year, the arrival of the flu presents a risk for seniors. […]
Help Is Here For Lonely And Isolated Seniors
By this point in our adventures with Covid-19, everyone has heard about the perils of loneliness that often accompany the isolation imposed on older adults, whether they are living in their own home or in a senior community of some kind. The challenge has been what to do about it.
Factors Affecting The Parameter Values For Fixed Index Annuities
The previous discussion makes clear that the parameters offered by an FIA (floors, participation rates, caps, spreads, and buffers) will depend in large part on the level of interest rates and the cost of financial derivatives for the associated index. Higher interest rates mean that principal can be protected with less assets, which then leaves […]
What Could Help You Decide The Best Time To Start Claiming Social Security
By Richard Eisenberg, Next Avenue Managing Editor Millions of Americans are rightly concerned about the future solvency of Social Security. But there’s another key Social Security concern: the prevalence of people starting to claim their Social Security benefits early, depriving them of larger payments from the government by delaying. When to begin claiming Social Security […]
Your Medicare Plan’s Annual Notice Of Changes: Have You Read It?
If you have a Medicare Advantage or Part D prescription drug plan, you’ll want to read this post. By now, you should have received an envelope labeled with “Important Plan Information” in bold type. If you’re like most, you probably don’t recall getting this notice, which can be 15-30 pages or more, depending on your […]