A healthy 65-year-old couple retiring projected to spend on healthcare
It is estimated that a healthy 65-year-old couple retiring in 2020 is projected to spend approximately $351,000 in today’s dollars
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HRAs/HSAs
The IRS hopes to create a new way to pay for routine health care
The IRS hopes to create a new way to pay for routine care by allowing individuals or families to use
Read MoreCoronavirus Surprise: IRS Allows Midyear Insurance And FSA Changes
(By Michelle Andrews for Kaiser Health News) The economic upheaval and social disruption caused by the coronavirus pandemic have upended
Read MoreIRS has increased the 2021 contributions limits for HSA
The IRS has increased the 2021 deductible contributions limits for health savings account by $50 for individuals and $100 for
Read MorePossible mid-year changes to health plans, expands FSAs and More
Last year when you were picking your 2020 employer health insurance policy you couldn’t have planned for the coronavirus pandemic.
Read MoreThe value of a Health Savings Account
Health savings accounts (HSAs) have triple tax benefits and it can be a powerful retirement savings vehicle. If an employer
Read MoreThe Lower Health Insurance Deductibles Act
Senators Rick Scott and Kyrsten Sinema introduced the Lower Health Insurance Deductibles Act (S.3439); the bill would grant insurance companies
Read MoreWhy you need a health savings account
Many seniors assume that Medicare is free; however, it costs money just to maintain your coverage. Also, many seniors are
Read MoreFive lesser-known HSA benefits
Are you looking for a way to reduce the project $369,000, on average, you will spend on health care during
Read MoreMedicare won’t cover all of your healthcare needs
While the Medicare program does provide access to a wide range of providers throughout the United States; however, it does
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