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Can You Afford Health Care In Retirement? You'll Need At Least $86,000 In Savings, More For Women
2024 Aug 04, 10:17am | 414The 2024 Milliman Retiree Health Cost Index projects that health care expenses for retirees will continue to rise, with costs varying based on health status, location, and age at retirement, which must all be considered when planning for retirement. For a healthy 65-year-old retiring in 2024 with a...
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Government To Match Retirement Savings For Millions Of Workers, Opening New Opportunities For Financial Advisors
2024 Jul 28, 10:00am | 456The Saver’s Match, created by the SECURE 2.0 Act of 2022, is poised to transform retirement savings for low-income workers, and could bring a whole new audience to financial advisors. Set to launch in 2027, this program will convert the existing Saver’s Credit into a federal government...
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IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things 'Even More Insanely Complicated'
2024 Jul 21, 10:00am | 418The Internal Revenue Service and Treasury Department have released final regulations updating required minimum distribution (RMD) rules for beneficiaries under the 10-year rule. These regulations, stemming from the SECURE and SECURE 2.0 Acts, confirm that most IRA beneficiaries must take...