Preparing for Health Care Costs in Retirement
Health care costs can erode retirement savings as employer coverage shrinks and Medicare gaps appear. Experts urge early planning, higher savings, and delaying retirement to preserve benefits, with estimates showing a 65 year old couple needing around 200000 for medical costs, not counting long-term care, prescriptions, or dental.
MENTIONED IN THIS ARTICLE
Southlake
Texas
Bryan Clintsman
Chntsman
Jere Francis
Bedford
Fidelity Investments
Francis
Employee Benefit Research Institute
Washington, D.C
Clintsman
Chintsman
Marianne Fazen
Dallas-Fort Worth
On Health
Kaiser Family Foundation
Health Research and Educational Trust
Watson Wyatt
Fazen
Dion
Witscgggumva
Avillo
Avup
LuLu
Windfall Elimination Provision does not fully cut Social Security benefits
The WEP lowers but does not eliminate benefits. In 2026 the maximum WEP reduction is $328 per month, with an average reduction around $198. The reader should consult the Social Security site for details at www.socialsecurity.gov/pubs/10045.html.
MENTIONED IN THIS ARTICLE
Social Security
Socialsecurity. Gov
Social Security Administration
Roth IRA loophole opens way to tax free conversions
New rules let any taxpayer convert a traditional IRA to a Roth starting 2010. High earners can max nondeductible traditional IRA contributions now and potentially convert later, paying taxes on earnings. Experts urge caution on tax impact and future legislative risk, noting advisers spotted the hole quickly.
MENTIONED IN THIS ARTICLE
New York
Congress
John W. Roth
CCH
Roth
Warren Bergstein
Adelman, Katz & Mond
Rebuilding Reputation After Defamatory Job Rumors
After leaving a dubious clinic and relocating, you can restore standing by securing a local job and obtaining letters from colleagues attesting to your work. If rumors qualify as defamation, consult an attorney to pursue legal options.
MENTIONED IN THIS ARTICLE
McClatchy-Tribune News