Twenty-six percent of workers surveyed by EBRI have decreased contributions to their retirement plan, and 27% have delayed retirement due to increased health care costs.
Tag: health care
Many mistakenly believe government programs will cover long-term care costs, which may be why a mere 20% have taken any steps to find LTC insurance.
LIMRA says that retirees can expect to pay 13% of their income each year in retirement on health care and long-term care expenses.
Out-of-pocket costs, notably for Medicare, are expected to rise—and take a bigger bite of retirees’ savings, says a new report by the CRR.
Employers can manage HDHPs, promote enrollment and satisfy compliance requirements through a single partner.
In a series of articles, PLANSPONSOR is profiling industry groups that work for retirement and health plan sponsors to protect them from onerous burdens and help them with plan design and administration. In this article we profile the American Benefits Council (ABC).
A significant number of Americans underestimate how much they are likely to spend on health care in retirement, according to a recent Financial Engines survey.
A survey reveals issues employees have with open enrollment season.