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Are health savings accounts good for retirees?

Health Savings Accounts are surging in popularity, and that can lead to some complications for older workers who enroll in Medicare.

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Money Medical

Price hikes doubled average drug price over 7 years

The average cost for a year’s supply of a prescription drug doubled in just seven years to more than $11,000.

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money, budget, couple, finance

Do you think Social Security benefits are too generous?

A political debate is raging among policy experts, economists and actuaries about the most important measure of Social Security benefit adequacy: just how much pre-retirement income is replaced.

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SPRINGFIELD, MA - JUNE 2: Elizabeth Warren speaks during the 2012 Massachusetts Democratic Endorsing Convention, held at the MassMutual Center in Springfield. (Photo by Aram Boghosian/The Boston Globe via Getty Images)

Financial companies get tongue lashing from lawmakers

The goal is to protect retirees from buying unnecessary products that line their brokers’ pockets.

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Money, finance, woman, ATM, budget, retirement

Financial industry must address elder exploitation

Protecting the wealth of older adults should be a high priority for banks, insurance companies and others. Yet, elder financial exploitation and diminished financial capacity resulting from age-related cognitive impairments pose major economic threats.

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Money

Retirement: House offers alternative to brokers rule

Legislation to bypass the U.S. Labor Department and have Congress set standards for brokers who give retirement advice passed a major committee.

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