Kitces.com

Retirement Health Savings Account And Medicare

Even further extending the favorable deferral period for an HSA, the rules stipulate that if the HSA is not used before death, a surviving spouse can continue the HSA in his/her own name and continue the preferential tax … See more

Actived: 7 days ago

URL: https://www.kitces.com/blog/retirement-health-savings-account-and-medicare-using-an-hsa-to-supplement-retiree-medical-expenses/

HSA Planning When Both Spouses Have High …

WEBAccording to the Kaiser Family Foundation, in 2019, employees with individual health coverage pay, on average, 18% of the …

Category: Health Go Health

Figuring Out The "Best" Healthcare Option For Early …

WEBAt the first IRMAA tier, a Medicare Part B participant’s premium will be increased by “only” $54.10 per month (per person). By …

Category: Health Go Health

How Healthcare Sharing Programs Compare To Traditional …

WEBAs a result, families can become members in healthcare sharing programs for $300 to $500 per month, compared to the average unsubsidized cost of family …

Category: Health Go Health

The Real(ly Manageable) Cost Of Health Care In Retirement

WEBThe fear isn’t necessarily surprising, given annual studies showing what a substantial cost health care expenses in retirement can be. A recent study by the …

Category: Health Go Health

Preserving HSA Eligibility & Maximizing Contributions After 65

WEBFor retirees, self-employed workers, and others who rely on Medicare as their sole option for health insurance after reaching age 65, this means there is …

Category: Health Go Health

Avoiding The "Big Swap" Of Wealth And Health As Your Advisory …

WEBWelcome to the 366th episode of the Financial Advisor Success Podcast!. My guest on today's podcast is Stevyn Guinnip. Stevyn is founder of Grow Wellthy, a health …

Category: Health Go Health

Maximizing Premium Tax Credits for Self-Employed Individuals

WEBThe new calculation shows that their PTC would now be $14,400 – ($60,000 x 9.21%) = $8,874, an increase of $1,320 of additional tax credits. (Table 2 in the …

Category: Health Go Health

Standing Desks And Walk-And-Talks To Improve Health

WEBThe Hazards Of Jobs With Too Much Sitting. Early this year, the Annals of Internal Medicine published a meta-analysis of 47 separate medical studies on the …

Category: Medical, Medicine Go Health

Age Banding To Model The Decline In Retirement Spending

WEBFor instance, spending could be projected to decrease by 10% each decade in retirement (i.e., cutting spending by 10% at age 70, another 10% at age 80, and yet …

Category: Health Go Health

The Hierarchy Of Tax-Preferenced Savings Vehicles

WEBThe Health Savings Account (HSA) is actually a “triple-tax-free” account, providing tax-deductible contributions upfront, tax-deferred growth, and tax-free …

Category: Health Go Health

Navigating A Major Health Event While Keeping Your Advisory …

WEBExecutive Summary. Welcome back to the 377th episode of the Financial Advisor Success Podcast! My guest on today's podcast is Meredith Moore. Meredith is …

Category: Health Go Health

Personal Experiences Managing The Life Portfolio Beyond Age 60

WEBExecutive Summary. With the ongoing commoditization of asset-allocated portfolios, there is an increasing focus on adding value to clients outside of the portfolio …

Category: Health Go Health

Longevity Insurance Compared To Stock & Bond Returns

WEBAccordingly, the chart below shows the real (inflation-adjusted) internal rate of return for a longevity annuity from a high-quality longevity insurance company (which …

Category: Health Go Health

When Financial Problems Go Beyond A Financial Advisor

WEBFirst on the spectrum are the least severe, everyday issues that clients struggle with. For financial advisors, these issues often connect their clients as people …

Category: Health Go Health

The New World Of Social Security Planning Decisions

WEB2 Handouts/Materials: kitces.com/FPACNY16 @michaelkitces Social Security Planning for Couples – Primary Insurance Amount (PIA) $743.40 $743.40 …

Category: Health Go Health

Rules For Tax Deductibility Of Long-Term Care Insurance

WEBUnder IRC Section 213 (d) (1) (D), premiums for long-term care insurance are deductible along with other individual medical expenses. Notably, to be eligible for …

Category: Medical Go Health

How Total Spending Declines Over Time In Retirement

WEBThe planner might assume an "extra" downwards bump of another 5%-10% one-time decrease in spending (in addition to -1%/year) in the client's mid-to-late 70s to …

Category: Health Go Health

KITCES MONTHLY WEBINAR SERIES Retiree Health Insurance …

WEBMay 2023 5 Not Getting The Right Private Insurance To Go With Medicare Issue #2 9 10 •Medicare alone is not enough •High deductibles for Part A •20% coinsurance for Part B …

Category: Health Go Health

Claiming Section 199A Deduction For Insurance Advisors

WEBFor instance, let's say you separated your insurance business from your brokerage business and your RIA business and that insurance business at the end of …

Category: Health Go Health