A year of skyrocketing inflation and growing recession fears have taken their toll on American consumers, reinforcing a need for personalized financial advice rather than supposedly universal rules on household spending.
Improvements, drug pricing changes precede Medicare open enrollment
Significant changes have occurred under the Medicare umbrella that should improve enrollment procedures and drug pricing for seniors just as the open enrollment period gets underway.
Ransomware remains a top cyber risk for organizations globally while business email compromise incidents are on the rise and will increase further in the “deep fake” era.
Annual family premiums for employer-sponsored health insurance average $22,463 this year, similar to last year ($22,221), the 2022 benchmark KFF Employer Health Benefits Survey finds.
LIMRA exec: Annuity sales can go even higher than record 3Q sales
Annuity sales set more records in the third quarter, LIMRA reported this morning, but can grow even more, one executive said.
Further rises in interest rates and inflation are the biggest concerns U.S. pension funds and other U.S. institutional investors have about the fixed income market.
Although the Social Security and Medicare changes for 2023 are the exception rather than the rule, they are a welcome opportunity for financial professionals to engage with clients around the long-term trajectory of these expenses and add value by developing savings plans that ensure this critical need is met.
Does the 4% rule hold up amid today’s retirement planning challenges?
Inflation is at a 40-year high and workers must plan for a retirement that could last more than 30 years. That leads to the question: Does the 4% rule for retirement spending still work in today’s environment?
Four tips to effective network as a financial planner
My biggest early-career mistake was not intentionally networking. Intentionally is a critical word in that sentence: effective networking requires deliberate action rather than hoping to meet people in passing.
Northwestern Mutual expects to set record with $6.8B dividend
Northwestern Mutual Insurance said it will once again break its own industry-leading payout record with an expected $6.8 billion to be delivered to policy owners in 2023.
These updates are designed to help financial professionals and their clients manage volatile equity markets and generate lifelong income amid rising inflation and interest rates.
Open enrollment for ACA plans, which cover essential health benefits, starts Nov. 1, 2022, and ends Jan. 15, 2023, in most states.
The ‘family glitch’ could lead to more seeking individual health coverage
The repair of the “family glitch” will trigger special enrollment periods as dependents and spouses discover their employer-based coverage fits the new definition of “unaffordable.”
The impact of 40-year high inflation is hitting savings accounts as a majority of Americans say they are stopping or reducing retirement savings because of inflation.
LIBRA Insurance Partners and Insurance Designers of America, LLC (IDA) announce the merger of the two organizations, creating the largest…
A breast cancer diagnosis doesn’t automatically disqualify someone from obtaining life insurance. But there are several factors to consider.
Medicare Advantage set to grab half the market, even as scrutiny tightens
Medicare Advantage plans are expected to have more than half of the Medicare market after this enrollment season, even as legislators and regulators tighten their scrutiny of the program and its oversight.
7 steps advisors can take for a strong finish to the 2022
Well into the 4th quarter of 2022, advisors are left with little time to achieve the professional goals they set…
YuLife allows employees to earn rewards by completing everyday wellness activities, adding value and engagement in the workplace, in turn helping businesses benefit from healthier and more motivated teams.
