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A relief for retirees: Projected healthcare costs have not increased this year

The after-tax cost of medical expenses in retirement for a single 65-year-old retiree held steady at $157,500 ($315,000 for the average retiree couple at the same age).  (Creative Getty)

As everyone knows, overall healthcare costs are rising every year. But tell that to older Americans. Fidelity’s annual survey of estimated health care costs in retirement surprisingly remained unchanged of the last year. This means that a retiree who leaves the workforce this year is likely to shell out the same amount of money on … Read more

HRAs continue to deliver high-quality, personalized health care to more American workers: In one year, coverage tripled for ICHRA; doubled for QSEHRA

HRAs continue to deliver high-quality, personalized health care to more American workers: In one year, coverage tripled for ICHRA;  doubled for QSEHRA

Tax-advantaged accounts strengthen ACA market, labor market competitiveness and access to employer-funded health coverage WASHINGTON, June 28, 2023 /PRNewswire/ — Today, the HRA Council released its 2023 data report on the state of health reimbursement arrangements, including HRAs for Small Qualified Employers (QSEHRA) and Individually Covered HRAs (ICHRA). The report shows that between 2022 and … Read more

Should I let my 14 year old go to the gym? What parents need to know.

Is the gym safe for young teenagers?  Here's what the experts recommend.  (Image: Getty; illustration by Quinn Lemmers)

Is the gym safe for young teenagers? Here’s what the experts recommend. (Image: Getty; illustration by Quinn Lemmers) Regular exercise is encouraged as part of healthy living for children and adolescents. In fact, the American Academy of Pediatrics recommends teens get 60 minutes of physical activity daily, along with three days that include activities that … Read more

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