Reuters Money

Medicare Part B premium hike will be smaller than expected

October 27, 2011

Seniors caught a break Thursday when the Obama Administration announced that Medicare Part B premiums won’t rise as much as expected in 2012.

Retirement confidence falls, especially in Social Security: Poll

October 19, 2011

Talk about a race to the bottom: Which institution do you think is losing the trust of Americans to provide future retirement benefits most quickly – government, or private employers?

Medicare will cut Social Security’s “raise” in 2012

October 12, 2011

A girl tries to climb a snow-packed wall in a labyrinth at the Sapporo Snow Festival in Sapporo in northern Japan February 5, 2008.  REUTERS/Yuriko Nakao (JAPAN)After two years without an inflation adjustment, the Social Security Administration is expected to announce a 2012 cost-of-living adjustment (COLA) of more than 3 percent next week. That would be a sizable raise in this economy, and very welcome news to seniors hit hard by rising costs, slumping home equity and very low returns on fixed-income investments.

Some Medicare plans drop prices: time to shop is now

October 5, 2011

A nurse holds up a vial of H1N1 flu vaccine prior to an inoculation at the Geisinger Medical Center in Danville, Pennsylvania October 28, 2009. If you’re a senior on Medicare – or if you help out aging parents with their money matters  – it’s time to get ready to shop. The annual enrollment period for Medicare prescription drug and Advantage managed care plans is about to begin, and it’s one of the best opportunities of the year for seniors to save money.

2012 Medicare choices come early: How not to overpay

By Matt Stroud
September 27, 2011

Last year, Henry D’Aloisio needed to adjust his Medicare coverage to pay for doctor’s visits. He thought the changes would be simple, and that decades of administrative experience would have prepared him adequately for the paperwork and small print.

Should rich people pay more for Medicare?

September 22, 2011

Should affluent seniors pay more for Medicare than everyone else? How about Social Security? Should we cut benefits for wealthy Americans?

Why entitlement is not a four-letter word

August 25, 2011

“It’s a beautiful thing, the destruction of words,” wrote George Orwell in 1984. And so it is with a mangled word that is central to the 2012 presidential race and the work of the Congressional deficit-cutting Super Committee: entitlement.

8 ways the super committee is not super for retirement

August 5, 2011

social security super committeeSocial Security and Medicare will be in the sights of the Congressional “super committee” that will be looking for $1.5 trillion in federal spending cuts under the terms of the debt ceiling agreement. That means the financial security of seniors and Boomers nearing retirement will be on the line, so let’s consider the outlook for these vital programs as the negotiations get underway.

Long-term care funding wrapped up in deficit debate

By Guest Contributor
August 3, 2011

The following is a guest post by Brad Allen. The opinions expressed are his own.

The debate over funding long-term care has gotten renewed energy – but no greater clarity – from the current deficit reduction discussions roiling Washington.

Social Security, Medicare dodge bullet, but cuts loom

August 2, 2011

Social Security and Medicare dodged a bullet in the debt ceiling battle, but beneficiaries still have plenty to fear from the next phase of the deficit reduction war.