Tips For Financial Advisors Managing Health Care Expenses In Retirement
Financial Advisors Can Help Manage Health Care Expenses In Retirement:
Financial advisors should incorporate health care planning into their retirement practices to help clients. However, few financial advisors are doing comprehensive health care planning for their clients today. For instance, an advisor could help determine a reasonable estimate of health care expenses or could help to control MAGI to limit Medicare premiums. Additionally, an advisor could help avoid coverage gaps and avoid Medicare part B and D late enrollment penalties. Even for advisors that do not offer a wide range of health care options, these are a number of ways to help a client. To learn more, checkout this recent InvestmentNews article written by Jamie Hopkins on the topic.