Employers increasingly are shifting more health-care costs to employees, so keeping the same plan could have a different result. The annual premium employees are on the hook for has risen 75 percent over the past 10 years, according to the Kaiser Family Foundation. More workers also must now cover a deductible. For starters, check out
0 Comments
Melina Mara | The Washington Post | Getty Images Speaker of House Paul Ryan and Senate Majority Leader Mitch McConnell announce the Republican tax reform initiative accompanied by members of the Senate Finance Committee and House Ways and Means Committee on Capitol Hill in Washington DC Wednesday September 27, 2017. If you’re looking for a
0 Comments
About nine in 10 employers offer dependent care FSAs, according to benefits administrator Alight Solutions. (It ran numbers based on its portfolio of 250 mid-size and large employers.) About 3 percent of eligible employees use them, with average annual contributions of $3,500, said Nicole Wruck, Alight’s national health practice leader. (Midway through open enrollment this
0 Comments
It’s open enrollment season, which for many workers, might not mean much. That’s a costly misconception. About half of employees don’t understand their benefits materials, according to a report by the International Foundation of Employee Benefit Plans. As a result, most workers just stick with what they’ve previously picked — 92 percent of workers last
0 Comments
Getty Images Flanked by Speaker of the House Paul Ryan and House Ways and Means Committee chairman Rep. Kevin Brady (R-TX), President Donald Trump speaks about tax reform legislation in the Cabinet Room at the White House, November 2, 2017 in Washington, DC. Under the current system, a single filer can take a standard deduction
0 Comments
John Giustina | Getty Images A couple fishing in Vancouver, Washington. Not all seniors dream of kicking back in sunny destinations. Ideal retirement spots are a lot more diverse than you may realize, according to a recent study by Livability.com. The company analyzed U.S. cities on characteristics of livability that its research has shown to
0 Comments
The personal finance site compared average expenses for people age 65 and older, including groceries, housing, utilities, transportation and health care in every state to come up with how long a nest egg of $1 million would really last. Top 5 states where your dollar will last the longest:1. Mississippi$1 million will last: 26 years,
0 Comments
The scariest thing about Halloween may be the unintentional expenses. Between costumes, decorations and, of course, candy, the average American will be shelling out $169.81, according to a recent poll by LendEDU. Costume purchases made up almost half of that, with partygoers spending just over $70 on their disguises, LendEDU said. More than $60 will
0 Comments
If you’ve recently graduated and skated through the summer without too much thought about your student loan debt, the jig is up. Seven in 10 seniors graduate with debt, owing over $34,000, on average, according to a recent report by Experian. However, the majority of borrowers, 56 percent, don’t know the interest rate on their
0 Comments