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An Introduction to IRMAA

Money Talk

Full disclosure: this blog post is written from a place of privilege for older adults with higher-than-average incomes and/or assets. A letter from the Social Security Administration (SSA) notifies beneficiaries of their expected benefit, including IRMAA deductions, if any. I am one of those financial educators and “walked my talk.”

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Financial Concerns of Older Adults

Money Talk

Our topic: financial concerns of older adults. Below is a description of eight key topics that were discussed: Adequate Health Insurance - Health issues are a big drain on even the best laid financial plans because “the greatest wealth is health.” Again, calculators or a financial counselor or coach may be able to assist.

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Financial Improvement Strategies for a New Year

Money Talk

Another new year is underway, which provides an incentive to get “your financial act together.” Keep Good Financial Records- A paper or digital file folder for each stock or mutual fund you own is useful. Insure For Large Financial Risks- Insurance coverage should be reviewed periodically. stock market performance 5.

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What are voluntary benefits?

WEX Inc.

Financial With the current inflation rate as high as it is, employee financial wellness is more important than ever. Voluntary benefits such as financial planning services, student loan repayment programs, and investment advice can help employees meet their financial goals, improve their financial literacy, and prepare for the future.

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Finding Meaning and Purpose in Later Life

Money Talk

As blogger Fritz Gilbert wrote in his Retirement Manifesto blog , “that’s a shockingly high number and far too little is written about this problem.” Gilbert notes, “ retirement is a big adjustment, with the loss of many of the non-financial benefits once received from the workplace (sense of identity, purpose, relationships, structure, etc.)

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Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

In the final blog post of our three-part series to educate first-time participants, we explore all the unknown voluntary benefits terms and bring clarity of information to first-time participants. Check out our other first-timer series blog posts on health plans and employee benefits. What are some examples of voluntary benefits?

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

government passed a significant piece of legislation: the SECURE 2.0 The SECURE 2.0 workers better prepare financially for retirement, at every stage of their employment journey. They’re unsure of what their financial future holds and their ability to maintain their standard of living without continued, predictable income.

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