Retirees, Your Health Plans Look A Bit Peaked

Along with a gold watch, many companies traditionally bid adieu to retiring employees with a promise to pay their health insurance costs, at least until age 65 when medicare kicks in. But these days, more and more retirees are experiencing the realities of the workplace. And a new accounting rule, effective in January, may cause you to dig deeper into your pocket to provide sound medical coverage for yourself and family. By recognizing the inevitable early, though, you have an opportunity to plan ways to juggle your medical budget to assure solid protection.

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