A smarter way to address healthcare in retirement
Triple tax-free Retirement Healthcare Savings Program
Did you know that not all defined contribution retiree health approaches are the same?
Just how expensive is healthcare in retirement?
It’s important to consider how not addressing retiree health affects workforce management strategies and employees’ ability to manage healthcare costs in retirement. The retiree healthcare gap, if ignored, has real consequences for employers and employees.
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1 Source: Leora Friedberg et al., “Long-term Care: How Big a Risk?,” (2014), Center for Retirement at Boston College
2 EBRI Notes, December 20, 2017, Vol. 38, No. 10. National average. Savings needed for Medigap Plan F premiums, Medicare Part B premiums and out-of-pocket (median) drug expenses. Does not include Long Term Care. For a couple who have a goal of having a 90 percent chance of having enough savings to cover health care expenses in retirement they need $273,000.