Options Archives - DR News - News, Retirement, Finance

Affordable Options for Eye Care Without Insurance: Where to Find Them

Chicago, Illinois – Maintaining healthy eyes is crucial for overall well-being, yet many Americans neglect this aspect of healthcare due to cost barriers. According to data from the Centers for Disease Control and Prevention, a staggering 93 million adults in the US are at high risk of serious vision loss. Surprisingly, only half of them have visited an eye doctor in the past year. One major reason for this lack of access to vision care …

Retirement Plan Mandates Boost Savings Options for Americans

Hartford, Connecticut – Retirement savings can be a critical concern for many working Americans, especially when their employers do not offer any retirement plans. This lack of employer-provided savings options affects nearly half of the working-age population, leaving many individuals on their own to secure their financial future. In response to this challenge, several New England states are taking proactive measures to address the issue of inadequate retirement savings. Connecticut, for example, has recently mandated …

Retiree Choices Compared: How Your Social Security Options Stack Up

Dallas, Texas – Social Security benefits play a crucial role in the lives of millions of older adults. According to a recent poll from Gallup, about 60% of current retirees consider their benefits as a significant source of income. Nearly 90% of adults rely on Social Security to some extent during retirement. Deciding when to start taking Social Security can have a substantial impact on the monthly benefit amount an individual receives. Eligible individuals can …

Cyber Attack Hits Healthcare Retailer Goed, Data Stolen and Payment Options Limited

Brussels, Belgium – A healthcare retailer, Goed, and a part of the Belgian health insurance provider CM, was hit by a cyber attack resulting in stolen data. The breach has affected several of Goed’s stores and pharmacies, rendering Bancontact payments inaccessible at some locations. Hackers infiltrated Goed’s systems overnight, stealing and encrypting data before the company took action to isolate the incident and prevent further breaches. Investigators are currently working to ascertain if patients’ personal …

Bitcoin: Japan’s State Pension Fund Explores Cryptocurrency Diversification Options

Tokyo, Japan – The Government Pension Investment Fund (GPIF) in Japan, the world’s largest state pension fund with $1.4 trillion in assets under management, is exploring the potential of diversifying its portfolio by considering investments such as bitcoin and precious metals. The fund is looking into these options in response to emerging changes in society, the economy, and technology. Currently, GPIF’s investment portfolio includes domestic bonds, domestic stocks, foreign bonds, foreign stocks, private equity, real …

Widowers Benefits: Exploring New Options for Men in Social Security

Chicago, IL – Social Security benefits play a crucial role in supporting individuals and families after retirement or in case of the death of a spouse. While historically, women have been the primary recipients of spousal and widows benefits, recent data suggests that times may be changing. Over the past few decades, women have tended to receive spousal and widows benefits more frequently than men due to various factors, such as taking time off to …

Insurance Options Outside of Open Enrollment: What You Need to Know

Los Angeles, CA – The annual open enrollment period for health insurance has passed as of Jan. 16, 2024. However, individuals still have options to obtain health insurance outside of this timeframe. Life changes such as a job transition, significant changes in income, or other major events can qualify individuals for health insurance coverage outside of open enrollment. One option available is to utilize COBRA coverage if someone loses or leaves their job in 2024. …

Pensions in Rhode Island: Can the State Afford Cost-of-Living Raises for Retirees? New Report Analyzes Options

Providence, Rhode Island – Amidst financial concerns, Rhode Island is contemplating the possibility of reinstating cost-of-living adjustments for retiree pensions. A recent report delves into the various options available to the state to address this issue. The potential decision holds significant implications for retirees who rely on these pensions. As the state grapples with budgetary constraints, the feasibility of providing these raises is being carefully evaluated. Residents, lawmakers, and pensioners alike are closely following the …

Retirement Planning: Social Security Webinar Helps Navigate Benefit Options

Chicago, Illinois – As individuals approach retirement, one crucial financial decision they must consider is determining the optimal time to commence receiving Social Security benefits. With the decline of traditional pensions, Social Security remains a fundamental source of secured income during retirement for the majority of Americans. One valuable resource available to aid individuals in navigating their Social Security benefit options is MissionSquare Retirement’s upcoming webinar, “Social Security: Understanding Your Retirement Benefit Options.” This webinar …

US Aging Population Faces Limited Retirement Options: Here Are the 25 Best Places to Retire on $5000 per Month

There’s a growing concern in the US regarding the increasing average retirement age and the potential impact on millions of people approaching their golden years in the next decade. With the cost of living on the rise, especially healthcare expenses, many Americans are struggling to save sufficiently for a comfortable retirement. Republicans are pressing for an increase in the full retirement age from 67 to 69 due to factors such as increased life expectancy and …