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Retirement Aspirations is your single resource for understanding your Employer-Sponsored Retirement and Health and Welfare Plans. We provide education about and administer employer-sponsored benefit plans. We also provide up to date news about Retirement, Retirement Planning, Personal Finance, Health and Wellness, and Pension/Benefit Plans.
Featured ArticleSupreme Court Hears Medicaid CaseFrom NPR.com; By: Nina TotenbergThe U.S. Supreme Court has opened a new term with a raft of hot-button issues headed its way. The biggest is the legal challenge to the Obama health care law, a case almost certain to be heard this term. On Monday, however, the court heard arguments in another case involving the provision of medical care, a case with enormous ramifications for states desperate to cut costs, and patients desperate to get medical care. The issue is whether doctors, hospitals, and patients can go to court to challenge cuts in Medicaid. The federal Medicaid law establishes a cooperative federal-state program to provide medical care for the poor. Depending on the state, the federal government pays between 50 and 75 percent of the costs, but the condition for getting the federal money is that the state pay health providers sufficiently to ensure that poor patients have access to doctors and hospitals. Click Here to read the full article. |
Retirement Plans for the Self-Employed
When you are your own employer, it's easy to overlook, forget about, or neglect to set up retirement plans. Long story short: You don't need to have an employer to have your own retirement plan. If you are self-employed, or if you run a small business, it's critical that you know what retirement plan options exist.Many different plans are available for the self-employed and for small business owners: SEP IRAs, Keogh Plans, Individual 401(k)s, and Roth or Spousal Deductible IRAs. For more information or guidance about these plans and what would be the right fit for your unique situation, you can feel free to Contact Us directly.
Alternately, you can take a look at CNN Money's Ultimate Guide to Retirement, or read up on the different Types of Retirement Plans on IRS.gov.
Retirement Videos
Health Insurers Seek Delay Of New Consumer-Friendly Coverage Forms
From KaiserHealthNews.org; By: Susan Jaffe
Shopping for health insurance next year will be easier when hundreds of health insurers and employers use the same simple forms unveiled Wednesday by the Obama administration, consumer advocates and government officials say.But the new materials, required by the 2010 health law, are still a work in progress. The public will have 60 days to comment on any changes that may be needed in the 132 pages of rules for the forms, federal health and labor officials said.
Officials will even consider bending the law’s March deadline for distributing the forms, which are intended to explain benefits and costs in easy-to-understand terms so that consumers can comparison shop for the best coverage.
Read more: Click Here to read the full article.