Tag: health
As retirees’ health declines, their medical costs go up. These costs include both everyday healthcare expenses and long-term care costs. The everyday expenses that Medicare does not cover – Part B and Part D premiums, copayments, eyeglasses, and dental care – consume about 20 percent of the incomes of households ages 75 and over. While not…
In 2007, the majority of workers in The Netherlands were retiring by their early sixties to take advantage of the country’s generous pension scheme. Then came a sweeping 2009 policy that rewarded older workers with a tax break if they remained employed and active. In a new study, researchers used this tax break – t…
