Our daily roundup of retirement news your clients may be thinking about.

Working in retirement means going back to school

Going back to school is recommended to pre-retirees who intend to work through retirement, according to this article on MarketWatch. This would not necessarily mean attending classes on campus since they have other options, such taking courses that universities offer online. In summer, universities also offer advanced mid-career programs, also known as "boot camps." Mentorship of younger employees can also be an option, as these workers can teach them technologies and new techniques of the trade. –MarketWatch

The basics of Medicare: How clients can choose the right plan for them

Clients need to understand the different parts of Medicare including their premium costs and coverage terms before buying a plan, according to this article in U.S. News & World Report. A Medicare traditional plan and the Advantage plan have deductibles, copays and co-insurance, with the Advantage plan offering lower premiums but providing limited health service providers. Clients need to "look at their lives, they look at their health, they look at their pocketbooks, and they chose the parts they want," an expert says. –Yahoo Finance

How millions of Americans are flubbing retirement

About a third of pre-retirees have enough assets in IRAs that they enable them to defer Social Security benefits for two years, according to a study by experts at Stanford, George Mason University, and the Treasury Department. However, many of them opt to take the benefits early, as they think retirement is synonymous with Social Security, says John B. Shoven, one of the researchers. “When you put money in front of people, no matter what an awful lot of people will just decide to take it sooner rather than later.” –Time Money

Social Security Q&A: Can I get widow(er)'s benefits if I remarry before 60 and then divorce?

Clients who filed for divorce after the age of 60 and remarried are entitled to widow(er) benefit on their former spouse's record, according to this article on Forbes. Filing of such benefit is allowed if their marriage with their ex-spouse lasted at least 10 years. –Forbes

What’s a 403b plan?

Government employees and workers in schools, hospitals and other tax-exempt organizations are advised to take advantage of 403b plans, the equivalent of 401(k) plans offered by private employers, according to this article on The Motley Fool. Like 401(k) plans, 403b plans have contribution limits and come as a traditional or a Roth account. However, unlike 401(k) plans, all 403b plans have employer match contributions and participants are vested immediately. –The Motley Fool

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