Our daily roundup of retirement news your clients may be thinking about.
7 important financial moves for clients who turn 65 this year Clients who turn 65 this year will have to make important financial decisions, such as signing up for Medicare and getting a Medicare supplement policy, according to Kiplinger. They will also need to stop contributing to a health savings account once they enroll in Medicare, start developing a Social Security claiming strategy and take advantage of catch-up contributions. It is also high time for them to start making a plan for their retirement savings withdrawals and reassess their retirement goals. --Kiplinger
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