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While most of the preceding information is well known, the “hidden challenge” facing most workers after they retire is: Out-of-pocket health care costs in retirement may be greater than they may expect them to be. The benefits and HR teams of governmental employers can be instrumental in alerting workers to these gaps. Employers may be able to turn to their supplemental retirement plan provider for assistance. Many offer education, ongoing communications, workshops and other media to drive workers to resources available through the plan that can help them identify individual financial needs and save for them.

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  • 832.42 KB File Size
  • August 12, 2015 Create Date
  • January 8, 2020 Last Updated
Factoring Health Care Costs Into Your Retirement Plan