With rising Medicare premiums and costs, financial planners must understand the risks associated with Medicare means testing

DENVER, CO, October 29, 2019 /24-7PressRelease/ — Aivante, a leading provider of health and wealth analytics, today announced the availability of a new whitepaper, How Medicare Means Testing and Tax-Deferred Savings Threatens Retirement Security, during the 2019 T3 Enterprise conference in Fort Lauderdale, Florida.

The paper shows how Required Minimum Distributions (RMDs) from tax-deferred retirement savings accounts can trigger hundreds of thousands of dollars in Medicare “means testing” surcharges during retirement in the form of higher premiums on Medicare Part B and Part D. As such, it highlights a significant planning opportunity for financial advisors, especially for older clients who have large tax-deferred savings or younger clients who are maxing out tax-deferred savings.

“Few financial advisors are aware of Medicare means testing. Even fewer have evaluated how RMDs from tax-deferred savings accounts can threaten their clients’ retirement. We are shining a light on this critical planning issue so that advisors are better prepared to talk about it with clients and prospects. Smart planning could save their clients hundreds of thousands in Medicare premium surcharges over retirement” noted the paper’s author, David McClellan, VP and Head of Wealth Management Solutions at Aivante.

To read a copy of How Medicare Means Testing and Tax-Deferred Savings Threatens Retirement Security, click here.

Visit Aivante at booth 210 during this week’s T3 Enterprise conference in Fort Lauderdale, FL.

About Aivante
Aivante empowers companies, individuals and financial advisors to make informed healthcare decisions. From annual healthcare costs to projected expenses in retirement, Aivante’s proprietary technology combines individual and aggregate data to project short and long-term healthcare costs, enabling users to select the right plan and prepare for healthcare expenses in retirement. Headquartered in Centennial, Colorado, the Aivante team serves the US market. For more information on Aivante, visit www.aivante.com, like us on LinkedIn and follow us on Twitter.


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