The CPA trusted advisor is in a unique position to assist his or her clients with the financial aspects for retirement healthcare and other retirement benefit issues because of his or her unique understanding of a range of personal financial planning concerns, including taxation. According to the Pew Research Center, 10,000 baby boomers per day will reach age 65. CPAs will have many clients or parents of clients retiring in the next twenty years. These clients will be looking to CPAs to assist them in optimizing their healthcare costs during retirement.
The AICPA PFP Executive Committee's Elder Planning Task Force is committed to providing access to practical resources to assist practitioners on the subject of retirement healthcare.
The Adviser’s Guide to Healthcare Coverage Planning
Written by Jim Sullivan and technically reviewed by the Elder Planning Task Force, this handbook is designed by CPAs for CPAs. This guide explains the basic rules of Medicare and paying for long-term care while adding planning advice to assist the advisor in discussing these topics with their clients. We hope you will find this guide a valuable tool to use in giving advice to any clients approaching or in retirement and concerned about healthcare. The guide contains technical information punctuated by timelines and charts and supplemented with client questions and appropriate advisor responses.
PFP/PFS members: Download the entire guide
Not a PFP/PFS member yet? Click to view and download a complimentary excerpt.
360 Degrees of Financial Literacy is a free program of the nation's certified public accountants to help Americans understand their finances through every stage of life. They have a variety of Medicare and healthcare-related articles and information your clients might find helpful.
Access the official US Government website for Medicare for information on managing your health, Medicare basics and locating resources.