For clients wishing to contribute to a Health Savings Account beyond age 65 due to eligible group health plan coverage, navigating the rules of enrolling in Medicare later are fraught with confusion.  

This session will review the rules to ensure that those who do defer Medicare enrollment can avoid the lifetime late enrollment penalties while also covering several common questions and pitfalls so you can best advise clients on their choices when working past age 65.

In "Advance Planning for Clients with Health Savings Accounts (HSAs) and Medicare " by Kelly Long, you will learn:

1. Recognize scenarios where clients may be at risk for penalties due to late enrollment in Medicare or making ineligible contributions to a Health Savings Account;
2. Calculate the maximum amount eligible taxpayers can contribute to their Health Savings Account in the year they plan to enroll in Medicare;
3. Apply the rules for HSA contribution eligibility alongside Medicare enrollment when retiring after age 65.

Your presenter is Kelley Long, CPA/PFS, CFP®.

Kelley Long, CPA/PFS, CFP®, is a personal finance expert and financial wellness coach who is on a personal mission to empower all people to feel and be great with money. She is a CERTIFIED FINANCIAL PLANNER® professional as well as a Certified Public Accountant.

With over 20 years of various roles in the financial services industry, Kelley left her most recent full-time position as a Senior Financial Planner and Personal Financial Coach with Financial Finesse after five years of changing the financial lives of employees throughout the US. Financial Finesse is often credited with starting the financial wellness industry in 1999 and is still the leading provider of unbiased workplace financial wellness programs – her experience there informs her consulting and speaking work today.

As a media spokesperson for the American Institute of Certified Public Accountants (AICPA), Kelley has appeared in thousands of media pieces, including stories in the New York Times, Wall Street Journal, Washington Post, Reuters, the AP and even People.com. She has a particular interest in educating people about the unique and undercommunicated benefits of Health Savings Accounts, and frequently presents on this topic at conferences and employee forums. 

Moderator: Betty Meredith, CFA, CFP®, CRC®, Int’l Retirement Resource Center

1 hr CFP®, CRC®, and other CE Credit Reporting

We will report your CFP® and/or CRC® credit (no additional reporting fee) checkout.  After purchase you will receive an email with a token. Please redeem token to take this course. You will receive another email explaining where to enter your CFP® and/or CRC® IDs  You are responsible for reporting all other certifications for CE credit. 

Overall Rating: 4.0 / 5

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