Women's Institute For A Secure Retirement

The U.S. Department of Labor issued an Advisory Opinion that will pave the way in making auto portability a reality. Auto portability provides seamless portability for retirement plan participants when they change jobs. Each year, 14.8 million plan participants will change jobs and 31% of those workers will cash out their retirement savings completely within the first year after a job change.

This news is especially good for women who often hold smaller account balances. Learn more about auto portability and the Advisory Opinion and check out this infographic which highlights the importance of preserving small account balances.

Medicare open enrollment season is underway! From October 15 through December 7, Medicare beneficiaries can make changes to their health and prescription drug plans for 2019. It's a good idea to review your options even if you are happy with your current plan. Plans often change their costs, coverage and other features each year, so make sure you are still choosing the most cost-effective plan for your coverage needs.

Learn more and get started at Medicare.gov. Also check out the My Medicare Matters tool from the National Council on Aging.

November is National Family Caregivers Month. It is a time to recognize and honor family caregivers across the country. This year's theme is "Caregiving Around the Clock."

Women are especially impacted by caregiving. Today, more than half of the caregivers in the U.S. are women. Check out WISER's Ten Facts about Women & Caregiving and download Financial Steps for Caregivers: What You Need to Know about Protecting Your Money and Retirement. Share it with all the caregivers you know.