Latest News
2020 “Open Enrollment” is Ending Soon – Do You Need a Checkup?
There are only a few days left in this year’s so-called “Medicare open enrollment” which, technically, is actually named the “Annual Election Period.” But regardless of what you call it, this period -which runs between October 15th and December 7th of…
Simple Mistakes That Could Slash Your Social Security
It’s a fact that a majority of American seniors rely on Social Security for a major portion of their retirement income. Thus, if makes a lot of sense to try to make your Social Security payment the most it can be, considering…
Don’t Let Medicare Torpedo Your Retirement
To paraphrase Robert Burns, “the best laid plans often go awry,” and that can be especially true when it comes to retirement planning. While it’s very important to consider your Social Security benefits in the context of your overall retirement…
Should You Wait Until 70 to Claim Social Security?
A majority of those considering Social Security are aware that waiting until age 70 to claim will yield the highest possible benefit amount. But the interesting reality is that only a small percentage of people actually wait until age 70…
Social Security, and the COVID-19 Pandemic
No one would argue that 2020 hasn’t been a challenging year. The COVID-19 pandemic threw a whole bucket of monkey wrenches into most families, especially those who were contemplating retirement and trying to see where Social Security fit into their retirement…
Some Unique Social Security Rules You Should Know
Social Security has lots of rules – in fact, well over 2,700 of them. Indeed, there’s a rule in place for just about every conceivable situation which has ever arisen in the lives of all 64 million Social Security recipients. But there…
Claiming Social Security at Age 65 May Not Be Wise
Age 65 seems to be what many people consider the “standard” retirement age. Of course, that could be influenced by the requirement to enroll for Medicare benefits at age 65, which leads many to assume that filing for Social Security…
Will You Outlive Your Retirement Nest Egg?
A fairly large percentage of older Americans fear that they will outlive their retirement nest egg, which would make for a pretty uncomfortable – if not dire – situation in later years. Those fears may be pretty well founded, unless…
Part B premium reduction give back plans
What is the “giveback” benefit and how do I qualify for it? First, a Federal regulation allowed Medicare Advantage plans to receive a reduction in its payments, which in turn helps to fund the giveback. In 2021, there will be…
How to avoid falling victim to a Social Security scam
Social Security scams are up and fraudsters are not letting up even during the pandemic. In the past three months, 47 percent of Americans have experienced an attempted Social Security scam and 21 percent of seniors report that they have…