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Medicare Basics and Tips
Social Security is difficult enough to navigate by itself but Medicare is another necessary program that adds to the frustration brought on with retirement planning. As with Social Security, when you enroll greatly affects your finances. Missing your personal enrollment period around your 65th birthday could mean that your premiums end up as much as 10% higher. Another thing that is important to know is what Medicare covers for you, the generally used term is anything that is “medically necessary” is covered, but not knowing the specifics going in could cause a lot of confusion and frustration. For more information visit this article by Selena Maranjian with The Motley Fool.