medicare
Turning 65 in 2019– Here’s your “Need to Know”
Dan Caplinger’s piece here states the most important thing about turning 65 is that you become eligible for Medicare, the first opportunity for most people to gain eligibility for this important healthcare program. But, unless you’re already getting Social Security, signing up for…
Signing Up for Medicare & Social Security at the Same Time. Should you?
The answer to whether one should sign up for Social Security and Medicare together at age 65 is a hard, “it depends.” Medicare Part B premiums can be deducted from Social Security benefits, and that ease and peace of mind…
Maximizing your Medicare and Social Security benefits
Lee Barney’s piece details some concepts to keep in mind in making two of the most important financial decisions of one’s lifetime– when to take Social Security and Medicare. In a nutshell, one should strive for 35 years of income…
Medicare “homebound requirement” for Home Health Benefits Addressed in S. 3545
Last week, the Home Health Payment Innovation Act — S. 3545–was introduced with an objective of amending the Social Security Act to “loosen” the homebound stipulations governing the eligibility for home health care benefits for Medicare Advantage participants. HOme Health Care…
Take Medicare at 65 but maybe wait on Social Security
Maurie Backman of The Motley Fool answers the important question about whether one should take Social Security benefits at the same time as signing up for Medicare with an, “it depends.” Unless working and covered by an employer’s health care plan,…
Warnings about cuts to Social Security and Medicare need to be taken seriously
Social Security is running a deficit this year by paying more to beneficiaries than is collected from worker payroll taxes. This is projected to continue until 2034, when all past reserves will be exhausted. Medicare reaches insolvency even sooner, in 2026. Both…
FACT: Social Security and Medicare are NOT stronger now than a year ago
President Trump routinely states that his administration is making Medicare and Social Security stronger. But is that so? The Social Security Trustees report the trust fund will be exhausted in 2034 and benefits would have to be cut over 20%…
Medicare and Social Security
The Motley Fool’s Christy Bieber, in a post on helenair.com, takes a look at handful of basic questions about Medicare, one of which reiterates the concern that many Social Security recipients have regarding when to sign up for this health care benefit.…
Some Thoughts on Social Security and Medicare as Retirement Approaches
The Durango Herald’s Wendy Rice is a believer in the importance of careful planning for one of the most substantial decision points in your life…retirement. In fact, she believes that detail planning for the decisions one needs to made should commence…
Medicare: An Overview of Components and Facts
Medicare’s enrollment process can be vexing for those hurtling toward their eligibility. And that’s perhaps an understatement, given the enormity and complexity of this massive program. Missing an enrollment deadline can cost one dearly, and that’s why it’s criticaql to…