seniors
The “Best Age” to claim Social Security
Spoiler alert: There is no “one best age” to claim your Social Security benefits! Fact is, everyone’s personal circumstances are unique, so what is best for me won’t be the best for you also. Multiple surveys have analyzed when people…
Social Security: Financial Reality and Politics
Those who focus on Social Security’s looming 2033 financial crisis know that there is a solution to the problem. The data are fairly easy to understand – Social Security must increase revenue while also reducing costs – to avoid an…
Definition Time: The Old-Age Dependency Ratio and its Relationship to Insolvency
Perhaps the most significant story relating to the U.S. Social Security system these days is the onerous projection of its looming insolvency. Who hasn’t seen the headlines proclaiming Social Security’s impending “bankruptcy” or the incessant warnings of a major benefit…
Don’t miss this chance to change plans
The Medicare Advantage open enrollment period runs from January 1st through March 31, 2026. If you missed your chance during Medicare open enrollment, you can now switch to another Medicare Advantage Plan (with or without drug coverage). Or, you can…
You may be eligible for Extra Help with Medicare Part D
Medicare Extra Help is a federal program that assists individuals with limited income and resources in paying for prescription drug costs under Medicare Part D. Medicare Extra Help, also known as the Low-Income Subsidy (LIS), is designed to help eligible…
The biggest retirement blind spots
Retirement saving plans are not one size that fits all. Your retirement plan, which encompasses both savings and spending, must meet both your financial needs and your personal needs. Many people understand the savings part of the retirement planning equation,…
MA payments are $76 billion above FFS Medicare
Medicare Advantage (MA) plans are funded primarily through fixed monthly payments from Medicare, based on the expected healthcare costs of enrolled beneficiaries. According to a recent report from the Medicare Payment Advisory Commission (MedPAC), in 2026, “Medicare Advantage payments are…
Are you ready to retire early?
All the retirement experts advise us that we need between one and two million dollars before we can retire. Others say, don’t start your Social Security before age 70. All this advice is great, but isn’t it a personal decision…
H.R.5454 Medicare Advantage Prompt Pay Act
The Medicare Advantage Prompt Pay Act, H.R.5454, is bipartisan legislation introduced in Congress to address issues related to the reimbursement practices of Medicare Advantage (MA) plans. The act seeks to improve payment timelines for healthcare providers and protect seniors from…
This year’s federal tax filing, are you ready?
It is that time of the year again, when we start gathering all our documentation to file our Federal income taxes. This year, the conversation around taxes on Social Security benefits will be impactful to all seniors. It’s well understood…