Seeking Retirement

Medicare

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Question regarding Tricare/Medicare costs once you hit 65

For any military retirees who had to transition from Tricare Select/Prime to Tricare for Life when you hit 65, I understand that Tricare for Life is a supplemental insurance to Medicare Part B. Are yo...

reddit.com Dec 23 2023

Medicaid Expansion: a New Option for Disabled Workers

Picture an older warehouse worker whose back pain might qualify him for a federal cash benefit for his disability. If he’s right and his application is approved, he would get the Medicare health...

crr.bc.edu Nov 28 2023

Need help with Form SSA-44

Hello, I am retiring as of 12/31/2023 and my Medicare Part B application for 2024 has been approved. I have received notice that, based on my high income in 2022, I will have to pay a higher Part B an...

community.aarp.org Nov 28 2023

The financial advisor's guide to Medicare

Medicare is a minefield of deadlines, penalties and the potential for disastrous mistakes. Here's how wealth managers can guide their clients to safety....

financial-planning.com Nov 22 2023

Retiree Insurance as medicare Supplement?

We have retiree insurance for one person costing $180 per month. We could, however, choose an ACA plan for much less based on our retirement income. Once we cancel the retiree plan we can never get it...

reddit.com Nov 19 2023

Want Medicare. No social security until later

Trying to sign up for Medicare online but the process keeps walking me through Social Security benefits which I DON’T want yet. Is this usual? How do I get on the correct path? submitted by /u/a...

reddit.com Nov 13 2023

The New York Times Greedy Geezer Myth

The intergenerational-conflict myth is weaponized to cut Social Security and Medicare and make people work longer. The intergenerational – conflict myth intones that politicians who cut spending...

forbes.com Oct 28 2023

Question about timing for Medicare sign up.

Here’s the deal. My spouse turned 65 in July. He signed up for Part A same month. Still on my plan this year. He needs traditional Part B with a plan G Medigap and a Plan D, to start January 1st...

reddit.com Oct 22 2023

2024 Medicare Part B Premiums Announced

October 2023 – The Centers for Medicare & Medicaid Services (CMS) has released the 2024 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 20...

topretirements.com Oct 18 2023

Transitioning from AHA to Medicare question

My wife and I are currently on Obamacare. She turns 65 on February 25, thus will go on Medicare. Do we sign her up for AHA for two months, or can she go on Medicare since she is so close at the beginn...

reddit.com Oct 17 2023

Yikes! IRMAA is going to hit the wallet this year

As the title states, the IRMAA surcharge is going to happen in 2024 for our Medicare Part B I was unable to manipulate revenue from 2022 low enough to avoid the surcharge. The revenue for 2022 was sig...

reddit.com Oct 13 2023

Criticisms of Medicare Advantage Marketing Continue

A recent blog about advertisements for Medicare Advantage policies brought a torrent of criticisms from our readers that the ads flooding the airwaves and mailboxes are too vague and even misleading. ...

crr.bc.edu Oct 10 2023

If we become Expats, what to do about Medicare?

I know that we need to talk with a planner, but was hoping for some practical advice here. I am a Massachusetts teacher, and am planning to retire June 2027 to fully vest at 80% (I've paid into it a l...

reddit.com Oct 01 2023

Questions I have about Social Security and Medicare

I (M66) reach FRA early 2024 at 66 1/2. I own my home and car, have some savings and investments, 401k, and a small pension. Simple 'back of the cocktail napkin' arithmetic leads me to believe I can a...

reddit.com Oct 01 2023

Surprise: Medicare Spending Far Less Than Expected

Sept. 8, 2023 — The number of people using Medicare has grown steadily as baby boomers become eligible. But defying predictions, spending per Medicare recipient has levelled off, which brings un...

topretirements.com Sep 08 2023

First Alzheimers Drug Approved: Medicare Will Approve

July 7, 2023 — Leqembi, the first drug shown to slow down Alzheimer’s disease, has been given full approval by the Food and Drug Administration (FDA). The new drug has been shown to be effecti...

topretirements.com Jul 07 2023

Advantage Plans Overtake Original Medicare

June 7, 2023 — It has finally happened. For the first time, more people are enrolling in Medicare Advantage Plans than Original Medicare. The extra benefits and lower (sometimes zero) premiums a...

topretirements.com Jun 07 2023

Medicare Basics: IRMAA - Break Down with Planning Demo

Hey Everyone, A lot of you had direct messaged me or commented on the Medicare Basics post and had questions regarding IRMAA. I decided to make a youtube video that breaks down the issue more in depth...

reddit.com Mar 21 2023

Medicare Basics

Hey Everyone, I wanted to provide a very brief summary on the basics of Medicare and some FAQs I get as a Financial Planner. Again, I want to stress this is a high level overview for those of you in h...

reddit.com Mar 21 2023

Medicare supplement question

Will be retiring in September of this year! Question about shopping for Medicare supplemental insurance. Will be going with traditional Medicare, not an advantage plan. When shopping for plans, do Med...

reddit.com Mar 19 2023

How Does Medicare Work? | Sensible Money

There are several parts to Medicare. Here are some answers to common questions regarding how it works, when to enroll, and which parts are free....

sensiblemoney.com Mar 17 2023

Independent consultant on Medicare?

Does anyone know how to find an independent consultant about Medicare? Agents who are incentivized by sales commissions can be very helpful, but they may not provide me with the optimal plans for my s...

community.aarp.org Mar 17 2023

Medicare, has anyone else experienced this?

I think there is an unpublicized widespread problem with Medicare plans that wastes taxpayer money and premiums and supplies an unneeded service. I wish I could report this to the government, but you ...

reddit.com Mar 15 2023

Social Security and Medicare Premium

We are already on Medicare A & B. As we have not started SS yet, I pay the premiums directly on a quarterly basis. My understanding is once SS starts, the premiums will be taken from our monthly c...

reddit.com Mar 06 2023

Advantage Plans Deny 6% of Treatments

Here’s something you should know about Medicare Advantage plans: the vast majority of these insurance policies require prior approval before a person can receive some medical treatments and serv...

squaredawayblog.bc.edu Mar 02 2023

Reality Check-Know What Medicare Does Not Cover, Ever

Lots of folks expect that Medicare or Medicaid or a combination of these will pay for assisted living for their aging parents. When care is needed, and the parent is low on funds, find out the truth....

forbes.com Feb 28 2023