Moving after retirement can be stressful. It involves investing a lot of time and money, and generally requires placing your trust in a realtor to negotiate in your best interests. Toss the paperwork, packing, and strains of scheduling a move into the equation and the sources of stress pile up. One way you can relieve […]
When Medicare Pays Secondary
These days many people work well past 65. In many of these cases, Medicare pays secondary to the employer group health coverage. But what does that mean exactly? And should beneficiaries enroll in just Part A or also Part B? Will you need a drug plan? These are all common questions from workers across America […]
The Ultimate Cancer Medicare Guide: What You Need To Know
Each year, over 100,000 Medicare beneficiaries are diagnosed with a form of cancer. Inevitably, our clients often ask us about what Medicare would cover in the case that they were diagnosed with cancer. We also get the dreaded question of, “what now?” for the clients who want to know their options after being diagnosed. In […]
What are the new Medicare Advantage supplemental benefits?
Starting in 2019, the Centers for Medicare and Medicaid Services (CMS) granted Medicare Advantage plans more flexibility to cover additional services that help seniors stay out of the hospital and safely age at home. The Bipartisan Budget Act of 2018 authorized several new changes and supplemental benefits for Medicare Advantage plans. Because Medicare Advantage plans […]
6 Side Hustles for Seniors Over 60
As a senior, you may have fallen short in your retirement nest egg. You may either be looking for ways to save more before retirement or need an additional source of income while in retirement. Side hustles are nothing to be frowned upon and can actually help you reach your financial goals a little quicker. […]
6 Reasons To Shop For Homeowners Insurance Online
It seems like everything in our life is turning into an online purchase. We live in a world where you can get everything from groceries to Medicare insurance policies online. Is someone trying to keep us from leaving the house altogether? While I am probably going too far with my conspiracy theory, the truth is […]
Medicare Late Enrollment Penalties
Penalties come in all forms. Whether you pay a fine for that library book you forgot to return or are charged for a late payment, we’ve all been assessed a penalty at some time. However, many people don’t realize that you can be charged penalties for not signing up for Medicare. Medicare penalties are no […]
Universal Life Insurance Explained
Having a family or loved ones that depend on you can put you in a unique position. Every step-in planning takes into consideration the impact it will have on those around you. Nothing will have greater impact than an untimely passing with unprepared finances that leave your loved ones struggling paycheck to paycheck. With that, […]
How to Lower Your Increased Medicare Part B Premium
One of the biggest misconceptions about Medicare is that it’s free. Unfortunately, Medicare is not free; you have to pay for it. The only part of Medicare that you have already been paying into for all your working years is Part A. That is why most people qualify for premium-free Part A when they turn […]
Medicare Supplements vs Medicare Advantage Plans
Choosing the best type of plan for yourself can be stressful. It’s especially difficult because you only have a limited initial enrollment window and many beneficiaries are concerned about choosing the wrong plan for them. The type of plan you initially choose can make or break your future with Medicare. With that said, you’ll want […]