Sun, 6 July 2014
“How do I understand Social Security and Medicare?” This is a question I hear most often from people planning for retirement. It's understandable. Social Security and Medicare benefits will play a big part in your retirement. In this episode we begin to unwrap both and begin to build a framework for you make decisions about your Social Security and Medicare benefits. I say we “begin” intentionally. These are BIG subjects. In future episodes, we’ll continue to improve your understanding of your Social Security and Medicare. Announcements
Retirement Tip of the WeekI suggest you visit and explore our government's Social Security website. It is an easy to navigate, useful resource to help you manage your Social Security benefits. YES, I just said “useful” and “government” in the same sentence. They did a great job designing the site. You can easily:
Unwrapping Medicare: The BasicsThis week I talk with Misty Kimbrough, a local insurance expert about the basics of Medicare. She outlines the basic parts of Medicare and the 3 most common missteps people make when planning medicare benefits for retirement. Part A “major medical” coverage covering health care costs at hospitals Part B Covers the costs of health care outside of a hospital. Doctor visits, outpatient procedures, x-lab test and related services Medicare Supplements (Medigap) Part C Medicare Advantage Plan Part D Prescription Drug Plan 3 Common Medicare Missteps Resources Discussed |