Note from Jim: I’m off on vacation this week, and so have recruited some help from my friends… today’s post is from Steven Young, CFP®. Steven operates his Fee-Only Financial Planning practice out of Springfield, Missouri. You can few more about Steven at his website, Steven Young Financial Planning. As efforts to improve the Medicare [...]
Posts under ‘Medicare’
Medicare is Not Automatic
If you’re nearing age 65, there’s something you need to know: unless you’re currently receiving Social Security benefits (having filed early), you need to take action to make sure you receive your Medicare benefits in a timely fashion. Timing What this means is that you need to sign up for Medicare three months prior to [...]
Medicare and Social Security Decoupled
Back in the olden days, when you had only the choice of age 65 to apply for Social Security retirement benefits, Medicare and Social Security went hand-in-hand. At the same time that you applied for Social Security retirement benefits, you would also apply for Medicare – all at age 65. In the continuous evolution of [...]
What’s Up With Medicare Premiums? How Increases Are Determined
If you are collecting Social Security and covered by Medicare, you may be wondering why your Medicare premium didn’t increase for 2010… or if it did increase, why did it – since it didn’t increase for so many? To understand this quandry, we need to look at the system for determining increases to Social Security [...]
And if you've come here to learn about queuing waterfowl, I apologize for the confusion. You may want to discuss your question with Lester, my loyal watchduck and self-proclaimed "advisor's advisor".
