Medicare is…complicated…
Learn Why Your Medicare Part B Premium Can Vary and How to Reduce It
Most people pay the standard rate for Medicare Part B premiums, but those with higher incomes pay more. The amount you pay for Medicare Part B premiums is determined by your Modified Adjusted Gross Income (MAGI) from two years ago. Your MAGI is an adjustment to your AGI due to various tax deduct…
Federal retirees received a 9% increase in COLA
The evaluation phase for January 2023 federal pensions and benefits is 75% complete. Considering a 1.6% rise in the impact of inflation used to calculate the COLA (cos…
Contrary to common belief, Medicare is not entirely free
Me…
Four Common Social Security Spousal Benefits Mistakes
Even if you haven’t worked a day in your life, if you’re married to an eligible recipient, you may be entitled to a sizable Social Security payment. Depending on when you file, you might be entitled to up to half of what your qualified spouse receives. However, you’ll need to devise a strategy t…
7 Common Medicare mistakes to avoid
Currently, many carriers are offering