Considering recent events, healthcare is on everyone’s mind. While increases in premiums are common for Medicare, 2020 brought changes that go much deeper. These changes are due to the SUPPORT Act, the Bipartisan Budget Act of 2018, and the 2020 Medicare Physician Fee Schedule. This year’s changes include new coverage areas, expansion of benefits, and changes in allowed policies.
The number of Americans retiring has nearly doubled in the past 20 years with 10,000 people a day reaching age 65. Are you making plans to become one of them?
If you are nearing retirement, then Social Security is probably on your mind. Over 48 million people were receiving Social Security retirement benefits this January and the majority of retirees receive the majority of their retirement income from Social Security. With Social Security benefits being such an important part of your future, it is crucial for you to have a solid understanding of how they work. There are a number of decisions you will have to make regarding Social Security that can have a great impact on how much you will receive. In this guide, we will answer the five biggest questions that everyone has about Social Security and how to maximize it.