After a lifetime of work, many retirees find themselves lost when trying to decide how to spend their time. From a very young age, we are funneled into the school system, and after a decade and some change, we go off into the workforce. In other words, for many people, there has always been some… Continue Reading Top 4 Hobbies For Retirees
Retiree Benefit News
Social Security Changes For Retirees in 2019
Beneficiaries Have Received an Increase Effective January 1, Social Security beneficiaries have received a 2.8% cost of living adjustment (COLA). This cost of living adjustment is an aid to keeping in check with inflation. It is the largest increase in COLA since 2012 when the adjustment was at 1.7 and will be paid out to… Continue Reading Social Security Changes For Retirees in 2019
Medicare and Medicaid: What’s the Difference?
Both Medicare and Medicaid are government-administered healthcare programs and many people get the two confused. The names aren’t all that different, so it can be easy to jumble the information. This info is worthwhile so you can know the differences and which program you may be eligible for you. Check out our article about Medicare… Continue Reading Medicare and Medicaid: What’s the Difference?
10 Tips to Boost Retirement Savings
There is no one way to boost your retirement savings. No matter what your age, it is always a good idea to save and be proactive when it comes to your financial health. It’s never too early and it’s never too late to start saving! If you are nearing retirement or are about to enter… Continue Reading 10 Tips to Boost Retirement Savings
Changes in the Medicare Model
CMS Primary Cares Initiative On April 22, 2019, the U.S. Department of Health and Human Services (HHS) Secretary Alex Azar, along with the Centers for Medicare & Medicaid Services (CMS) Administrator, Seema Verma, announced a new set of payment models known as the CMS Primary Cares Initiative. This initiative intends to transform primary care by… Continue Reading Changes in the Medicare Model
What is Medicare Part D?
Medicare Part D is a federal program of Medicare that is directed through private insurance companies. These private insurance companies offer retail prescription drug coverage to Medicare recipients. Part D helps thousands of Medicare beneficiaries pay for much-needed prescription drugs; prior to 2006, these patients would have to pay thousands of dollars out-of-pocket for the… Continue Reading What is Medicare Part D?
