Turning 65 this year? Looking to retire on Medicare?.... While signing up for Medicare sounds relatively simple, there are a lot of moving parts [literally ! Parts A, B, D...!] that require decisions that will impact your pocketbook and your insurance coverage.
TIME TO START ENROLLING... Starting the project this NEW YEAR...(been in denial)... and will share info that may be helpful to fellow "boomers"..... this is a good overview to use in planning the "big event"....
The author Bob Rall, CFP® April 24, 2017 (Investopedia)
recommend six steps when going through the Medicare enrollment process:
1. Check your timing
2. Choose your Medicare path
3. Select your specific plans
4. Enroll in Medicare (note that this is the fourth step, not the first!)
5. Enroll in your specific plan(s) (For related reading, see: Medicare 101: Do You Need All 4 Parts?)
6. Review your coverage annually
You can find the FULL article at the following website link: "Investopedia" website that is an excellent source for explaining financial concepts in understandable terms!!!!! I will "feed" the entire on to this site for those of you who are unable to obtain the full article.
COMING ..NEXT SECTION: "The BASICS - Medicares A, B, [C] D
LINK (Cut & Paste)
Read more: Medicare Enrollment Part 1: When to Enroll | Investopedia https://www.investopedia.com/advisor-network/articles/medicare-enrollment-part-1-when-enroll/#ixzz52qBZFbRA
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