How to Avoid Medicare Late Enrollment Penalties

by Matt Feret | Apr 1, 2025 | Medicare Advice

Medicare late enrollment penalties can be a costly surprise if you’re not careful. Let’s explore how to avoid these penalties and ensure you have the coverage you need without any added expenses. Understanding Medicare Late Enrollment Penalties First,...

How and When to Enroll in Medicare if You’re on SSDI

by Matt Feret | Mar 15, 2025 | Medicare Advice

Enrolling in Medicare when you’re receiving Social Security Disability Insurance (SSDI) comes with its own set of rules and timelines. Let’s explore how and when to enroll in Medicare if you’re on SSDI to ensure you get the coverage you need....

How to Calculate Your Modified Adjusted Gross Income for IRMAA in 2025

by Matt Feret | Mar 1, 2025 | IRMAA, Medicare, Medicare Advice

Understanding how your income affects your Medicare premiums is crucial, especially when it comes to IRMAA. Your Modified Adjusted Gross Income (MAGI) determines whether you’ll pay additional surcharges on top of your standard Medicare Part B and Part D...

Understanding IRMAA: What It Is and How It Affects Your Medicare Premiums in 2025

by Matt Feret | Feb 15, 2025 | Medicare Advice

If you’re a high-income retiree, you might have come across the term IRMAA while dealing with your Medicare premiums. IRMAA, or Income-Related Monthly Adjustment Amount, is an additional surcharge that higher-income beneficiaries pay for their Medicare Part B...

What to Do If You Missed the Medicare Annual Enrollment Period (AEP)

by Matt Feret | Jan 1, 2025 | Medicare, Medicare Advice

What to Do If You Missed the Medicare Annual Enrollment Period (AEP) Missing the Medicare Annual Enrollment Period (AEP) can feel like a huge setback, but don’t panic. There are still options available to make changes to your Medicare coverage. Let’s explore...

Medicare Part A Only and COBRA – A Cautionary Tale

by Matt Feret | Mar 19, 2024 | COBRA, Medicare Advice, Medicare Part A

Hi Matt, I want to relay a cautionary tale about Medicare and COBRA coverage. The background: I’m over age 65 and eligible for Medicare, so I took Medicare Part A and waived Medicare Part B and kept my employer’s group health insurance while I was still working.  As...