If you’re a senior who’s still working and covered by an employer-sponsored health plan, you might be wondering about the impact of deferring Medicare Part B on your HSA contributions. Let’s explore the benefits and considerations of deferring...
Health Savings Accounts (HSAs) can be a fantastic tool for managing healthcare costs, but the rules around contributing to an HSA while on Medicare can be a bit tricky. Let’s dive into whether you can contribute to an HSA while enrolled in Medicare Part A but...
If you’re a high-income retiree, you’ve likely encountered IRMAA—the Income-Related Monthly Adjustment Amount that adds surcharges to your Medicare Part B and Part D premiums. And if your income has gone down or you’ve experienced a major life event, you might be...
Understanding Medicare Parts A, B, C, and D: A Comprehensive Guide Hello everyone, Matt Feret here! I’ve noticed a growing trend in my inbox lately—many of you have been reaching out with questions about Medicare, inching through the nuances that I cover...
*Updated 1/2/24 Medicare Part B – How to Defer or Decline Until You’re Ready Working past age 65? Have a spouse on your health insurance that isn’t 65 yet? If you’re deferring Part B for any reason, when you eventually do sign up for Medicare Part...
Hello Matt, I know that Medicare Part B premiums and deductibles are decreasing, and my premiums are based on my income. Can you give me an idea of how much money I will save with the latest Medicare Part B adjustments? Thanks a bunch! Enjoying the information...