About: Greg Downing
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For ages, there’s been a not-so-secret loophole for Social Security spousal benefits. It’s called “File and Suspend,” and it will soon be coming to an end. As you’ll see, the loophole has the potential to be quite lucrative, and if you’re thinking about using the strategy, your window for doing so is rapidly closing. The […]
Yes, you can use your Health Savings Account (HSA) distributions to pay for Medicare Part B premium, Medicare Advantage plan (Part C), and prescription drug plan (Part D). You can also continue to use you HSA to pay for Medicare expenses such as co-payments, co-insurance, deductibles, and even long-term care insurance. However once enrolled in […]
How much will my Medicare Part B premium amount for 2016? Your Medicare Part B premium will be $121.80 (or higher depending on your income). However, most people who get Social Security benefits will continue to pay the same Part B premium amount as they paid in 2015. This is because there wasn’t a cost-of-living […]
Open Enrollment For Individuals Is November 1, 2015 – January 31, 2016 If you are looking to buy your own health insurance plan or change your current coverage for 2016, you can do so during this time. In order to help you better understand your options for 2016, I will highlight the current status of each […]
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