Social Security and Medicare Face Financial Challenges

How Social Security and Medicare will be affected by the COVID-19 pandemic is still uncertain; the Trustees acknowledge that the estimates and analysis included in the reports do not reflect the potential effects. Social Security Trust Funds The Social Security program consists of two parts, each with its own financial account (trust fund) that holds … Read more

Take (care with) Your Medicine

Prepare yourself for the paper deluge! If you are a Medicare enrollee, you will probably notice an uptick in the amount of mail you receive during the next couple of months. That’s because we are about to enter that special time of year designated to be the open enrollment period for Medicare plans. Various Medicare … Read more

Give and Take

Lots of important financial announcements came down from the government this week that should be of interest to retirees and those looking to retire in the near future. As usual with Washington, there’s some good news and some bad news. Here’s a quick look… For those who are still working and can contribute to some … Read more