Social Security, Medicare & Money

Our Senior’s Guide to Navigating Medicare Advantage Open Enrollment

By Anuradha Mundluru, MD ~ It’s that time of year again! Medicare Annual Enrollment is open until December 7. That means it’s time to evaluate the benefits you’ve been receiving and make sure your coverage is working hard for your health needs. With so many plans and constant policy changes, finding the perfect plan can

Social Security Card and Stacks of Coins

Social Security Changes for 2021

By David Freitag~ The Social Security Administration recently released its Fact Sheet for 2021, with updates and changes for those receiving Social Security benefits. Positive Changes Social Security Cost-of-Living Increase There actually is some good news for retirees. 2021 will bring a cost-of-living increase to Social Security benefits, based on a 1.3% rise in the

New Tools from the Social Security Administration

By David Freitag~ We all know the old saying, “I am from the Government and I am here to help.” Without question, this applies to the Social Security Administration — they really do want to keep you informed about how Social Security can support your lifestyle in retirement. I asked David Freitag to review two

Benefits of Taking Social Security Early as a Safety Net

By David Freitag ~ When difficult financial times arrive because of turmoil in the stock market or a serious new health condition, it’s good to know that Social Security can often be a significant safety net for people 62 or older. When financial headlines broadcast 5-10% daily market losses, it is important to remember that

Social Security Retirement Strategies

By Heidi Frankel ~ How Can You Maximize Your Retirement Income in 2020 via Social Security and Medicare Strategies? We asked David Freitag, a financial planning consultant with MassMutual, and this is what he had to say: As the calendar moves along, it is always a good idea to add some essential to-do’s to your

How Can You Maximize Your Retirement Income in 2020 via Social Security and Medicare Strategies?

By Heidi Frankel ~ We asked David Freitag, a financial planning consultant with MassMutual, and this is what he had to say: As the calendar moves into the New Year, it is always a good idea to add some essential to-do’s to your resolution list. Some of those important to-do’s involve your Social Security account

Filing Early for Social Security Retirement Benefits Leads to Some Drawbacks

By Heidi Frankel  ~ This year, 2019, marks the first time more than half of baby boomers in the United States are age 62 or older. More than 38 million people are fast approaching a major life decision: “When should I take my Social Security benefits?” In its Annual Statistical Supplement for 2018, the Social

Beware, Thieves are Working the Phones

By David G. Freitag, Financial Planning Consultant with MassMutual ~ Robocalls have always been infuriating. But what should you do if you’re not sure it’s a robocall or the Social Security Administration (SSA)?   We asked David Freitag, a financial planning consultant with MassMutual, about this growing and concerning phenomenon. Heidi: Tell us about the robocalls

Be Cautious—Criminals are Looking for Your Social Security Data

By David G. Freitag, Financial Planning Consultant with MassMutual ~ Does this sound like a scene from a movie? Bob is relaxing at home after a crazy day at the office. He checks his voicemail messages on his phone and is startled to hear this message from a stranger: “This is a call from fraud

Retirement: Is Your Marriage Ready?

By Sue Mintz ~ “I married you for better or worse, but not for lunch,” Jody read in an article about retirement planning, and she could relate! This is what partners often feel after the “new normal” of retirement sets in. Jody found that her retirement honeymoon was over. Now, she and her husband, John,

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