7 Things You Didn’t Know About Medicare | Retiring Today with Loren Merkle [Video]

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In this episode of Retiring Today with Loren Merkle, we answer some of your most frequently asked questions about Medicare. We dive into the things you may not know to help you understand what Medicare is, what it covers, and what it doesn’t, including:

– Why you could pay more if you enroll late
– The four basic parts of Medicare –A, B, C and D
– Monthly premiums and copays
– What to do if you are 65 and still working
– Why you have to revisit your Medicare plan and supplements each year

Loren Merkle, CERTIFIED FINANCIAL PLANNER™, RETIREMENT INCOME CERTIFIED PROFESSIONAL®, CERTIFIED FINANCIAL FIDUCIARY®
https://merkleretirementplanning.com/staff-members/loren-merkle/

AnnaMarie Morrow, Director of Medicare
https://merkleretirementplanning.com/staff-members/annamarie-morrow/

Molly Nelson, Host of Retiring Today
https://merkleretirementplanning.com/staff-members/molly-nelson/

Chapters
00:00 Introduction
01:05 Importance of Simplifying Medicare Decisions
02:12 Medicare Enrollment Penalties
03:58 Understanding Medicare Options
04:16 Medicare Costs and Premiums
05:07 Choosing the Right Supplement and Advantage Plans
06:39 Understanding Drug Card Options
07:16 Ancillary Benefits and Network Coverage
09:29 Integrating Medicare Costs into Retirement Plans
09:50 Journey to Retirement Workshop Promo
11:26 Viewer Questions: Roth Conversions and Medicare
14:28 Introduction to John and Sue – Hypothetical Retirement Couple
15:07 Secure Roadmap and Retirement Workshop Details
17:12 Additional Medicare Insights
19:00 Final Thoughts on Medicare and Retirement Planning

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This video does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by Merkle Retirement Planning LLC, Elite Retirement Planning LLC, MRP Insurance LLC, or any other third party regardless of whether such security, product or service is referenced in this episode. Furthermore, nothing in this episode is intended to provide tax, legal, or investment advice and nothing in this episode should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction. Merkle Retirement Planning, LLC does not represent that the securities, products, or services discussed in this episode are suitable for any particular investor. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.