I’m getting Social Security benefits before 65, am I automatically enrolled in Medicare Part A and Medicare Part B?

How do I sign up for Medicare?

Article Excerpt: "Some people get Medicare Part A (Hospital Insurance) and Part B (Medical Insurance) automatically, and some have to sign up for it. ..."

When you apply for retirement or disability benefits from Social Security (or the Railroad Retirement Board), it also serves as your application for Medicare. Once you get approved for Social Security or Railroad Retirement Board benefits, you’ll automatically get Part A coverage (without having to pay a premium for it) once you’re eligible for Medicare.

If you’re getting benefits from Social Security (or the Railroad Retirement Board) at least 4 months before you turn 65, you’ll automatically get Part A coverage. You’ll also be signed up for Part B (unless you live in Puerto Rico or outside the U.S.). Because you pay a monthly premium for Part B coverage, ...

Resource: www.medicare.gov

What’s It Like to Turn 65 in 2024?

What’s It Like to Turn 65 in 2024?

Article Excerpt: "...As the boomers’ ‘silver tsunami’ crests, the age once synonymous with retirement means something very different... In 2024, the country will see “the beginning of what we call the Peak 65 zone, when we’ll see the largest surge of Americans turning 65 in our history,” ..."

Resource: www.aarp.org

The Secret to Finding Love After 60

The Secret to Finding Love After 60

Article Excerpt: "...Longer lifespans have given older singles the opportunity to have new, long relationships. But they need to first accept that it likely will be different this time around. ..."

Resource: www.wsj.com

Can a 65 year old woman find love again?

Can a 65 year old woman find love again?

Article Excerpt: "...It may seem difficult, even scary, to find love again later in life. But I’m happy to share that many of my clients have found new love after 60- even into their 70s and beyond! So how do you increase your chances of finding love after 60? ..."

Resource: motivatedtomarry.com

Laws against price gouging already exist

Laws against price gouging already exist

Article Excerpt: "...42 states have emergency regulations or price-gouging statutes Price-gouging is often defined in terms of the three criteria...In a 2012 survey of leading American economists by the Initiative on Global Markets, only 8 percent agreed with a proposal to prohibit "unconscionably excessive" price gouging"

Resource: wikipedia.org

Laws against price gouging already exist

The Number One Move You Can Make to Improve Finanaces

Why Americans pine for the Trump economy

The economy was better under Trump. The data backs it

Article Excerpt: "...The scarring effects of inflation have fueled a kind of nostalgia regarding Donald Trump’s presidency, from 2017 to 2021. In a recent NBC News poll, 40% of respondents said Trump’s presidency was better than expected, a higher portion saying so than when NBC asked the same question in 2018. Voters consistently say they trust Trump more than Biden on the economy, a crucial deficit for Biden given that the two men are vying for the presidency once again this year. ..."

Resource: finance.yahoo.com

Trump Economy vs. Democrat Economy,

Georgia Retirement Tax Friendliness

Georgia Retirement Tax Friendliness

Article Excerpt: "...Georgia does not tax Social Security retirement benefits and provides a maximum deduction of $65,000 per person on all types of retirement income for anyone 65 or older. The state’s..."

Resource: smartasset.com

Georgia,Tax Friendly States for Retirees,

Too Expensive | ‘Why I’m Moving Out of Florida To Retire’

Too Expensive | ‘Why I’m Moving Out of Florida To Retire’

Article Excerpt: "...insurance costs have skyrocketed—and some of her neighbors can’t get it at all. Home insurance costs are up a whopping 102% since 2021—three times the national average.

Mark Friedlander of the Insurance Information Institute also told Fox13: “We’re going to see double-digit increases again in 2024. ”

“Everybody I know got massive rate increases last year or were dropped by their carrier,” laments Newman. Carriers “also want you to replace your roof if it’s over 20 years old, even if it’s in good condition.”

She says many friends are choosing not to pay premiums..."

Resource: www.realtor.com

Home Insurance, Retirement Expenses,

How much does Medicare Part B cost per month?

How much does Medicare Part B cost per month?

Article Excerpt: "... The standard monthly premium for Medicare Part B enrollees will be $174.70 for 2024, an increase of $9.80 from $164.90 in 2023. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023 ..."

Resource: www.cms.gov

Do i have to sign up for Medicare if i retired from the U.S. Postal Service?

Do i have to sign up for Medicare if i retired from the U.S. Postal Service?

Article Excerpt: "...Subject to limited exceptions, Postal Service annuitants who retire and become entitled to Medicare Part A after January 1, 2025, and their family members who are entitled to Medicare Part A will be required to enroll in Medicare Part B as a condition of eligibility to enroll in the PSHB Program. ..."

Resource: www.federalregister.gov

OPM retirement claims backlog continued to grow in July | Hmm, Less Claims, Larger Backlog

OPM retirement claims backlog continued to grow in July

Article Excerpt: "despite receiving less claims and processing more claims than in June, the backlog still increased in size for the second month in a row.

OPM received 6,451 retirement claims in July, 468 less than June’s total of 6,919 claims received. ..."

Resource: federalnewsnetwork.com

OPM Retirement Backlog Grows,

Relaxing Retirement Project | A Backyard Aquatic Garden Can Deliver Healthy Serenity

Many retirees find healthy benefits to having a private, calming aquatic garden for your home, condo or apartment. The sounds of a waterfall and chirping birds can relax your soul and possibly lower blood pressure. It is also a great area to add flowers, fruit and veggies organically grown in your own yard. It is so nice to gather fresh blueberries, tomatoes, onions, potatoes, peppers, figs, watermelons and a plethora of other items directly from you own home spaces. The physical upkeep and additions can offer physical, as well as mental health. The sights of swimming fish and the sound of a croaking bullfrog is sure to put a big smile on your face. Give it a try! Here is an example of a watergarden in Huntsville, Alabama. Click the image for pages of ideas, videos, and beautiful pictures:

The Average American Retires at Age 61.

The Average American Retires at Age 61.

Article Excerpt: "...As of 2022, the average retirement age among U.S. workers is age 61, according to a poll from Gallup. That's up from age 59 in 2002 and age 57 in 1991. This is in line with other research suggesting that workers are choosing to retire later in life. A 2023 report from the Transamerica Center for Retirement Studies, for example, found that nearly half of baby boomers plan to work past age 70 or never retire at all. ..."

Resource: www.aol.com

Biden Never Lived Up To Promise To Increase Social Security Pay For Retirees

How Does Inflation Impact Near Retirees and Retirees?

Article Excerpt: "...inflation harms most older households, the risks vary across the age and wealth distribution. Specifically, inflation harms retirees more than near retirees because – outside of Social Security – retiree income is less indexed to prices, and retirees hold less fixed-rate debt...."

Resource: Boston College

Postal Service Health Benefits (PSHB) Program

Postal Service Health Benefits (PSHB) Program

The Postal Service Health Benefits (PSHB) Program is a new, separate program within the Federal Employees Health Benefits (FEHB) Program, administered by the Office of Personnel Management (OPM) which will provide health insurance to eligible Postal Service employees, Postal Service annuitants, and their eligible family members starting in 2025. The PSHB Program coverage will replace Federal Employees Health Benefit (FEHB) Program coverage for these groups.

USPS has issued fact sheets on the PSHB program – one for current Postal employees, and one for Postal annuitants. Visiting these links will bring you to a USPS-owned website.

Resource: www.opm.gov

Postal Service Health Benefits (PSHB) Program