by PTT Financial | Nov 26, 2019 | Articles for Consumers, Medicare
The annual cost-of-living adjustment (COLA) means that retirees will be getting bigger Social Security retirement benefits in 2020. Before you start celebrating the windfall, however, it’s important to consider two things. One, the increase is only 1.6 percent. Two,...
by PTT Financial | Nov 19, 2019 | Articles for Consumers, Medicare
If you have a health savings account (HSA) and you’re turning 65, beware. Although HSAs are often used for retirement savings purposes, Medicare enrollees cannot contribute to HSAs. Here’s what you need to know about enrolling in Medicare and using your HSA. HSAs –...
by PTT Financial | Nov 7, 2019 | Articles for Consumers, Medicare
Do you need some extra help? Low Income Subsidies (LIS), also called Extra Help, are available to help qualifying Medicare beneficiaries afford the costs of prescription drugs. To qualify for Extra Help, you need to meet the LIS resource limits. The LIS resource...
by PTT Financial | Oct 2, 2019 | Articles for Consumers, Medicare
As you know, prescription drugs are expensive. If you’re over 65 or you have a qualifying condition, however, you can get some help with that. Thanks to Medicare Part D, some of your medications may be paid for. Medicare Part D plans, like any other part of...
by PTT Financial | Sep 24, 2019 | Articles for Consumers, Financial Planning
Could your finances weather a storm? A disaster – whether it’s a hurricane, earthquake, fire or other catastrophe – can be financially devastating. Good preparation can help keep both your family and your bank account safe. September is National Preparedness Month,...
by PTT Financial | Sep 6, 2019 | Articles for Consumers, Medicare
When you turn 65, you age into Medicare. For many people, this is fantastic news. Others, however, may have other coverage that they want to keep. This raises the question – can you have private insurance AND Medicare? In some cases, this is possible. Job-Based or...
