Nearing 65? Don’t Get Caught By Medicare’s ‘Money Traps’

Summary

  • Medicare isn’t free and in fact may end up costing more than you expect.
  • High-income earners may face substantially higher prices for Medicare coverage, as much as $8,800 a year in extra costs for a couple.
  • Which Medigap plan is best? If you want comprehensive coverage and travel overseas, choose Plan G over Plan F.

Read my full analysis on SeekingAlpha.com

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One Response to Nearing 65? Don’t Get Caught By Medicare’s ‘Money Traps’

  1. 5Flavors says:

    Clear info on a complex topic, very useful Thank you. Have a few years to go but nice to start my game plan. Have to unwind ibonds that mature @70+ vs. Roth conversions to manage IRMA but have no idea how to do that math. Keep up the useful postings!! Forewarned is forearmed–until they change the rules again.

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