fbpx

2025 COLAs and the Medicare & You Handbook

Posted on Friday, 11th October 2024 by Dennis Damp

Share

More than 71 million Americans will see a Cost-of-Living Adjustment (COLA) of 2.5% in their Social Security benefits and Supplemental Security Income (SSI) payments in 2025. Social Security retirement benefits will increase on average $49 per month starting in January. Federal retiree annuities under the Civil Service Retirement System (CSRS) receive the full 2.5% increase […]

Tags: , , ,
Posted in

| Comments (0)

Prescription Drug Coverage and MA Plans in 2024 – Part 2

Posted on Friday, 10th November 2023 by Dennis Damp

Share

The Inflation Reduction Act’s Part D reforms will impact FEHB plans in 2024. Historically, most federal annuitants didn’t need to consider Part D because FEHB prescription drug benefits were as good or better and didn’t have an additional premium. However, OPM has allowed FEHB plans to offer Part D prescription drug plans (PDP) in 2024, […]

Tags: , , , , , ,
Posted in

| Comments (0)

Medicare Signup, Premiums, and RMD Withdrawals – It’s Time

Posted on Friday, 7th October 2022 by Dennis Damp

Share

Medicare sent out their Medicare and You 2023 handbook last month to current recipients. The initial enrollment period remains the same. Those approaching 65 can sign up for Part A and/or Part B during the 7-month period that begins 3 months before the month you turn 65, includes the month you turn 65, and ends […]

Tags: , , , ,
Posted in

| Comments (0)

Retirement Updates, Retiree Job Options and Home Remodeling Tips

Posted on Thursday, 6th February 2014 by Dennis Damp

Share

The last series of articles focused on signing up for Medicare at age 65 and FEHB plan impact. Here is another update before moving on to other areas. I use Turbo Tax to complete our income taxes each year. When I was entering data from my wife’s Social Security SSA-1099 Form I discovered that Part […]

Tags: , , , ,
Posted in

| Comments (0)

Terms Of Use