Medicare

While tax planning for the greatest long-term efficiency in retirement, be wary of increasing taxable income. Upon doing so, there are two major situations you could find yourself in, both of which are discussed by past Retire With Purpose podcast guest, Wade Pfau, here.

The just-passed $1.2 trillion Infrastructure Bill is awaiting Biden’s signature early next week. As it moves forward to be signed into law, the fate of the $1.75-plus trillion Build Better Act is now of focus.

As you find yourself in the midst of Medicare’s open enrollment period, it’s an ideal time to evaluate where you can optimize your health care benefits.

Whether you’re a first-time enrollee, or simply want to ensure you’re maximizing Medicare coverage, it’s important to understand the benefits provided through each part.

If you’re planning on retiring before you’re eligible for Medicare coverage (age 65), one major component you’ll need to account for is healthcare.

Here’s a shocker for many pre-retirees: Medicare isn’t free. Not only that, but it can often come along with unexpected costs.