Are you ready for the changes to Social Security and Medicare for 2024? Every year, the Social Security Administration announces changes to Social Security benefits as well as changes to Medicare premiums for the following year. In this article, we are going behind the scenes to help you understand how these changes are determined, as well as some other key Social Security topics that you need to be aware of.
This quick reference guide provides key Social Security numbers to help you in planning. The percentages shown here are applied to the primary insurance amount (PIA) of the worker on whose earnings record benefits are being claimed. The PIA can be found on the worker’s Social Security statement. It is an estimate of the benefit amount if claimed at full retirement age (FRA). You can obtain your latest statement by opening an account at ssa.gov/myaccount.
This quick reference guide provides concise, objective, and easy-to-understand information about Medicare and its many complexities. Each side includes critical information about insurance choices, when to apply, premiums and deductibles, and references to other resources to make healthcare planning more efficient and effective.
There are a lot of rules to remember about who signs up for Medicare and when. Use our easy-to-use guide to help you better understand the Medicare enrollment process.
If a reduction in Social Security benefits has you worried, strategizing multiple sources of income and planning ahead is key. Here are 5 ways to help fill the gap.
Are you ready for Medicare's open enrollment? Here are a few changes you can make to your health coverage during this time.