Can a Divorcee Still Receive Their Ex-Spouse’s Social Security Check?
Qualifying for your Divorced Spouse’s Social Security Benefits Hello Toni: Can you explain how the new rules effect one receiving Social Security benefits from a divorced spouse after the April 29th deadline? Now that the kids have grown, I am not receiving child or...
Is Your 401K Your Long Term Care Plan?
Your Savings and/or 401K Could Be Wiped Out By Long-Term Care Costs Dear Toni: Recently my 66 year old husband had a massive stroke leaving him unable to take care of himself. Because he is not working fulltime, he has qualified for Medicare with a Medicare...
Laid Off…Enrolled in Medicare… Why is My Part B Premium Over $400?
Life Changing Events That Can Lower Your Part B and Part D Premiums Dear Toni: I lost my job in December when the oil prices began to tank. I was an engineer and my 2014 income, which Medicare used to determine my Part B premium, was over $300,000. Today I received a...
America…Social Security Enrolls You for Medicare When Leaving Your Job!!
The Process to Enroll in Part B After You Have Delayed Coverage Toni: I am a 67-year-old female whose 62-year-old husband was laid off from his job of 30 years because of low oil prices. We have always been covered under my husband’s group health insurance because...
Medicare Part B Nightmare Began With Enrolling In COBRA!
Enroll in Part B when enrolling in COBRA Toni: My Medicare and Social Security nightmare began when I retired from my job, July 31 of last year and enrolled in COBRA so that I could have a knee replacement in December. I was given inaccurate information from a local...
Can a Long Term Care Illness Be Your Biggest Retirement Expense?
A long term care or chronic illness condition can be very costly Morning, Toni: I am a 68 male retiree with a wife who is turning 65 in May, 2016, and my main concern regarding retiring is how I can pay for a long term care situation without wiping out my 401K? My...
New Social Security Law Goes Into Effect May 1, 2016
New Social Security Law Goes Into Effect May 1, 2016… What Benefits are You Losing? Morning Toni: I understand I can file on my ex's Social Security benefits, and then postpone my Social Security check (file and suspend) and I could get 8% more per year on my...
NO!! Social Security Cost of Living Increase for 2016… What Happens if You Go Back to Work?
Working And Receiving Your Social Security Check Hello Toni: My husband has recently turned 65, collecting his Social Security check and is going back to work. I’ve heard that he may have to pay his Social Security check back if he earns too much, but he believes that...
Does Enrolling in a Medicare Advantage Plan with Prescription Drugs Stop the IRMAA Extra Premiums?
Medicare Advantage Plan with Prescription Drugs And IRMAA Extra Premiums Hello Toni: I received a letter from SSA telling me that my monthly Medicare Part B premium would be $48.70 higher per month (up to $170.50) due to 2014-reported income over certain levels. That...
Layoffs Predicted for 2016…
Know How to Enroll in Medicare When Losing Your Job!! Toni: I worked for a major oil service company in Fort Bend Cty and Dec.8th I was part of the 8,000 oil industry employees lay off. I turned 65 in June and only have Medicare Part A and delayed Part B because I...
Choosing The Right Medicare Supplemental Plan Can Be Extremely Stressful!
Choosing The Right Medicare Supplemental Plan Can Be Extremely Stressful! Morning Toni: When I first got Medicare, I picked a Medicare supplement plan F. Next year I was approached by an insurance agent and he talked me into plan L to save me a few bucks since...
Have Company Benefits….Do I Do Anything During Medicare Open Enrollment?
Medicare Open Enrollment When You Have Company Benefits Toni, After speaking with you yesterday, I received a call from my deceased husband’s office and was advised that my medical insurance would expire March 31, 2016. I am taking the paper which goes to Social...
E-Newsletter
