Medicare Part A and B only cover so much of a person's medical expenses. Sometimes there are additional out-of-pocket costs that can be sizable for someone living on a fixed income. A Medigap policy is a Medicare supplement insurance. These policies are sold by private companies, and pay for medical expenses not covered by Medicare, which are: Deductibles … [Read more...] about What Is A Medigap Policy?
Health
What Is Medicare?
If you're getting ready to bring your working or professional career to an end, you may be wondering what benefits will be available to you once you decide to make the leap into retirement. One of those benefits is Medicare. Medicare is a federal health insurance program in the United States. It provides health insurance for Americans who are 65 years of age or older. The … [Read more...] about What Is Medicare?
How To Keep FEHB When You Retire
If you are a federal employee who is about to retire, you may have heard that you'll no longer be able to receive your Federal Employee Health Benefits (FEHB) once you make the transition. However, in certain situations, you are actually allowed to keep those benefits through your retirement. In this article, we'll let you know how. How To Keep FEHB When You Retire In … [Read more...] about How To Keep FEHB When You Retire
6 Types of Insurance You Should Have After Retirement
6 Types of Insurance You Should Have After Retirement: Retirement is a game-changer in how you'll decide to spend and save your money. You're transitioning from receiving a steady paycheck from your employer to spending the savings you've built up over the years. The last thing anyone wants is more bills to pay when they're living on a fixed income. That said, insurance is … [Read more...] about 6 Types of Insurance You Should Have After Retirement
Early Retirement Health Insurance
Early Retirement Health Insurance If you're between the ages of 62 and 65 and want to retire, chances are you will not be able to be covered by Medicare just yet. You definitely do not want to experience a gap in health insurance - So what do you do? How do you pay for health insurance when you want to retire before 65? In this article, we'll explore some options that … [Read more...] about Early Retirement Health Insurance