Social Security & Medicare

Social Security

Develop scenarios for starting Social Security benefit, with emphasis on strategies to maximum benefits.  Explanation of how SS benefits are calculated;  how benefits can be increased;  how benefits can be decreased;  how the WEP and GPO affect benefits;  the magic and importance of Full Retirement Age; common mistakes in starting SS benefits.


Explain the intricacies of Medicare :  Parts A-B-C-D;  does Medicare cover everything;  when to enroll in Medicare, especially if working past age 65;  major differences in Medigap plans and Advantage Plans;  common mistakes in Medicare.  Also, emphasis is on the inter-relationships between Medicare, IRMAA, Health Savings Account, RMDs and tax strategies.