Healthcare

Medicare Enrollment: How Financial Professionals Can Help

Medicare enrollment is more than just a checkbox in your retirement planning. It’s a process that, when navigated well, can ensure your health and wealth are secure in your golden years. Here’s how a financial planner can guide you through the enrollment process, align your Medicare approach with your broader financial strategy, and provide insights that ensure you maximize your benefits. The Basics of Medicare Enrollment Medicare, the federal health insurance program for people aged 65 and older, has multiple parts: Part A (hospital insurance), Part B (medical insurance), Part C (Medicare Advantage), and Part C (prescription drug coverage). Read More

Medicare Enrollment: How Financial Professionals Can Help2023-11-06T17:31:17-07:00

Medicare Information: A Piece of the Retirement Puzzle

Retirement planning isn’t complete without considering healthcare, and for most Americans, that means tackling Medicare. A federal health insurance program for people age 65 or older (and for young people needing disability benefits), Medicare offers numerous plans and enrollment options, so it’s no wonder many find it one of the most daunting aspects of retirement planning. But don’t fret, our team here at Ironwood Wealth Management has put together an helpful guide to Medicare to help you navigate this critical part of your retirement journey. The free guide details the different Medicare parts and enrollment options, checklists for pre- Read More

Medicare Information: A Piece of the Retirement Puzzle2023-07-30T11:55:18-07:00

The Essential Value of Financial Advisors in Medicare Planning

Along their retirement journey, individuals often find themselves traversing Medicare’s complex terrain. The intricate regulations, continual policy changes, and significant financial impact can make selecting the optimal Medicare strategy an overwhelming task. Despite this complexity, a survey found that while one-third (33%) of retirees have a financial advisor, only a mere 2% use their advisor to help with Medicare plan selections. In other words, people may be missing the chance to work with a financial advisor who can help them make smart financial decisions, understand their Medicare needs, and ensure a financially secure retirement. In this blog, we’ll delve Read More

The Essential Value of Financial Advisors in Medicare Planning2023-07-30T11:49:35-07:00

Healthcare in Retirement: Long-Term Healthcare Insurance, Medicare, and More

At retirement age, many people start struggling to perform essential daily tasks. To get the help they need, they seek out assistance from home nurses or assisted living facilities, but the problem is their health insurance plan won’t cover the costs. Long-term care insurance was developed as a solution. By purchasing long-term care coverage, older individuals with disabilities or chronic conditions can meet their everyday needs. However, there are caveats. Here’s what you need to know about long-term care insurance and whether it’s the right option for you. Long-Term Care (LTC) Insurance: The Basics Types of care plans There are Read More

Healthcare in Retirement: Long-Term Healthcare Insurance, Medicare, and More2022-12-29T11:54:10-07:00
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