Reaching retirement age is an exciting time. You are finally able to use the benefits you have worked so hard for, for many years. Two of these benefits are Social Security and Medicare. For many, when they first start contributing, retirement is decades away and the thought of how to sign up or start using your benefits seems like forever away. It may not be anything to worry about now, but time flies, and these are things you should be looking into as you near your retirement age.
Both fortunately and unfortunately, when it comes to Medicare there is no one answer or system for everyone, in fact there are several different plans and even more drug plans. This means you can find the perfect plan for you but deciding what each plan entails can be a little tricky.
No need to fret, if you have questions there are resources in the local area that can help. One resource for Medicare is SHIP, or Senior Health Insurance Information Program. This is a volunteer health program where qualified, trained seniors who have already been through the Medicare process assist others who are trying to get signed up for the program.
In this podcast George Gillespie, a Volunteer Counselor speaks of what to look for when signing up for Medicare and how you can make the process easier on yourself. Click here to listen to the podcast. If you have more questions you can reach out to George at (712) 328-2540 or visit the SHIP website.
George will also be hosting two Welcome to Medicare sessions this year at the Council Bluffs Public Library on Aug. 30, 2018 and Nov. 29, 2018 at 6 p.m. For a full listing of other sessions in the state click here.
Right now, 9 out of 10 Americans over the age of 65 have signed up for Social Security. Social Security is not meant to be a sole retirement fund, so if you haven’t started saving this is something you must start doing right away. If you are late to the game, even a little can help.
If you have questions or need to sign up for Social Security it is recommended you reach out to your local Social Security Office. If you call and set up an appointment it will be much quicker than walking in and taking a number! You can also find more information at www.ssa.gov.
This is just some of the information discussed at this month’s Wellness Wednesday. Want to know more? Listen to the full podcast here.
Do you have more questions pertaining to the article? Reach out to us at tsbank.com or (712) 487-3000 we will be happy to answer any questions!