Did you get a notice about a Medicare Part D late enrollment penalty, but you had creditable coverage? Medicare often assesses a Part D penalty in error when people miss an attestation or fail to submit proof of prior creditable coverage. In this guide, we’ll walk you through how to appeal your Part D penalty, […]
When the One Big Beautiful Bill became law, headlines read: “No tax on Social Security!” Certainly, a big deal for many retirees — but it is also not accurate. The law doesn’t eliminate taxes on Social Security. Instead, it creates an age-based deduction for people 65 and older. This, in turn, lowers taxable income — […]
Do you have creditable prescription drug coverage? Creditable drug coverage is expected to pay, on average, at least as much as Medicare’s standard prescription drug coverage. It could be drug coverage you get from a current or former employer or union, or from TRICARE, the Indian Health Service, or the Department of Veterans Affairs. If you don’t […]