Category Archives: Medicare

Why Inflation Is Your Enemy

Everyone knows about inflation, right?  It's causes the prices of things to go up over time.  When you're in your working and saving years, this isn't a huge deal and isn't always very noticeable.  Why is that?  Because while you're working, your pay is most likely going up every year, often at a rate greater…
Read more

2016 Medicare Premiums Higher For Some

About 1 month ago, CMS (Centers For Medicare & Medicaid Services) announced the 2016 Medicare Part A and Part B services. Thanks to Congress and President Obama passing the Bipartisan Budget Act of 2015, the 52 million Americans enrolled in Medicare will either pay the same as they did in 2015, or pay less than…
Read more

Medicare Premiums Going Up In 2016

The Wall Street Journal just published this article today.  Great info about upcoming Medicare premium increased for higher income earners. Unless the U.S. Department of Health and Human Services intervenes, some Medicare beneficiaries will face a steep increase in their 2016 premiums, even as the vast majority of Medicare recipients pay no increase at all.…
Read more

401K Contribution Limit For 2013

Get ready to save some more money!  For the second year in a row, the IRS has increased the 401K contribution limit by $500.  In 2013 the 401K contribution limit will be $17,500, pre-tax.  For 2012 the limit was $17,000, pre-tax.  Of course, your 401K contributions come out of your paycheck before you have taxes taken out.  This…
Read more