Medicare Plans
Help with Medicare is something we provide that few financial advisors provide to their clients. Once you turn 65, you’ll be bombarded with complex Medicare information and choices. At Connect Tax and Wealth Management, we are licensed to help you compare plans and choose the one that best suit your needs. We do this with you as you sign up at 65, and we analyze plan policy changes every year to help ensure you have what you need or if you need to make a switch.
And surprise, you’ll find that Medicare doesn’t cover everything. Many people getting close to retirement age make the mistake of thinking that signing up for Medicare at age 65 means they won’t have to pay for health care in retirement, only to find out that Medicare premiums are higher than they expected—and that those premiums get taken out of their Social Security checks. Not only that, but there are many, many things not covered by original Medicare, such as your deductibles and co-pays, dental, vision, hearing and the cost of prescriptions. We’ll help you plan for those costs, too.
In addition to the amount of money you will need to cover out-of-pocket expenses not covered by Medicare, you also need to know that a long-term care stay in a Medicare-approved care facility is not covered after 100 days. In the case of long-term care, most people confuse Medicare with Medicaid nursing home coverage, which requires a complete spend-down of assets to qualify—and can bankrupt a spouse or leave heirs with no inheritance at all.
At Connect Tax and Wealth Management, you don’t have to wade around alone or worry about trying to understand the complex world of Medicare, because we offer Medicare services right here in our offices to help you find the right Medicare supplemental or Medicare Advantage policy to fit your particular needs and wants. We also offer many options for long-term care insurance to help protect you. Let us provide you with complimentary information comparing multiple options. Grab your prescriptions and list of doctors, and contact us today.
Our Services
At Connect Tax and Wealth Management, we seek to provide each client with a comprehensive approach that allows you to simplify your life and make one phone call to manage almost everything related to your finances. Here are just some of the services we may provide as part of your custom financial and tax plan. Be sure to reach out to us for a complimentary conversation to discuss your life and financial goals and how we might help you reach them.
