Once you enroll in Medicare, you’re no longer eligible to put pretax funds in an HSA. You can use money already in your HSA to pay for some Medicare costs, but there’s a tax penalty if you put pretax ...
A Medicare Savings Account (MSA) plan is a type of Medicare Advantage plan. For these plans, a person pays a high deductible for a private insurance plan and also has a health savings account they use ...
Dear Toni: My Medicare starts Nov. 1, and I received my first bill, due Oct. 25, about a week ago. This bill is for three months, from Nov. 1 to Jan. 31, and it’s over $550. I currently have more than ...
That’s when Medicare kicks in. After all, having health coverage at that point can help keep your retirement savings intact — ...
Seniors have embraced Medicare Advantage plans for their free or deeply discounted perks such as eyeglasses, dental coverage, gym memberships, and reimbursements for — not joking — golf clubs and ...