Decisions that make Medicare insurance work for you
Choosing the right supplemental health insurance may be one of the most important decisions you make regarding your long-term health and your financial plan. When you become eligible for Medicare at age 65 or because of a disability, there are several factors to consider before making a final decision.
At Paradise Financial Partners, we offer a high level of Medicare expertise to our clients, bringing a wealth of knowledge and experience to help you navigate the maze of supplemental insurance options. Since opening our doors, we have educated hundreds of clients on the complexities and differences between Medicare options – including annual enrollment periods and any changes announced each year by the insurance companies.
Maximize your MedicareWe deliver the guidance and essential information that empowers you to make informed decisions about supplemental health insurance to include Medicare Supplements, Medicare Advantage Plans, Part D Prescription Drug Plans and Dental Insurance. Our experience has shown the right choice of a supplemental health insurance plan can make a dramatic difference in health delivery options, access and cost. Equally important is reviewing your Medicare health and drug coverage each year – to make changes if it no longer meets your needs or determine if you could lower your out-of-pocket costs. Our team strives to save you time and take the stress out of decision-making around Medicare options.
Sidestep unnecessary tax penalties
Planning for and moving into retired life comes with a variety of changes and considerations. Some of those considerations require actions you might not be aware of. We’ll work with you to ensure you’re able to navigate avoidable costs and unnecessary tax penalties. For example, you and your employer may be contributing to a health savings account which, once you have Medicare, creates an overlap that that results in a tax penalty. As your financial advisor, we deliver the guidance and support to help manage your retirement contributions and accounts to benefit your future longevity.
Please note, changes in tax laws may occur at any time and could have a substantial impact upon each person’s situation. While we are familiar with the tax provisions of the issues presented herein, as financial advisors of RJFS, we are not qualified to render advice on tax or legal matters. You should discuss tax or legal matters with the appropriate professional.