Choosing ad Medigap Plan
You’ve just turned 65 or you are about to. You have to sign up for Medicare, and maybe even a Medicare Advantage Plan. But now that you’ve reached your “golden years,” is that all the insurance you need? Well, there’s one more piece of the insurance puzzle you may want to consider - a Medigap policy. It could save you thousands in medical bills. Our host, Kingdom Advisors President Rob West has what you need to know about Medigap plans. He gives information on what exactly they are, compares Medigap to Medicare Advantage, the costs and what exactly they cover. In today’s show we also answer your questions:
• How do you budget with a variable income?
• How do you choose between a lump sum and monthly payments for a pension payout? What are the tax implications?
• What is the best way to start investing?
To ask your questions, call (800) 525-7000 or email them at firstname.lastname@example.org. Also, visit our website, moneywise.org, where you can connect with a MoneyWise Coach, purchase books, and even download free, helpful resources.
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