News
A Nursing Home Now Costs $11, 000 a Month and Medicare Barely Covers a Dime
7+ hour, 49+ min ago (1248+ words) Let's talk about the number nobody puts in their retirement plan. Not the 401(k) balance. Not the Social Security claiming strategy. Not the tax-efficient withdrawal sequence. The number I'm talking about is $11, 294. That's the median monthly cost of a private room…...
A Big Change Is Coming to Medicare in July 2026
3+ day, 18+ hour ago (320+ words) Medicare currently only covers GLP-1s for the treatment of certain medical conditions. Beginning in July, it will cover GLP-1s for weight loss. Next year, it'll be up to each Part D plan provider to decide whether to cover GLP-1s for…...
The Medicare Penalty That Could Cost You $10, 000 -- and How to Avoid It
2+ week, 6+ day ago (293+ words) Medicare requires you to enroll the year you turn 65. Forget to enroll, and you're likely to get hit with a 10% penalty for each year you delay. There's a relatively simple solution if you miss enrollment the year you turn 65. The…...
Where Retirees Are Moving for Healthcare, Comfort, and Cost (All in One Place)
1+ mon, 6+ hour ago (481+ words) You can't have it all, but you can get pretty close if you retire in the right place. Motley Fool's Best Places to Retire report highlights Cleveland, Dallas, and Quincy as attractive locations. When you retire, you have to make…...
Still Working at 65? Here's Why You May Want to Delay Your Medicare Enrollment.
1+ mon, 20+ hour ago (184+ words) Medicare eligibility generally begins at 65. If you're still working, you may want to hold off on enrolling if you have good health coverage. That's not the only reason to wait on Medicare. Age 65 is an important milestone in the context…...
Medicare Updates: What Retirees Need to Know in March 2026
1+ mon, 2+ day ago (497+ words) Many Medicare costs are up this year. There's still time to make changes to your coverage if you're enrolled in a Medicare Advantage plan. There are millions of older Americans today who rely on Medicare for access to health coverage....
3 Costly Medicare Errors New Retirees Often Make
1+ mon, 3+ day ago (489+ words) It's important to familiarize yourself with Medicare enrollment dates. Choose your drug plan coverage carefully to avoid spending more. Take advantage of fall open enrollment each year, even if you're satisfied with your coverage. Healthcare is probably one of the…...
Americans Have Been Waiting 40 Years for This FSA Rule Change
1+ mon, 4+ day ago (431+ words) Flexible spending accounts offer important tax breaks, but there are limits on contributions. There hasn't been a permanent increase in the amount you can contribute to a dependent-care FSA since 1986. That changed in 2026, when lawmakers increased the allowable-contribution amount to…...
When I Turn 65, I Really Want to Sign Up for a Medicare Advantage Plan, but Here's Why I Won't
1+ mon, 1+ week ago (833+ words) Medicare Advantage plans tend to offer more coverage, with spending caps. Original Medicare can be augmented via "Medigap" supplemental plans. You can switch between the two options, but not without some risk. Healthcare is costly, and as we age, we…...
Medicare Paid $12. 3 Billion for These Services in 2024 & Now It's Limiting Coverage
1+ mon, 1+ week ago (307+ words) Medicare provides insurance coverage for many seniors 65 and over. Medicare paid billions to cover specific types of care for seniors in past years. New limits have now been imposed, making it harder to access 12 different medical services. Medicare provides essential…...