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ENG2346
Ask me anything about Medicare (PFP, TAX)
Date
June 8, 2023
$49
Standard Price
This product is also available as part of the following products:
This includes sessions from the conference: Advanced Personal Financial Planning (as part of AICPA & CIMA ENGAGE 2023)
This includes sessions from AICPA & CIMA ENGAGE 2023:
This includes sessions from the conference: Tax Strategies for the High-Income Individual (as part of AICPA & CIMA ENGAGE 2023)
Fifty-seven percent of baby boomers said they had a "poor understanding" (31%) or know "almost nothing" (26%) about Medicare, according to a recent survey by Bankers Life and Casualty Company. Three-quarters of boomers (72%) did not know that most Americans on Medicare pay premiums, copays, and deductibles. One in seven thought Medicare was free. Only 14% knew that Medicare does not cover long-term care. A health care crisis is looming in this country, and it is essential for baby boomers and those who advise them to understand what they need to do to prepare for it financially.
Learning Objectives
- Understand how Medicare enrollment periods work — and what to do to avoid late-enrollment penalties
- Find out what you need to know about the differences between traditional Medicare and Medicare Advantage
- Learn how much an enrollee can expect to pay in health care costs after going onto Medicare
- Understand why most people pay too much for private insurance and how to avoid excess costs
- Better plan for higher health care costs in retirement — including the possibility of needing long-term care
Speakers
Theodore J. Sarenski, CPA/PFS, CFP, AEP, CGMA
Wealth Adviser, Sage View Advisory Group
Wealth Advisor, Stearns Financial Group
John W. Hurley, CPA/PFS, CFP
Owner, Money Reflections
Session Categories
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