FYI: (I will link episode as soon as it becomes available, early Saturday morning.)
Regards,
Ted
December 21, 2017
Dear WEALTHTRACK Subscriber,
Not knowing and following the rules for Medicare and Social Security can cost you big time which is why we are revisiting the two key entitlement programs with experts in navigating each.
By one estimate, 95% of Medicare recipients overpay for their coverage and there is evidence that many Social Security recipients are not taking full advantage of that program and are actually leaving money on the table.
Our guests on WEALTHTRACK this week have devoted most of their careers to changing that equation, and helping Americans maximize both sets of benefits. Mary Beth Franklin is Contributing Editor at InvestmentNews, a leading publication for financial advisors. She is a certified Financial Planner, an award winning personal finance journalist and a recognized expert on Social Security. The revised edition of her ebook, “Maximizing Your Social Security Retirement Benefits” was recently published.
Katy Votava is Founder and President of GOODCARE.com, a healthcare consulting firm for individuals, small businesses and financial planners. She is a registered nurse with a PhD in health economics and nursing. She is also a regular columnist for InvestmentNews and the author of the book, Making The Most of Medicare, A Guide for Baby Boomers.
Both believe now is an important time to revisit the programs because there have been some significant changes in each that occurred during the Obama years but are taking effect now.
As for the huge $1.5 trillion tax cut package just passed by Congress, Franklin and Votava say it has no material effect on either program.
The legislation has a huge impact on most individual tax payers however, which in some cases calls for taking action before year end. We discuss the changes with Franklin this week in a web EXTRA interview.
As always, we welcome your feedback on Facebook, Twitter or via the Contact Us link on our website. We read all of your comments.
Also this week, especially for WEALTHTRACK viewers, Katy Votava is offering a 20% discount code for purchases of the 4th edition digital version of Making the Most of Medicare: A Guide for Baby Boomers. Click here to purchase, and enter the discount code WT20.
Thank you for watching. Have a wonderful Christmas holiday with your loved ones, and make the week ahead a profitable and productive one!
Best Regards,
Consuelo
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