Life’s Financial Journeys
Most people purchase a supplemental policy, called a Medigap plan, to help fill in the holes in Medicare Part A and B.
These Medigap insurance policies are standardized and defined by the government, but are sold and administered by private companies. What this means is coverage is the same for all companies offering Medigap insurance, but cost and service provided may differ.
Entering Retirement Tasks
1. Selecting your retirement lifestyle
2. Estimating your monthly retirement income
3. Setting up your spending plan
4. Enrolling in Social Security and Medicare
5. Managing taxes during retirement
Enrolling in Social Security and Medicare Subtasks
1. Decide when to take Social Security
2. Manage spousal Social Security benefits
3. Enroll in Medicare
4. Consider Medicare supplemental (Medigap) policy