Annual Open Enrollment & Medicare Options in Retirement

Our firm is currently hard at work conducting our second semi-annual strategy meetings with clients, serving real people just like you, and doing important planning for their retirement for income, taxes, investing, estate planning, and making important decisions such as Medicare enrollment and Social Security claiming. Therefore, we're bringing you another encore episode today in honor of Medicare Open Enrollment, which kicks off every year on October 15th and runs through December 7th. During this time you can make certain changes to various types of additional Medicare coverage such as a Medicare Advantage plan or Prescription Drug plan (Part D). Then, Cameron breaks down the different components of Medicare and additional coverage options in layman's terms. More specifically, Cameron discusses: Medicare Open Enrollment What is Medicare, and what are the main components What does Medicare pay for? What types of additional coverage are available? What are the costs? The difference between Medicare Advantage Plans (Part C) and Medicare Supplement Plans (Medigap), and some of the pros and cons of each. What factors should you consider when making coverage decisions? Resources: Get Show Notes Here Retired-ish Newsletter Sign-Up See if you're a good fit for our Free Tax-Optimized Retirement Playbook™  Key moments: (00:00) Medicare Open Enrollment 2025 (05:16) Medicare Basics and Misconceptions (07:45) Original Medicare (Parts A, B, and D) (09:13) Medicare Advantage Plans (Part C) (14:30) Costs of Medicare Advantage Plans (17:03) Medicare Supplement Plans (Medigap) (22:31) Costs and Benefits of Medigap Plans (28:27) MA vs. Medigap: Key Comparisons