Andrew Novick, CFP, JD | 2016

7 Nov 2016

Medicare Open Enrollment for 2017

By ANovick

October 15th marked the start of the Medicare Open Enrollment period which lasts until December 7th. During this time, people 65 and older can switch to a different prescription drug plan (Part D) or Medicare Advantage program (Part C) or switch from Medicare Advantage to Original Medicare (Parts A/B). Oh joy.

1 Nov 2016

Social Security cost-of-living allowance increases for 2017 is just 0.3%

By ANovick

The Social Security Administration announced its 2017 cost-of-living adjustment will be just 0.3%. Better than nothing, but far below the historical average increase. A handful of retirees will also have to contend with increased costs for Medicare Part B.