One of the most important retirement planning decisions relates to Medicare. When someone approaches the age of 65, they are bombarded with a 130-page Medicare & You Guidebook from CMS, marketing mailers, commercials, and anecdotes from friends and family.  This can be a very stressful time, as many questions arise, such as: when do I need to sign up and what will it cost me?; what are the different “Parts”?; and, what plan is right for me?

Even if you are already enrolled in Medicare, we are approaching the Annual Enrollment Period (October 15 – December 7) which is the only time in a year you can switch a Medicare Advantage Plan or Part D Prescription Drug Plan.  Depending on where you live, there could be over 100 different combinations of Medicare Plans to choose from.  This year, there are additional variables to consider:

  • Medicare impacts from COVID-19: Changes to out-of-pocket costs, Telehealth services, enrollment flexibilities, and more.
  • Part D Senior Savings Model: Reduces copays in 2021 for certain medications for chronic conditions (e.g. Insulin).


Join Sax Wealth Advisors on Wednesday, September 30 at 10 AM as we discuss the “Top 5 Mistakes to Avoid with Medicare” with our guest speaker, Justin Lubenow from Senior Advisors, who works to provide education on Medicare, the choices available, and provide recommendations for coverage.


WEDNESDAY, SEPTEMBER 30, 2020 || 10:00AM – 11:00AM