Don’t Let a Simple Medicare Mistake Create an Expensive Tax Problem Health Savings Accounts (HSAs) are one of the best tax-advantaged tools available. They offer tax-deductible contributions, tax-free growth, and tax-free withdrawals for qualified medical expenses. Unfortunately, many people approaching age 65 make costly mistakes when Medicare enters the picture. I’ve worked with many clients […]
One of the most frustrating conversations I have with retirees in Utah goes something like this: “Tyler…why did Medicare suddenly raise my premium?” Or: “I thought Medicare Part B was one price for everybody?” If your Medicare premium unexpectedly increased, there is a good chance something called IRMAA is the reason. The good news? IRMAA […]
One of the biggest misconceptions I hear from people turning 65 in Utah is this: “Once I have Medicare, I’m covered for everything… right?” I wish that were true. After helping hundreds of retirees navigate Medicare in Utah, I can tell you this: Medicare is excellent coverage—but it does not cover everything. In fact, many […]
If you’re preparing to serve a senior mission for The Church of Jesus Christ of Latter-day Saints, first of all—that’s amazing! For many couples in retirement, serving a mission is one of the most meaningful experiences of their lives. But before you pack your bags and receive your assignment, there is one major planning issue […]
Medicare Advantage plans have become extremely popular in Utah over the last several years. In fact, more than half of Medicare beneficiaries nationwide are now enrolled in Medicare Advantage plans instead of Original Medicare. () Here in Utah, Medicare Advantage growth has continued as more retirees look for: lower premiums bundled drug coverage dental, vision, […]
One of the most confusing parts of Medicare for people turning 65 in Utah is prescription drug coverage, also known as Medicare Part D. Most people assume: “A drug plan is a drug plan.” Unfortunately, that’s not true. And honestly, I’ve seen one wrong Part D plan cost people thousands of dollars more than they […]
Turning 65 and going onto Medicare can feel overwhelming. Between the nonstop mailers, television commercials, phone calls, and internet ads, many people feel confused before they even begin the process. One company says one thing, another company says something completely different, and before long, most people feel like they’re afraid of making the wrong decision. […]
If you’re turning 65 in Utah, this is probably the #1 question on your mind: “When do I actually need to sign up for Medicare?” And more importantly: “What happens if I mess this up?” After helping hundreds (if not thousands) of people here in Utah go through this process, I can tell you: 👉 […]
If you’re turning 65 in Utah or helping a loved one navigate Medicare, you’ve probably come across the term Medicare supplement (also called Medigap). But what does it actually mean—and how does it work here in Utah? After helping hundreds of clients across Utah and surrounding areas, here’s the simplest way I explain it. What […]
If you’re enrolled in a Medicare Advantage plan, you’re not stuck with it forever. You might be wondering “Should I change my Medicare Advantage plan?” Many people in Utah review and change their plan each year to make sure they’re getting the best coverage, lowest costs, and access to the right doctors. In this guide, […]
