Turning 65 And Other Medicare Information

Turning 65 And Other Medicare Information Providing information needed when deciding on medical insurance when someone is Turning 65, thinking about or needing a change in their coverages.

07/04/2025

Social Security Administration
Social Security Applauds Passage of Legislation Providing Historic Tax Relief for Seniors
The Social Security Administration (SSA) is celebrating the passage of the One Big, Beautiful Bill, a landmark piece of legislation that delivers long-awaited tax relief to millions of older Americans.

The bill ensures that nearly 90% of Social Security beneficiaries will no longer pay federal income taxes on their benefits, providing meaningful and immediate relief to seniors who have spent a lifetime contributing to our nation's economy.

“This is a historic step forward for America’s seniors,” said Social Security Commissioner Frank Bisignano. “For nearly 90 years, Social Security has been a cornerstone of economic security for older Americans. By significantly reducing the tax burden on benefits, this legislation reaffirms President Trump’s promise to protect Social Security and helps ensure that seniors can better enjoy the retirement they’ve earned."

The new law includes a provision that eliminates federal income taxes on Social Security benefits for most beneficiaries, providing relief to individuals and couples. Additionally, it provides an enhanced deduction for taxpayers aged 65 and older, ensuring that retirees can keep more of what they have earned.

Social Security remains committed to providing timely, accurate information to the public and will continue working closely with federal partners to ensure beneficiaries understand how this legislation may affect them.

10/01/2024

It's HERE!
Medicare's Annual Enrollment
Starts Today
Call 215-783-0560
For a review

09/17/2024
09/17/2024
07/30/2024

Thinking of Retiring in 2025?
Here is important information before you do it-Checklist
6-12 Months to Medicare
 Meet with Benefits Administrator or HR about Retiree Benefits
 Meet with Financial Advisor to review your plans
 Review your Social Security Statement for correctness.
4-5 Months to Medicare
 Take time to look at Medicare- what it covers- A, B, C and D- what they mean
 Check Eligibility Time Frames for coverages including Medicare Benefits
 Contact your Agent to learn about Medicare Advantage and Supplement Plans
0-3 Months to Medicare
 Enroll in Medicare Parts A and B thru Social Security
 Enroll in a Medicare Advantage or Supplement that gives you additional benefits
 Decide if you are enrolling in a Part D to avoid Late Enrollment Penalties

Questions? Call an Agent Today
Jim Malone- Licensed Insurance Agent
Senior Specialist- Medicare-Medicaid, Senior Life, Long Term Care
215-783-0560- Cell
215-643-3490- Office
Covering PA, NJ, DE, OH

Address

Philadelphia, PA

Telephone

+12157830560

Website

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