Information and resources for individuals 65+.
You can start your Social Security retirement benefits as early as age 62 or as late as age 70. Your monthly benefit amount will be different depending on the age you start receiving it. If you choose to: A. Start your benefits early, they will be reduced based on the number of months you receive … Continue reading Social Security
Your required minimum distribution is the minimum amount you must withdraw from your account each year. You generally have to start taking withdrawals from your IRA or retirement plan account when you reach age 70½. Roth IRAs do not require withdrawals until after the death of the owner. You can withdraw more than the minimum … Continue reading Required Minimum Distributions – RMD
A Medicare supplement (Medigap) insurance, sold by private companies, can help pay some of the health care costs that original Medicare does not cover, like copayments, coinsurance, and deductibles. Some Medigap policies also offer coverage for services that original Medicare does not cover, like medical care when you travel outside the U.S. If you have … Continue reading Medicare Supplement (Medigap) Insurance