Your Safe Money Show Holiday shopping and Inflation 10 29 22

October 29th Your Safe Money Show topics

 Coming up on Saturday's (October 29th) Your Safe Money Show. Todd gets the question about signing up for Medicare while you’re still working a lot, so I thought he could go over that with us . The holiday season is coming and with inflation concerns, he will have suggestions to help your bottom line. And knowing how to retire in a slowing economy takes some special skills. We'll also get into that. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at the podcast page under the Your Safe Money Show tab at yoursafemoneyshow.com.

New Guide

 Todd has a new guide all about scams. get your free copy by stopping at the office at 139 Union Street

in Mora, or at yoursafemoneyshow.com, or call 855-226-6639. 

Social Security payments

 Social Security checks are no longer mailed to most beneficiaries. You can receive your payment through two ways: Direct deposit. You can choose to have the Social Security check deposited directly into your bank or credit union account. Or Direct Express debit card. You can have the Social Security check loaded onto a debit card through the Direct Express card program. You don’t need a bank account for this setup. The card works for making purchases, paying bills or getting cash. However, there may be fees associated with some transactions. Social Security benefits are sent out the month after they are due. In other words: Social Security checks are paid in arrears, so any check received is for the month prior. Questions call 855-226-6639 or go to yoursafemoneyshow.com.

Your Safe Money Show Increased Social Security benefits 10 22 22

October 22nd Your Safe Money Show information

 On this Saturday's (October 22) Your Safe Money Show Todd will have the updated information on the COLA for Social Security benefits. Hearing aids are now being sold over the counter, what you need to know about that. And Medicare Open Enrollment what's new for 2023. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at the podcast page at yoursafemoneyshow.com.

Disclaimer with Medicare calls

 Something new you will notice when you call for a Medicare appointment with Todd.

We will let you know the call is being recorded and that Medicare requires us to give this disclaimer" We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1 800 Medicare to get information on all your options". If you have any questions feel free to ask. To make an appointment call 320-679-5183 or go to yoursafemoneyshow.com.

Your Safe Money Show Retiring Early 10 15 22

Update from Social Security and this year's COLA

 The biggest increase in Social Security benefits in four decades will deliver much-needed breathing room for millions of Social Security recipients. The Social Security Administration, the federal government agency that oversees the benefits, announced a 8.7% increase in the Social Security cost-of-living adjustment (COLA) for 2023. The increase is the largest since 1981, when the COLA was 11.2%, and raises the average retiree benefit by more than $140 per month starting in January, according to the Social Security Administration. The adjustment — coupled with a decrease in Medicare Part B premiums next year hopefully will help those receiving their benefits.

Highlights for 10-15 Your Safe money Show

 On this week's Your Safe Money Show (October 15th) we will have a gal in studio who wanted to share how she was scammed out of $15,000. She doesn't want this to happen to anyone else. Todd will also share retirement dreams people look forward to. And in early retirement how to protect your hidden retirement asset. He'll explain what that asset is. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows by going to yoursafemoneyshow.com.

Your Safe Money Show Possible RMD changes 10 8 22

October 8th topics for Your Safe Money Show

 Here's what we're planning for this Saturday's (October 8th) Your Safe Money Show. Congress is considering two bills that would make major changes to required minimum distributions. Could your RMDs be affected? We’ll find out. QCD’s: Qualified Charitable Distributions, can work great as a tax-savvy way to give but knowing the rules is crucial. And we have the update on Medicare Part B premium costs for 2023. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at yoursafemoneyshow.com.

Free credit reports information

 They announced last week that the three major credit bureaus—Equifax, Experian, and TransUnion—agreed to extend weekly, free credit reports through 2023. There had been talks of stopping those. The Fair Credit Reporting Act requires that people be given free access to their credit report from each of the three major credit bureaus just once a year. But once the pandemic began, companies offered the annual service for free on a weekly basis instead. This is good news, as we need to be checking these reports for errors that can hurt our credit scores. Unfortunately, the error rate is high enough that we need to be more diligent than ever. If you have questions go to yoursafemoneyshow.com.

Your Safe Money Show 529 plans if the child doesn't go to college 10 1 22