Changes to Open Enrollment

 This year during Open enrollment for MnSure we are unable to meet with folks at various library locations because of Covid. We can assist you in our office in Mora by appointment. We can also help with a phone call or if you'd like a video appointment. We are setting appointments now for Medicare Open Enrollment which starts October 15th and runs until December 7th. MnSure Open Enrollment starts November 1st and goes until December 22nd. Call 320-679-5183 or go to the website yoursafemoneyshow.com

Caregivers Act

 The U.S. Department of Veterans Affairs (VA) is about to increase the scope of its Program of Comprehensive Assistance for Family Caregivers (PCAFC) to include eligible veterans who suffered serious injury in the line of duty on or before May 7, 1975. Benefits of the program include monthly stipends, medical training and health insurance. The expansion is set to go into effect Oct. 1. Many veterans have multiple chronic health problems and that leaves them especially vulnerable to serious illness if they get Covid. There’s a push to keep vets at home and limit time at VA medical centers if at all possible, but caregivers need help. The program “saves money in the long run,” because it provides compensation to spouses, parents and other partners of severely injured veterans who would otherwise require expensive care in a facility. Caregivers also are eligible for medical benefits and training. For more information go to caregiver.va.gov

Your Safe Money Show VA expanding aid 9 26 2020

Your Safe Money Show topics for September 26th

 Coming up on the September 26th Your Safe Money Show.

The VA has expanded aid to cover caregivers for Vietnam Vets and with the virus this is coming at a crucial time, I’ll explain.

I also have results of a survey on how the pandemic has affected the financial lives of average Americans.

And we’ve talked in the past about moving in retirement, but for the show we’ll talk about the reasons NOT to move in retirement.

Listen at 95.5 FM KBEK. They stream live at kbek.com.

Hear recent shows at the podcast page at yoursafemoneyshow.com.

Your Guide to Retirement Benefits

 When did Social Security start?

The Social Security Act was signed by FDR on 8/14/35. Taxes were collected for the first time in January 1937 and the first one-time, lump-sum payments were made that same month. Regular ongoing monthly benefits started in January 1940.

"When" you decide to take your Social Security benefits is a big decision. We have "Your Guide to Retirement Benefits", it has answers to many of the common questions regarding Social Security. For your free copy call 320 679 5183 or ask at the website yoursafemoneyshow.com.

Medicare Open Enrollment

 Were less than a month away from open enrollment for Medicare and Part D prescription drug coverage, which starts October 15th and runs through December 7th. Why is this important, well having the right coverage for you and your situation is key and you might actually save money depending on what plan fits you best. Changes you can make include swapping from original Medicare (Part A hospital insurance and Part B medical coverage) to a private Medicare Advantage plan. You can also switch from one Medicare Advantage plan to another, as well as join a prescription drug plan. There are many options with Medicare and your health concerns and drugs you take, have to be considered so you get the best plan for your particular circumstances, and that's why there's open enrollment each year.

Call for an appointment at 320-679-5183 or go to our website yoursafemoneyshow.com.

Your Safe Money Show Retirement Security 9 19 2020