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2024 Trustees Reports and the outlook on Social Security and Medicare

2024 Trustees Reports and the outlook on Social Security and Medicare

Earlier this month, the Social Security Board of Trustees and the Medicare Board of Trustees released annual reports on the short and long-term financial status of the health of the Social Security and Medicare Trust Funds. Under the Social Security Act, the Social...
Understanding the importance of financial literacy

Understanding the importance of financial literacy

Financial literacy has become increasingly important as the costs of everyday essentials rise alongside increasing inflation. Unfortunately, only about 57% of American adults are considered financially literate, with percentages trickling down by generation. Younger...
The Donut Hole Dilemma: Understanding Medicare Part D Coverage Gaps

The Donut Hole Dilemma: Understanding Medicare Part D Coverage Gaps

For more than 50 million Americans, a Medicare Part D plan provides prescription drug coverage. As is often the case with other Medicare options, Part D plans range in both cost and coverage, increasing the complexity when determining which plan best fits the...