2024 Social Security Cost-of-Living Increase Released
According to the Social Security Administration, Social Security beneficiaries will receive a monthly benefit increase of 3.2 percent in 2024. Read more about the annual cost-of-living adjustment for Social Security benefits.
Medicare Annual Enrollment is the perfect time to share RetireMed with a friend, neighbor, or loved one who needs help with Medicare.
If they're already on Medicare, our experienced advisors can provide a free plan review so they can explore the plans available for 2024. The Annual Enrollment Period ends Dec. 7, so if they’re currently on a Medicare plan and would like to look at other options, they must contact us before the deadline.
Remember: If you’re happy with your Medicare plan, you do not need to do anything during AEP. Your plan will automatically renew for 2024.
If you have questions about your plan or would like to evaluate other plan options, contact us at 866.557.1313 or schedule a call and we’d be happy to help! Reach out to us today to ensure you’re all set before the Dec. 7 AEP deadline.
Just Announced: 2024 Medicare Part B Premium & Deductible Rates
The Centers for Medicare and Medicaid Services (CMS) recently announced that the standard monthly premium for Medicare Part B beneficiaries will be $174.70 in 2024, which is an increase compared with $164.90 in 2023. The annual deductible for all Part B enrollees will be $240 in 2024, increasing from $226 in 2023.
An Update on RetireMed’s Funds Raised for the Alzheimer’s Association
We are deeply committed to our partnership with the Miami Valley and Greater Cincinnati chapters of the Alzheimer’s Association. Each year, our company leaders and employees participate in several fundraising events to support the mission of the Alzheimer’s Association to end Alzheimer's and all other dementia. The funds raised are used to provide Alzheimer’s care and accelerate research.
OurWalk to End Alzheimer’s team raised $10,000 and RetireMed matched this amount, which brings our funds raised from the walks to $20,000! With these added funds, we are thrilled to announce our total annual donation to our local chapters is $75,000.
Recently, members of our leadership team had the honor of presenting these funds to the Miami Valley chapter of the Alzheimer’s Association at a University of Dayton men’s basketball game. Go, Flyers!
Live Webinars
Each month, our experts host live webinars to provide you with straightforward Medicare education. These brief interactive sessions are a great way to get answers to your questions as you consider your transition to Medicare or plan for coverage prior to Medicare eligibility. Be sure to share these webinars with friends or family members who may also benefit from them!
If you can’t attend one of our live webinars, our on-demand webinars are available to view at your convenience. Click here to view our list of on-demand topics.