Medicare Enrollment For Lawyers: What You Need To Know Before 65 – Above the Law

Sarah
had
everything
figured
out.
After
35
years
of
practice,
she
retired
at
63
with
a
solid
financial
plan.
Her
portfolio
was
positioned
correctly,
her
withdrawal
strategy
was
tax-efficient,
and
she’d
even
mapped
out
her
Social
Security
claiming
strategy.

What
she
didn’t
figure
out?
Medicare
enrollment.

When
Sarah
finally
enrolled
at
65,
she
discovered
something
that
made
her
stomach
drop:
because
she’d
missed
her
Initial
Enrollment
Period
by
a
few
months,
she’d
be
paying
an
extra
$67
per
month
in
Part
B
penalties.
That’s
over
$800
annually.

Forever.

For
a
lawyer
who’d
spent
her
career
mastering
complex
legal
concepts
and
advising
clients
on
intricate
matters,
this
felt
particularly
frustrating.
I
see
variations
of
this
story
more
often
than
I’d
like
to
admit.

The
reality
is
that
Medicare
can
be
confusing
for
even
the
sharpest
of
minds.

Parts
A,
B,
C,
D.

Medigap.

IRMAA.

Enrollment
periods
that
overlap
but
have
different
rules.

Penalties
that
compound
over
time.
It’s
a
bureaucratic
maze
that
makes
tax
code
look
straightforward.

Getting
this
wrong
has
the
potential
to
cost
you
thousands
of
dollars
annually
throughout
retirement.
So
let’s
cut
through
the
confusion
and
focus
on
what
actually
matters
for
your
planning.

One
last
item
before
we
dive
in:
This
is
a
comprehensive
Medicare
guide,
and
it’s
a
lot
to
cover
in
one
sitting.
If
you’d
rather
get
the
highlights,
you
can
subscribe
to
our

Money
Meets
Law
newsletter
anytime.
We’ll
be
sharing
a
streamlined
Medicare
guide
with
subscribers
over
the
next
few
weeks.

Medicare
Basics:
The
Quick
Overview

I’ll
try
not
to
bore
you
with
a
comprehensive
Medicare
101
lesson.
You
can
read
the
government
pamphlets
if
you
want
that
level
of
detail.
Here’s
what
you
need
to
know:

Part
A
(Hospital
Insurance)
–
Usually
premium-free
if
you
worked
40+
quarters.
Covers
hospital
stays,
skilled
nursing
facilities,
hospice
care.

Part
B
(Medical
Insurance)
–
Requires
a
monthly
premium
(standard
is
$202.90
in
2026,
but
we’ll
talk
about
why
you
might
pay
much
more).
Covers
doctor
visits,
outpatient
care,
preventive
services.

Part
D
(Prescription
Drug
Coverage)
–
Separate
drug
coverage
with
multiple
plan
options.
You
choose
a
private
insurer’s
plan.

Part
C
(Medicare
Advantage)
–
An
alternative
to
Original
Medicare
that
bundles
A+B+D
through
private
insurers.
Think
of
it
as
Medicare
through
an
HMO
or
PPO.

Medigap
(Medicare
Supplement
Insurance)
–
Fills
coverage
gaps
in
Original
Medicare.
These
are
standardized
plans
sold
by
private
insurers.

The
fundamental
decision
you’ll
make:
Original
Medicare
(Parts
A+B)
+
Medigap
+
Part
D,
OR
Medicare
Advantage
(Part
C).
We’ll
get
to
which
makes
sense
for
you
shortly.

But
first,
let’s
talk
about
timing
—
because
this
is
where
uninformed
lawyers
make
expensive
mistakes.

The
Critical
Enrollment
Periods
(Where
Mistakes
Happen)

Initial
Enrollment
Period
(IEP)

Your
Initial
Enrollment
Period
is
a
7-month
window:
the
three
months
before
your
65th
birthday
month,
your
birthday
month
itself,
and
the
three
months
after.

Let’s
say
you
turn
65
in
June.
Your
IEP
runs
from
March
1st
through
September
30th.

Enrolling
during
the
first
three
months
of
your
IEP
means
your
coverage
starts
on
the
first
day
of
your
birthday
month.
Waiting
until
your
birthday
month
or
after
can
delay
when
your
coverage
begins.

If
you
miss
this
window
entirely
—
that’s
when
you
trigger
the
permanent
penalties
Sarah
faced.
For
every
12-month
period
you
could
have
had
Part
B
but
didn’t
enroll,
you
pay
an
extra
10%
on
your
Part
B
premium.
Forever.

The
Part
B
penalty
might
not
sound
devastating
at
first
—
10%
of
$202
is
only
about
$20
monthly.
But
remember,
Medicare
premiums
increase
over
time.
That
10%
penalty
grows
with
every
premium
increase
for
the
rest
of
your
life.
Over
a
25-year
retirement,
we’re
talking
thousands
of
dollars
in
unnecessary
costs.

Special
Enrollment
Period
(SEP)
–
The
Working
Lawyer
Exception

If
you’re
working
past
65,
things
get
a
bit
more
nuanced:

If
you’re
still
working
AND
have
group
health
coverage
through
an
employer
with
20
or
more
employees,
you
can
typically
delay
Part
B
enrollment
without
penalty.
When
you
finally
retire,
you
get
an
8-month
Special
Enrollment
Period
to
sign
up.

But
—
and
this
is
critical
—
solo
practitioners
and
lawyers
in
small
firms
need
to
pay
attention.
If
your
firm
has
fewer
than
20
employees,
your
group
coverage
likely
doesn’t
count
as
“creditable
coverage”
for
delaying
Medicare
enrollment.
You
might
need
to
enroll
at
65
regardless
of
your
employer
coverage.

Let’s
look
at
an
example
of
how
this
may
play
out.
A
retiring
lawyer
elects
COBRA,
assuming
it
will
neatly
bridge
the
gap
to
Medicare
at
65.
COBRA
can
be
helpful
for
that
purpose
if
you
retire
at
or
before
65.
But
because
it’s
continuation
of
employer
coverage,
some
retirees
assume
it
also
counts
as
creditable
coverage
for
delaying
Medicare
Part
B.
It
doesn’t.
That
misunderstanding
often
isn’t
discovered
until
later
—
when
penalties
show
up
and
the
“strategy”
turns
out
to
be
an
expensive
mistake.

If
you’re
working
past
65,
get
a
certificate
of
creditable
coverage
from
your
insurer.
Keep
this
documentation.
You’ll
need
proof
that
your
delay
was
legitimate.

The
Part
D
Prescription
Drug
Trap

Even
when
delaying
Medicare
Part
B
is
appropriate
due
to
employer-sponsored
health
coverage,
Part
D
may
still
be
necessary
if
that
plan
does
not
offer
creditable
prescription
drug
coverage.

Going
without
creditable
prescription
drug
coverage
for
63
consecutive
days
or
longer
triggers
a
permanent
penalty:
1%
of
the
national
base
beneficiary
premium
for
every
month
you
went
without
coverage.

This
penalty
might
seem
small
initially
—
we’re
talking
a
few
dollars
per
month.
But
like
the
Part
B
penalty,
it’s
permanent
and
grows
with
premium
increases
over
time.

Calculation
Example:

Number
of
months
without
coverage
×
1%
×
current
year’s
national
base
premium
=
your
monthly
penalty.

And
yes,
this
compounds.
If
you
miss
Medicare
Part
D
enrollment
for
2
years,
you’re
paying
roughly
24%
more
than
the
standard
premium.
Forever.

The
IRMAA
Problem
(Common
with
Lawyers)

IRMAA
stands
for
Income-Related
Monthly
Adjustment
Amount.
It’s
Medicare’s
way
of
saying,
“You
made
good
money,
so
you’re
going
to
pay
more
for
coverage.”

The
Two-Year
Look-Back

Your
2026
Medicare
premiums
are
based
on
your
2024
Modified
Adjusted
Gross
Income
(MAGI)
from
your
tax
return.
This
two-year
look-back
creates
a
unique
problem
for
a
retiring
lawyer.
Your
high-earning
years
as
a
practicing
attorney
directly
affect
your
early
retirement
Medicare
costs.

Let
me
show
you
what
this
looks
like
in
2026
for
married
couples
filing
jointly.

If
your
2024
MAGI
was:

MAGI Range	Part B Monthly Premium	Part D Monthly Surcharge
≤ $218,000	$202.90	$0
$218,001 – $274,000	$284.10	$14.50
$274,001 – $342,000	$405.80	$37.50
$342,001 – $410,000	$527.50	$60.40
$410,001 – $749,999	$649.20	$83.30
> $750,000	$689.90	$91.00

For
single
filers,
these
thresholds
are
roughly
half.

Notice
the
jump
from
the
standard
$202.90
premium
to
$284.10
once
you
cross
$218,000
in
MAGI.
That’s
an
extra
$974
annually
per
person.
For
a
married
couple,
you’re
looking
at
an
additional
$1,948
per
year
just
for
crossing
that
first
threshold.

The
Roth
Conversion
Conflict

For
those
that
follow
my
work,
you
know
that
I
often
write
about

tax-smart
Roth
conversions
as
a
potential
means
of
lowering
lifetime
taxes
within
tax-deferred
accounts.
But
as
it
relates
to
Medicare
premiums,
these
conversions

can
increase
them.

They
count
as
income
for
IRMAA
purposes.

This
creates
a
genuine
planning
dilemma.
You
might
execute
a
Roth
conversion
in
2024
that
saves
you
thousands
in
taxes
over
your
lifetime.
But
two
years
later,
in
2026,
that
conversion
income
could
push
you
into
a
higher
IRMAA
bracket,
increasing
your
Medicare
premiums
for
that
year.

This
doesn’t
mean
you
shouldn’t
do
Roth
conversions.
It
just
means
you
need
to
be
strategic
about
the
timing
and
size
of
your
conversions,
especially
in
the
years
immediately
before
Medicare
enrollment.

The
window
between
retirement
and
age
65
might
be
your
best
opportunity
for
larger
Roth
conversions
—
you’re
no
longer
earning
W-2
income,
but
you’re
not
yet
subject
to
IRMAA
surcharges.

Life-Changing
Event
Appeals

There
is
good
news:
you
can
appeal
your
IRMAA
determination
if
you’ve
experienced
a
“life-changing
event”
that
reduced
your
income.

Qualifying
events
include:

• Marriage
• Divorce
  or
  annulment
• Death
  of
  a
  spouse
• Work
  stoppage
  or
  reduction
• Loss
  of
  income
  from
  income-producing
  property
• Loss
  or
  reduction
  of
  certain
  kinds
  of
  pension
  income

“I
retired”
absolutely
counts
as
a
life-changing
event.

If
you
retire
in
2024
and
your
income
drops
significantly,
you
can
file

Form
SSA-44
to
request
a
reduction
in
your
2026
IRMAA.
You’ll
need
documentation
showing
the
life-changing
event
and
your
new
expected
income.

This
is
one
area
where
being
proactive
pays
off.
Don’t
just
accept
the
IRMAA
bill—if
your
circumstances
changed,
file
the
appeal.

Medicare
Advantage
vs.
Medigap:
The
Real
Decision

This
is
the
choice
that
actually
matters
for
your
long-term
retirement
healthcare
strategy,
and
there’s
no
universal
right
answer.
The
decision
depends
on
your
health
status,
travel
habits,
risk
tolerance,
and
how
you
think
about
insurance
generally.

Medicare
Advantage
(Part
C)

Medicare
Advantage
plans
are
offered
by
private
insurers
and
replace
Original
Medicare
entirely.
Think
of
them
as
Medicare
delivered
through
an
HMO
or
PPO
structure.

The
upside:

• Lower
  monthly
  premiums
  (many
  plans
  are
  $0
  premium)
• Built-in
  maximum
  out-of-pocket
  limits
  (Original
  Medicare
  has
  no
  cap)
• Often
  includes
  extra
  benefits
  like
  dental,
  vision,
  hearing
• Prescription
  drug
  coverage
  typically
  included
• One
  card,
  one
  plan,
  simpler
  administration

The
downside:

• Network
  restrictions
  —
  you’re
  limited
  to
  certain
  doctors
  and
  hospitals
• Prior
  authorization
  requirements
  for
  certain
  services
• Plans
  can
  change
  benefits
  and
  networks
  annually
• Less
  flexibility
  if
  you
  travel
  frequently
  or
  split
  time
  between
  locations
• May
  have
  copays
  for
  each
  service

Medicare
Advantage
is
a
good
fit
for
lawyers
who:

• Are
  comfortable
  with
  managed
  care
  and
  network
  restrictions
• Primarily
  stay
  in
  one
  geographic
  area
• Want
  predictable,
  lower
  monthly
  costs
• Don’t
  mind
  navigating
  prior
  authorization
  processes
• Are
  generally
  healthy
  and
  don’t
  anticipate
  frequent
  specialist
  visits

Original
Medicare
+
Medigap

This
is
the
traditional
approach:
Original
Medicare
(Parts
A
and
B)
plus
a
supplemental
Medigap
policy
to
fill
coverage
gaps,
plus
a
standalone
Part
D
prescription
drug
plan.

The
upside:

• Complete
  freedom
  to
  see
  any
  doctor
  or
  specialist
  who
  accepts
  Medicare
  (which
  is
  most
  of
  them)
• No
  referrals
  needed
  for
  specialists
• No
  network
  restrictions
  —
  perfect
  if
  you
  travel
  or
  maintain
  multiple
  residences
• Coverage
  is
  consistent
  and
  doesn’t
  change
  annually
• More
  predictable
  costs
  once
  you
  know
  your
  premiums

The
downside:

• Higher
  monthly
  premiums
  (Medigap
  policies
  typically
  cost
  $150-$350+
  monthly
  depending
  on
  location
  and
  plan)
• No
  built-in
  out-of-pocket
  maximum
  (though
  Medigap
  covers
  most
  costs)
• Three
  separate
  pieces
  to
  coordinate
  (Medicare,
  Medigap,
  Part
  D)
• Slightly
  more
  administrative
  complexity

Original
Medicare
+
Medigap
is
a
good
fit
for
lawyers
who:

• Travel
  frequently
  or
  maintain
  residences
  in
  multiple
  locations
• Want
  maximum
  flexibility
  in
  choosing
  providers
• Have
  complex
  health
  conditions
  requiring
  multiple
  specialists
• Prefer
  predictable
  costs
  and
  comprehensive
  coverage
• Can
  afford
  higher
  monthly
  premiums
  for
  peace
  of
  mind

The
Medigap
Underwriting
Window
(Critical
Timing)

You
have
a
6-month
Medigap
open
enrollment
period
that
begins
the
first
month
you’re
both
65
or
older
AND
enrolled
in
Medicare
Part
B.

During
this
window,
insurance
companies
cannot:

• Deny
  you
  coverage
  based
  on
  health
  conditions
• Charge
  you
  more
  due
  to
  pre-existing
  conditions
• Make
  you
  wait
  for
  coverage
  of
  pre-existing
  conditions

If
you
miss
this
window,
insurers
in
most
states
can
use
medical
underwriting.
If
you’ve
developed
health
issues,
you
might
face:

• Coverage
  denial
• Significantly
  higher
  premiums
• Exclusions
  for
  pre-existing
  conditions
• Waiting
  periods

This
is
why
the
“I’ll
just
start
with
Medicare
Advantage
and
switch
to
Medigap
later
if
I
don’t
like
it”
strategy
can
backfire.
You
might
not
be
able
to
get
Medigap
coverage
later,
or
you’ll
pay
substantially
more
for
it.

If
you’re
on
the
fence,
my
advice
is
to
start
with
Medigap
during
your
guaranteed
issue
period.
You
can
always
switch
to
Medicare
Advantage
later
without
underwriting.
But
going
the
other
direction
gets
complicated.

The
most
popular
Medigap
plan
is
Plan
G,
which
covers
nearly
everything
except
the
Part
B
deductible
($283
in
2026).
Plan
N
is
also
worth
considering
if
you’re
comfortable
with
small
copays
in
exchange
for
lower
premiums.

Strategic
Considerations
for
Lawyers

If
You’re
Retiring
Before
65

Retiring
before
Medicare
eligibility
creates
a
coverage
gap
you’ll
need
to
address:

COBRA
–
You
can
continue
your
employer
coverage
for
up
to
18
months.
It’s
expensive
(you
pay
the
full
premium
plus
up
to
2%
administrative
fee),
but
it
maintains
continuity
until
Medicare
enrollment
at
age
65.

ACA
Marketplace
–
Depending
on
your
state
and
income,
marketplace
plans
can
be
competitive.
If
you’re
managing
your
taxable
income
strategically
in
early
retirement,
you
might
qualify
for
subsidies.

Spouse’s
Coverage
–
If
your
spouse
is
still
working
with
good
employer
coverage,
this
might
be
your
best
option.

Part-Time
Work
–
Some
firms
offer
continued
health
benefits
for
of-counsel
or
part-time
attorneys.
This
could
be
valuable
if
you’re
pursuing
a
phased
retirement.

The
key
is
ensuring
you
don’t
have
a
gap
in
creditable
coverage
that
triggers
Medicare
penalties
later.

If
You’re
Working
Past
65

First,
confirm
your
coverage
is
actually
creditable.
Ask
your
HR
department
(or
your
own
records
if
you’re
self-employed)
for
a
certificate
of
creditable
coverage.
You’ll
need
this
documentation
when
you
eventually
enroll
in
Medicare.

For
small
firm
owners
and
solo
practitioners:
You
probably
need
to
enroll
in
Medicare
at
65
even
if
you’re
still
working.
The
employer
size
matters
for
creditable
coverage,
and
self-employed
coverage
typically
doesn’t
qualify.

For
partners
in
larger
firms:
Verify
that
your
partnership
insurance
actually
counts
as
group
coverage.
Some
partnership
arrangements
are
structured
in
ways
that
don’t
meet
Medicare’s
definition
of
employer
group
coverage.

Keep
detailed
records.
When
you
eventually
enroll
during
your
Special
Enrollment
Period,
you’ll
need
to
prove
your
delay
was
legitimate
to
avoid
penalties.

Coordination
with
Health
Savings
Accounts

If
you’ve
been
using
an
HSA
as
part
of
your
retirement
strategy,
enrolling
in
Medicare
ends
your
ability
to
contribute.

This
can
get
tricky.
Medicare
Part
A
coverage
is
retroactive
up
to
six
months
from
when
you
apply
(or
back
to
when
you
first
became
eligible,
whichever
is
shorter).

This
means
you
should
stop
HSA
contributions
six
months
before
you
plan
to
enroll
in
Medicare
to
avoid
an
IRS
penalty
for
contributing
to
an
HSA
while
covered
by
Medicare.

But
don’t
worry,
you
can
still
withdraw
from
your
existing
HSA
tax-free
for
qualified
medical
expenses,
even
after
enrolling
in
Medicare.
Many
retirees
effectively
use
their
HSA
as
a
tax-free
healthcare
ATM
throughout
retirement.

Geographic
Considerations

Medigap
premiums
vary
significantly
by
location.
The
same
Plan
G
policy
might
cost
$180
monthly
in
one
state
and
$280
in
another.

Medicare
Advantage
plan
availability
and
quality
also
differs
dramatically
by
county.
Some
areas
have
excellent
MA
plans
with
broad
networks;
others
have
limited
options.

If
you’re
considering
relocation
in
retirement
—
perhaps
moving
to
a
lower
cost-of-living
area
or
closer
to
family
—
factor
Medicare
costs
and
plan
availability
into
your
decision.
This
is
one
of
those
details
that
seems
minor
until
you’re
locked
into
expensive
coverage.

Common
Mistakes
I
See
Lawyers
Make

1.
Assuming
they
can
“figure
it
out
later”
 Medicare
has
strict
deadlines
and
permanent
penalties.
This
isn’t
an
area
where
you
can
afford
to
procrastinate.
Start
researching
at
least
a
year
before
you
turn
65.

2.
Treating
Medicare
like
employer
insurance
 Medicare
is
fundamentally
different.
The
enrollment
rules,
coverage
options,
and
costs
operate
on
completely
different
principles
than
the
employer
insurance
you’ve
had
your
entire
career.

3.
Not
accounting
for
IRMAA
in
Roth
conversion
planning
 Those
tax-efficient
Roth
conversions
can
trigger
higher
Medicare
premiums
two
years
later.
You
need
to
coordinate
your
tax
planning
with
your
Medicare
timeline.

4.
Enrolling
in
Part
A
while
still
contributing
to
an
HSA
 This
is
an
IRS
violation
that
can
result
in
penalties
and
taxes
on
your
HSA
contributions.
Stop
contributing
six
months
before
enrolling.

5.
Choosing
Medicare
Advantage
without
understanding
network
restrictions
 The
$0
premium
looks
attractive
until
you’re
traveling
and
need
care
outside
your
network,
or
you
want
to
see
a
specialist
who
isn’t
in-network.

6.
Missing
the
Medigap
underwriting
window
 Health
issues
can
develop
quickly.
If
you
miss
your
guaranteed
issue
period,
you
might
not
be
able
to
get
Medigap
coverage
later
—
or
you’ll
pay
significantly
more
for
it.

7.
Forgetting
about
Part
D
 Even
if
you
don’t
take
many
prescriptions
now,
you
still
need
creditable
drug
coverage
to
avoid
permanent
penalties.
Your
medication
needs
will
likely
increase
as
you
age.

Your
Action
Timeline

Three
Years
Before
65

• Understand
  how
  your
  current
  financial
  strategy
  (Roth
  conversions,
  income
  timing)
  will
  affect
  IRMAA
• Maximize
  HSA
  contributions
  while
  you
  still
  can
  —
  this
  is
  your
  last
  window
• Research
  Medigap
  premiums
  in
  your
  area
  to
  understand
  what
  you’ll
  be
  paying
• If
  you’re
  planning
  to
  relocate
  in
  retirement,
  factor
  Medicare
  costs
  into
  your
  decision

One
Year
Before
65

• Get
  certificate
  of
  creditable
  coverage
  if
  you’re
  planning
  to
  delay
  enrollment
  past
  65
• Estimate
  your
  Modified
  AGI
  for
  IRMAA
  planning
  —
  look
  at
  your
  projected
  income
  two
  years
  post-retirement
• Review
  your
  prescription
  drug
  needs
  to
  help
  with
  Part
  D
  plan
  selection
• Decide
  between
  Medicare
  Advantage
  and
  Original
  Medicare
  +
  Medigap
• If
  choosing
  Medigap,
  research
  which
  plan
  (Ex.
  G
  vs.
  N)
  makes
  sense
  for
  your
  situation
• Set
  calendar
  reminder
  to
  stop
  HSA
  contributions
  if
  enrolling
  in
  Part
  A
  (six
  months
  before)

Three
Months
Before
65

• Enroll
  during
  your
  Initial
  Enrollment
  Period
  —
  don’t
  wait
  until
  the
  last
  minute
• Stop
  HSA
  contributions
  if
  enrolling
  in
  Part
  A
  (six
  months
  before
  to
  be
  safe)
• Finalize
  your
  Medicare
  Advantage
  plan
  selection
  or
  choose
  your
  Medigap
  +
  Part
  D
  combination
• Set
  up
  automatic
  premium
  payments
  to
  avoid
  coverage
  lapses

At
65

• Confirm
  your
  coverage
  started
  and
  you
  have
  your
  Medicare
  card
• Keep
  documentation
  of
  all
  enrollment
  confirmations
• Set
  calendar
  reminders
  for
  Annual
  Enrollment
  Period
  (October
  15
  –
  December
  7)
  to
  review
  your
  coverage
• File
  IRMAA
  appeal
  if
  your
  income
  dropped
  due
  to
  retirement

Ongoing

• Review
  your
  coverage
  annually
  during
  the
  Annual
  Enrollment
  Period
• Monitor
  your
  prescription
  drug
  needs—your
  Part
  D
  plan
  might
  need
  adjustment
• Keep
  track
  of
  IRMAA
  brackets
  if
  your
  income
  is
  near
  a
  threshold
• Reassess
  Medicare
  Advantage
  vs.
  Medigap
  if
  your
  health
  or
  travel
  situation
  changes
  significantly

The
Bottom
Line

Medicare
planning
isn’t
sexy.
It
doesn’t
have
the
same
appeal
as
discussing
investment
returns,
Roth
conversions,
or
tax
optimization
strategies.
But
getting
this
wrong
can
cost
you
thousands
of
dollars
annually
throughout
retirement
—
money
that
could
fund
travel,
hobbies,
or
time
with
family.

The
good
news
is
that
unlike
some
aspects
of
retirement
planning,
Medicare
has
clear
rules
and
definite
deadlines.
You
just
need
to
understand
what
they
are
and
plan
accordingly.

Start
researching
now,
even
if
you’re
still
several
years
from
65.
Understand
the
enrollment
periods,
decide
between
Medicare
Advantage
and
Medigap
during
your
guaranteed
issue
window,
coordinate
with
your
HSA
strategy,
and
plan
for
IRMAA
if
you’re
a
higher
earner.

If
you
found
this
Medicare
breakdown
helpful,
you’ll
love
my
weekly
newsletter

Money
Meets
Law.
It’s
designed
for
lawyers
who
want
thoughtful,
no-nonsense
guidance
on
retirement,
tax,
and
investment
planning
decisions
that
actually
matter.

Over
the
next
few
weeks,
we’ll
be
offering
subscribers
a
curated
Medicare
guide
that
brings
all
of
this
information
together
in
one
clean,
organized
resource
—
plus
ongoing
insights
each
week.

You
can
opt-in
(or
out)
at
any
time
here.

Additional
Resources:

Medicare.gov

AARP
Medicare

Medicare
And
You
Book

New
York
Times:
Medicare’s
Private
Option
is
Gaining
Popularity,
and
Critics

DISCLOSURE:

The
information
in
this
article
is
not
intended
as
tax,
accounting,
retirement
or
legal
advice,
as
an
offer
or
solicitation
of
an
offer
to
buy
or
sell,
or
as
an
endorsement
of
any
company,
security,
fund,
or
other
securities
or
non-securities
offering.
This
information
should
not
be
relied
upon
as
the
sole
factor
in
an
investment
making
decision
or
your
decision
to
retire.
Medicare
rules
and
premiums
change
annually;
consult
Medicare.gov
or
a
licensed
insurance
agent
for
current
information.

---

David
Hunter,
CFP®
is
a
CERTIFIED
FINANCIAL
PLANNER™
and
owner
of First
Light
Wealth,
LLC,
a
financial
planning
&
wealth
management
firm
with
a
unique
focus
on
serving
attorneys
nationwide.
David
has
over
a
decade
of
experience
helping
clients
build
financial
plans
and
has
been
featured
in
publications
such
as
Attorney
at
Work,
ThinkAdvisor,
MarketWatch,
Financial
Planning,
and
InvestmentNews.
David
also
writes
weekly
to
attorneys
in
his
popular Money
Meets
Law newsletter.
For
more
about
David,
visit firstlightwealth.com/lawyers or
connect
with
him
on LinkedIn.