- Medicare – Know the Basics
- Where to Start?
Medicare is likely to come up in conversation. In fact, retirees' most commonly selected retirement threat is reduced Medicare benefits.1
It's important to discuss Medicare as part of retirement planning, but it is an individual decision and contains lots of details. We suggest you:
- Offer basic knowledge.
- Direct clients to other resources.
These are the basic and most important topics:
- When and how to enroll.
- Is the individual or spouse still working?
- Understanding the basic differences between Parts A, B, C, and D.
- Why an individual would consider Medigap.
We have a 1-2-3 get started process, or use the resources below to get more in‑depth information and help your clients get the answers they need:
Medicare is complicated, so getting started may seem overwhelming. Use our tools and these three steps to kick-start the process.
Step 1 Enhance your Medicare knowledge
Access our Financial Professional Guide MM6048 (login required) for quick-hit stats highlighting the significance of Medicare in retirement planning—and a simple guide to key information and resources.
Step 2 Engage clients with easy-to-use tools
Our Quick Guide to Social Security & Medicare (MM6094) offers a big-picture view of the importance of informed decisions, and can help kick-off retirement planning.
Offer clients a simplified planning process with our Investor Guide (MM6047) to help them:
- Understand Medicare.
- Consider Options & Costs.
- Create a Plan.
Step 3 Build Your Knowledge
Visit our Medicare Blog at http://blog.principal.com/ for the latest information and tips on Medicare-related topics.
Summary of tools
- Financial Professional Guide MM6048
- Infographic MM6094
- Investor Guide MM6047
- Medicare Blog http://blog.principal.com/
Principal Funds has a vast library of materials to help you conduct a client event, call 1.800.787.1621 to get started.
1 Principal Financial Well-Being IndexSM Fourth Quarter 2011.
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