Retirement Planning

Medicare is a federal health insurance scheme designed primarily for individuals aged 65 and above. It's also accessible to some individuals under 65 who have disabilities, as well as those suffering from end-stage renal disease (ESRD)—a condition of permanent kidney failure that necessitates dialysis or a transplant. Medicare encompasses various segments that cater to distinct medical needs, including hospitalization, physician services, and prescription medications. For a detailed understanding of what Medicare Parts A, B, C, and D offer, continue reading below.

SOCIAL SECURITY

How can I Optimize my Social Security to get the most out of my Retirement Income?

Every day, over 10,000 Baby Boomers step into retirement, facing pivotal questions: When is the optimal time to start Social Security benefits? Is it advisable to collect Social Security while still employed? What additional benefits might I qualify for? How will healthcare expenses impact my retirement funds? Should I start collecting Social Security at 62, wait until my full retirement age, or delay until 70? These inquiries don't have universal answers. With more than 700 different strategies for Social Security, making the right choice is crucial for securing a comfortable retirement.

We provide personalized consultations designed to maximize your retirement benefits through Social Security optimization. In these sessions, we'll explore various scenarios, including the decision to start benefits at 62 and accept a permanent reduction, versus waiting until 70 to increase your benefits. We'll assess the impact of taxes on your retirement income, explore eligibility for spousal benefits, and much more.

Discover how to retire comfortably and maintain the lifestyle you've diligently worked towards.

Learn how to retire with the lifestyle you’ve worked so hard to achieve.

TAX-FREE RETIREMENT ANNUITIES

What is an Annuity?

An annuity is a financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees. It's a contract between an individual and an insurance company where the individual makes a lump-sum payment or a series of payments. In return, the insurer agrees to make periodic payments to the individual at some future date. These payments can last for a fixed period, such as 10 or 20 years, or for the lifetime of the individual, providing a steady income stream in retirement.

Annuities come in various types, including:

Fixed Annuities: Provide regular, guaranteed payments.
Variable Annuities: Payments vary based on the performance of the investment options chosen.
Immediate Annuities: Begin payments shortly after the initial investment.
Deferred Annuities: Payments begin at a future date.

Annuities can be a valuable tool for retirement planning, offering benefits like income stability and tax-deferred growth. However, they can also come with fees and limitations, so it's important to understand the terms and conditions before purchasing.

Annuities are income for Life

Preparing for retirement presents a significant financial hurdle for many Americans. The decline of company pension plans, uncertainties surrounding Social Security, and the contribution caps on 401(k) and IRA plans can restrict your ability to amass sufficient savings. Annuities offer a solution by providing the advantage of tax-deferred growth, along with a stable, guaranteed income stream during retirement.

Contact Us:

Alpha Insurance Marketing LLC works with the following companies as an independent broker:

Aetna Inc., Anthem Inc., Cigna, Humana Inc., United Healthcare, and Wellcare Health Plans, Inc.

Not all plans offer all these benefits. Benefits may vary by carrier and location. Limitations, exclusions, copays, deductibles, and coinsurance may apply.

A non-government entity powered by Alpha Insurance Marketing, LLC, a health insurance agency. Extra benefits require enrollment in an MA plan and depend on whether you are eligible to enroll in an MA plan in your area. Benefits are available only in select areas. Innovative Financial Group represents Medicare Advantage HMO, PPO, PFFS, and PDP organizations that have a Medicare contract. Enrollment depends on the plan’s contract renewal.

We do not offer every plan available in your area. Currently we represent 6 carrier organizations which offer 2,352 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.

The benefits mentioned are a part of a special supplemental program for the chronically ill. Not all members qualify.

The Kroger Co. and its family of pharmacies may not be an in-network provider for all plans available from Innovative Financial Partners, LLC. Other pharmacies, physicians or providers are available in the plan’s network.

FooterPrivacy Policy

Multiplan_MSP_HPA_KRO_WEB_M