Try this free online calculator to see if in the long run Roth conversions are good for you. Everyone's situation is different. However, I was amazed on the results for my own situation. I will be doing conversions up to the top of the 24% bracket.
If your husband stays on his employer health care coverage after age 65, be sure his drug plan is a creditable plan. Not all employer plans are creditable. If not, he will pay a life time penalty when he eventually does sign up for medicare drug plan. Here is a link to an article that explains it. https://www.mybenefitadvisor.com/articles/compliance/2024/q3/2025-part-d-changes-and-employer-sponsored-group-health-plans/ When the time comes that he signs up for Medicare, he will have to provide proof that his employer drug plan was creditable. This is really no big deal, but you will need to do it. Upon request, his health insurance company would send you a form showing they are a creditable drug plan.
Comments
Not true. My husband's went down!! Each plan has different drug prices. You really should give it a review on the Medicare.gov website.
Post: Social Security COLA announced this morning.
Link to comment from October 24, 2025
You may want to consider changing your Part D plan. It is easy to do. Here is a YouTube video showing how.
Post: Social Security COLA announced this morning.
Link to comment from October 24, 2025
Try this free online calculator to see if in the long run Roth conversions are good for you. Everyone's situation is different. However, I was amazed on the results for my own situation. I will be doing conversions up to the top of the 24% bracket.
Post: Contrarian Thinking About Roth Conversions
Link to comment from October 19, 2025
If your husband stays on his employer health care coverage after age 65, be sure his drug plan is a creditable plan. Not all employer plans are creditable. If not, he will pay a life time penalty when he eventually does sign up for medicare drug plan. Here is a link to an article that explains it. https://www.mybenefitadvisor.com/articles/compliance/2024/q3/2025-part-d-changes-and-employer-sponsored-group-health-plans/ When the time comes that he signs up for Medicare, he will have to provide proof that his employer drug plan was creditable. This is really no big deal, but you will need to do it. Upon request, his health insurance company would send you a form showing they are a creditable drug plan.
Post: Husband will still be working at 65, delay taking Medicare?
Link to comment from February 9, 2025