We Can Help You Navigate
the Medicare Maze

Navigating Medicare is complex

but your path to understanding it doesn't have to be.

We demystify the process, help provide clarity and more confidence as you make important decisions about your healthcare coverage.

FAQ

How could my income affect my monthly Medicare premiums?

Your monthly Medicare premiums can be influenced by your reported income. If your income exceeds certain thresholds, you may be subject to an Income-Related Monthly Adjustment Amount (IRMAA), which means higher premiums for Medicare Parts B and D.

Do I need to sign up for Medicare Part A and B if I’m still working?

Signing up for Medicare Part A and B while still employed depends on the size of your employer. If you work for a company with fewer than 20 employees, you should sign up at 65. If your employer is larger, you may delay Part B without penalty and keep your employer’s coverage.

How can private insurance help me with the costs of Medicare?

Private insurance plans, like Medicare Supplement (Medigap) policies, can help cover some of Medicare’s out-of-pocket costs such as deductibles, coinsurance, and copayments, providing you with more comprehensive health coverage.

How do I avoid the coverage gap with Medicare Part D prescription drug plans?

To avoid the coverage gap, also known as the “donut hole,” consider choosing a Part D plan with gap coverage, using generic drugs when possible, or exploring pharmaceutical assistance programs that can help reduce your drug costs.

With personalized guidance, you can be more confident that your healthcare decisions are not just good for today, but advantageous for your future.

Navigating Medicare is complex, but your path to understanding it doesn't have to be. We demystify the process, help provide clarity and more confidence as you make important decisions about your healthcare coverage.

With personalized guidance, you can be more confident that your healthcare decisions are not just good for today, but advantageous for your future.

We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives.

Compass Retirement Group is registered as an investment advisor with the SEC and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Marvin Mitchell is an Investment Advisor Representative affiliated with Compass Retirement Solutions LLC. The advisor may not transact business in states where it is not appropriately registered, excluded or exempted from registration. Individualized responses to persons that involve either the effecting of transaction in securities, or the rendering of personalized investment advice for compensation, will not be made without registration or exemption.

We do not offer every plan available in your area. Currently we represent [ 18] organizations which offer [54] 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.

Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. None of the information contained on this website shall constitute an offer to sell or solicit any offer to buy a security or any insurance product.

Any references to protection benefits or steady and reliable income streams on this website refer only to fixed insurance products. They do not refer, in any way, to securities or investment advisory products. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by insurance company. Annuities are not FDIC insured.

The information and opinions contained in any of the material requested from this website are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. They are given for informational purposes only and are not a solicitation to buy or sell any of the products mentioned. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.