Publisher's Synopsis
Help your clients maximize their Social Security & Medicare benefits! Social Security & Medicare Facts is a one-stop guide for attorneys, CPAs, and retirement and financial planning professionals for advising on tax and policy changes affecting Social Security and Medicare. Organized in a unique and convenient question and answer format, this book helps professionals find exactly what they're looking for quickly and easily to solve clients' important planning issues in a timely manner.
This resource features:
- Contains updates for Medicare Parts A, B, C, and D
- Updates for Medicaid service and eligibility
- Updated tables for:
- AIME for Workers
- Maximum AIME for Retirement, Survivor, and Disability
- Retirement Benefits
- Survivors' benefits
- Disability Benefits
- Federal Employee Pay including locality pay
- Retirement for CSRS Employees and FERS Employees
- Federal Employees Life Insurance coverages
- Military Pay by Rank and Service
- Medicare Cost Tables
- Non-Coverage by Medicare
New in the 2023 Edition:
- Updated questions & answers on changes related to the CARES Act
- Effect of the Inflation Reduction Act on Medicare Part D and Part D Drug Costs
- Effect of the American Rescue Plan (ARP) Act on Social Security
- Economic Impact Payments
- Updated eligibility rules for Home Health Care
- Expanded coverage of Part B services
- Expanded coverage of Durable Medical Equipment coverage
- Effect of the new changes in the Stark Law on Medicare Billing
- Coverage of the Program for All-Inclusive Care for the Elderly (PACE)
- New coverage of effect of loss of citizenship/permanent resident alien status on Social Security and ability of non-resident aliens to collect
- Enhanced coverage of the impact of divorce and remarriage on Social Security eligibility and benefits
- Effect of COVID financial assistance on Social Security income
- Expanded coverage of the Government Pension Offset (GPO) and the
- Windfall Elimination Provision (WEP)
- Expanded coverage of methods for curing overpayments from Social Security and SSDI
- Expanded coverage of non-covered items and services by Medicare
- Changes in coverages under Medicare Advantage, Medicare gap policies
- and Medicare appeals
- Expanded coverage of disability benefits for Social Security, military, government, and railroad workers
- Changes in railroad worker coverage and the differences from Social Security
- Expanded coverage of Medicare appeals process
- Additional coverage of military retirement including expansion of coverage of the new blended retirement program, military disability pay, and coverage for National Guard and Reservists, including the effect of the CARES Act on the TSP program
- Additional coverage of changes in Survivor Benefit Plan - Dependency Indemnity Compensation
- 2023 inflation-adjusted numbers for Social Security and COLA increases
Topics Covered:
- Retirement and disability
- Same sex marriage
- Spousal benefits/ children's benefits
- Parental benefits
- Widower benefits
- Lump sum death benefits
- Railroad retirement
- Service member and veteran benefits
- Government employees
- Medicare and Medicaid
- And More! See the "Table of Contents" section for a full list of topics
