3 Medicare Assumptions You Need to Clear Up Before Open Enrollment

Key Points Medicare open enrollment kicks off on Oct. 15. During this time, you can make changes to your Part D or Advantage plan coverage. It's important to approach this period strategically and not fall victim to misguided thinking. The $23,760 Social Security bonus most retirees completely overlook › October is a big month for retirees. It's when the Social Security Administration typically announces a cost-of-living adjustment , and it's when Medicare open enrollment begins. Medicare open enrollment runs annually from Oct. 15 through Dec. 7. During this time, current enrollees can make changes to their coverage. That could mean switching from one Part D drug plan to another or moving onto a new Medicare Advantage plan. Missed AI’s "Act 1"?