Jerry’s wife, Deb, fell on their concrete patio, and she was rushed to the hospital. She had a nasty bump on her head, a few cuts, and a broken rib. She spent 5 days in the hospital, and was then discharged to a skilled rehab facility. They worked with her for several weeks, and then out of the blue, Jerry got a letter in the mail. And it wasn’t just any letter – it was a bill for $24,000. How could this be? Doesn’t Medicare cover Deb’s medical bills?

Medicare Part D, or your prescription drug coverage, isn’t mandatory to have, but if you choose not to sign up for Part D, you’ll face a penalty. Here's how that penalty works.

Is Medicare mandatory? We're tackling some of the most frequently asked questions by seniors. Learn about what happens when you turn 65 and which parts of Medicare are considered mandatory.

The thought of writing of will can be daunting. And if you've finished yours already, what happens if you need to make a change? And is your will legally binding? If you have questions about writing a will, we have answers.

We’ve put together 8 New Year’s Resolutions that are realistic. From taking advantage of Medicare’s free exams to double-checking your will, these 8 resolutions will make sure that your health and financial well-being are safe and secure.