 Headlines
- Singapore Reports 41 Cases of Zika Virus
- Southwest Flight Lands Safely After Engine Malfunction
- Oil Prices Fall on Rate Jitters
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Navigating Medicare and Medigap Insurance
Most adults become eligible for Medicare on the first day of the month they turn age 65. Whether you need to sign up, and how to go about doing so,  depends on the type of coverage you select and whether you collect Social Security benefits prior to becoming eligible for Medicare.
Medicare Eligibility
If you have already started receiving Social Security benefits before your 65th birthday, you don't have to sign up for Medicare Part A or Part B. Part A is basic hospital insurance; Part B helps to pay for medically necessary services such as doctor visits or outpatient care. You automatically become eligible on the first day of the month you turn age 65.
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The Markets
U.S. Interest Rates May Be Moving Up This Year
During last Friday's speech at the Federal Reserve's annual economic  symposium in Jackson Hole, Wyoming, Fed Chairwoman Janet Yellen signaled that a rate hike is probably coming but, as usual, she didn't offer any specifics about the timing:
"...Indeed, in light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months. Of course, our decisions always depend on the degree to which incoming data continues to confirm the Committee's outlook."
More 'Market Commentary' here.
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By the Numbers
Notes: S&P 500, Gold, DJ-UBS Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized ... more important disclosure mentions found here. (We urge you to read the entire disclosure statement.)
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