Grandparents, parent and granddaughter together
October 11, 2023
Written By:
Brian Goldman
Retirement Specialist, Financial Adviser

October 2023 Newsletter

This month includes the start of Medicare's Annual Election Period. Please review the information that follows and if you have any questions, please contact me.

A Time for Opportunity: Medicare's Annual Election Period (AEP)

If you've thought about making changes to your Medicare coverage, your time to act is now.

AEP, also called Open Enrollment, is October 15th to December 7th.

This is the time period when you can make changes to your coverage for 2024. For example, you can drop Medicare Advantage and re-join Original Medicare.

You can make changes to your Part D prescription drug plan ... or switch to a new one.

I suggest you contact me ASAP. We can look at what can be done to improve your coverage for next year and what makes sense for you.

I'll be glad to offer all the information you need. Of course, there's no cost or obligation.

A report found that seniors aged 65 to 69, were actually more likely to have a job than teenagers.
(Federal Reserve Bank of Minneapolis)

Why go Back to Work?

Retirement has long been seen as a time to focus on "kicking back" and taking it easy. Not so much these days. A recent survey found that one in six retirees was considering a return to the workplace (CNBC)

Reasons for thinking about a return to working included these:

  • "Needing more money" (53%)
  • "Getting bored" (52%)
  • "Feeling lonely" (45%)
  • "Inflation" (45%)

During this Annual Enrollment Period, you can enroll in, switch, or drop Medicare Advantage (Part C) and Medicare Part D prescription drug plans.

Health Savings Accounts and Medicare

You aren't eligible to make HSA contributions after you have Medicare. To avoid a tax penalty, make your last HSA contribution during the month before your Medicare Part A coverage begins.

Never too Late...

  • About 27% of people who are 59 or older have no retirement savings, according to a survey (Credit Karma).
  • Please remember we can help you with your retirement planning. Just contact me. At American Senior Benefits, we embrace the concept that it’s never too late to plan for retirement.

Breast Cancer Awareness Month

October is Breast Cancer Awareness Month, an annual campaign to raise awareness of this complex disease and fund research into its causes, treatments, and possible cures. Since 1985, individuals, businesses, and communities have come together every October to show their support for the many people affected by breast cancer.

ADHD Awareness Month

There are over 17 million children and adults in the United States who suffer from ADHD (Attention-deficit/hyperactivity disorder). October is a great time to celebrate the successes of those living with this condition, their families, educators, and caretakers.

Those with ADHD may have trouble paying attention, controlling impulsive behaviors, or be overly active.

Senior Financial Glossary

Valuable Papers Insurance. This is a special type of property-casualty insurance. Valuable papers insurance reimburses the policyholder for the monetary value of any valuable papers (wills, for instance).

What Is a Validation Code? A Validation Code is a series of three or four numbers located on the front or back of a credit card. It’s used for security purposes.

VA Loans. Acquired through the Department of Veterans Affairs, members, and their surviving spouses can purchase homes with little or no down payment.

A Variable Annuity is an annuity that varies based on the performance of an underlying portfolio of “sub accounts.”

SOURCE: Investopedia

Good Taste, Good Health

Homemade Peanut Butter and Jelly Bars

Homemade Peanut Butter and Jelly

Do you enjoy visits with grandkids or other youngsters? Here’s a treat to add to the fun.


  • 1 cup (2 sticks) unsalted butter (room temperature), plus more for the pan
  • 3 cups all-purpose flour, more for pan
  • 1½ cups of sugar
  • 2 large eggs
  • 2½ cups smooth peanut butter
  • 1½ tsp salt
  • 1 tsp baking powder
  • 1 tsp pure vanilla extract
  • 1½ cups strawberry jam (or preferred flavor)
  • ⅔ cup salted peanuts, roughly chopped

DIRECTIONS: Heat oven to 350°. Grease a 9-by-13-inch pan with butter and line bottom with parchment paper. Grease the parchment and coat inside of pan with flour. Set aside. In bowl of electric mixer fitted with paddle attachment, beat butter and sugar on medium-high speed until fluffy, about 2 min. On medium speed, add eggs and peanut butter and beat until combined, about 2 min. On low speed, add salt, baking powder, and flour to combine. Add vanilla. Whisk together salt, baking powder, and flour. Add to bowl of mixer on low speed. Whisk together salt, baking powder, and flour. Add to bowl of mixer on low speed Combine. Add vanilla. Combine. Add vanilla. Transfer two-thirds of mixture to prepared pan. Spread evenly with offset spatula (best tool for spreading batter into a pan). Using offset spatula, spread jam on top of peanut-butter mixture. Whisk together salt, baking powder, and flour. Add to bowl of mixer on low speed. Combine. Add vanilla. Transfer two-thirds of mixture to prepared pan. Spread evenly with offset spatula. Using offset spatula, spread jam on top of peanut-butter mixture. Dollop remaining third of peanut-butter mixture on top of jam. Sprinkle with peanuts.

Did you know this about October?

October 2, 1968 - California's Redwood National Park was established.

October 12, 1822 - Brazil became independent of Portugal.

October 17, 1777 - During the Revolutionary War, British General John Burgoyne and his entire army of surrendered to American General Horatio Gates after the Battle of Saratoga, the first major American victory.

October 28, 1636 - Harvard University, the oldest institution of higher learning in America, was founded in Cambridge, Massachusetts.

Famous Birthdays: Simon Cowell (October 7), President Dwight D. Eisenhower (14), Angela Lansbury (16), Kim Kardashian (21)

Quote of the Month
“Power is of two kinds. One is obtained by the fear of punishment and the other by acts of love.”
- Mahatma Gandhi

View Last Month's answers

SOURCE: BrainyQuote©

Should you have any questions, please email me at or call 412-897-0760.

Brian Goldman
Retirement Specialist, Financial Adviser