Max Out of Pocket

Introducing, “Max’s Back Pocket”

Over the last several years, I have absorbed a ton of excellent content from a lot of people in and around the internet. A lot of those ideas even got implemented into my personal finance strategy. Some of these people are professionals, but a lot of them are just amateurs throwing their weight around in a specific niche. I like to think I am pretty good at healthcare and personal finance, but there are plenty...

Max Out of Pocket’s 2019 Spending

The Max Out of Pocket crew had a pretty fun 2019; fun that is reflected in our 2019 expenses. That’s okay though, we are willing to spend some serious cash on the things we enjoy. I suppose some people might look at this and say we are slumming it in a dark dungeon of frugal deprivation. While others will see the same information and think we might have a spending problem. Max on the other...

How Much is the Medicare Part B Deductible in 2020?

Let’s get right to the point. In 2020, the Medicare Part B deductible came in at $198. This is a $13.00 increase from where we were in 2020. That’s a 7% increase year over year and a very similar increase to what we saw (on a percentage basis) with the Medicare Part A deductible. If you remember, the Medicare Part B premiums came in up 6.7% from where we were in 2019. Now a lot...

2019 Front-Loading – An Extra $950 In My Pocket

As it turns out, 2019 was a pretty great year for front-loading my 403(b) account. My low-cost VIIIX (Vanguard Institutional Index Fund Institutional Plus Shares) fund generally tracks the performance of the Standard & Poor’s 500 Index. The S&P 500 returned just over 30% in 2019. Thus, VIIIX put up a very similar return for 2019. On 12/31/2018 VIIIX was worth $227.57 per share and by 12/31/2019 is was worth $290.25 per share. That’s a...

How Much are Medicare Part B Premiums in 2020?

Well, it’s time to get back to business here at Max Out of Pocket. It is already February and we haven’t even touched on where Medicare Part B premiums came in for the calendar year 2020. Even though I am 30 years or so out from Medicare coverage, I still watch these numbers closely. You should too. They may come sooner than you think. So let’s get right to it. In 2020, the Medicare Part...