3 Medicare Mistakes to Avoid in 2020

Millions of senior citizens depend on Medicare to pay for their healthcare services during retirement. But if you're not careful, you could make wrong moves that cause you to miss out on important benefits, or leave you paying more for them. Here are a few major Medicare mistakes to steer clear of in the coming year.

Medicare eligibility begins at age 65, but you actually get a seven-month window to enroll initially. That window begins three months prior to the month of your 65th birthday, and ends three months after it. If you don't sign up for Medicare on time, you not only risk going without coverage, but you also risk paying more for Part B coverage throughout retirement.

IMAGE SOURCE: GETTY IMAGES.

Continue reading


Source Fool.com