Is Signing Up for Social Security Before Medicare a Good Idea?
Social Security and Medicare are interrelated programs, so you might assume that the rules for both are the same. But actually, that's not true.
You can claim Social Security benefits at any age starting at 62. With Medicare, on the other hand, eligibility doesn't begin until age 65. And while you don't necessarily have to enroll in Medicare at age 65 exactly, in some cases, failing to do so could mean facing surcharges on your Part B premiums for life.
Meanwhile, seniors who are enrolled in Social Security and Medicare at the same time have their Part B premiums paid out of their monthly benefits directly. So for this reason, you may be inclined to sign up for Social Security ahead of Medicare. But doing so may not be the wisest idea, financially speaking.
Source Fool.com
