Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

What Happens If I'm on Social Security and Become Eligible for Medicare?


The earliest age at which you can file for Social Security is 62. And many seniors opt to go that route, even if it means accepting a reduced monthly benefit by not waiting until full retirement age to sign up.

Because Medicare eligibility begins at age 65, many seniors find themselves already on Social Security by the time that coverage option opens up. The good news is that if you're on Social Security at the time you become eligible for Medicare, you won't need to sign up. Rather, you'll be enrolled in Medicare automatically. But you may want to turn down your Medicare coverage, depending on your circumstances.

Image source: Getty Images.

Continue reading


Source Fool.com


Comments