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Medicare open enrollment begins Oct. 15 - InvestmentNews

Medicare open enrollment begins Oct. 15 - InvestmentNews
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Medicare questions spike as boomers work past 65

Medicare questions spike as boomers work past 65
Financial advisers are being bombarded with questions about whether clients need to enroll in Medicare.
March 8, 2021
4
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As many aging baby boomers continue to work past the traditional retirement age of 65, financial advisers are being bombarded with questions about whether clients need to enroll in Medicare. The answer depends on several factors.
Most people should enroll in Medicare Part A, which is hospital insurance, when they are first eligible. But certain people may choose to delay Medicare Part B, which is medical insurance, depending on the type of health coverage they have.
Medicare Part A is premium-free to anyone who has paid FICA taxes for at least 10 years and is available for a monthly premium for those age 65 and older who do not qualify based on their own work record or that of their spouse. Medicare is also available to those receiving Social Security disabi ....

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