If you're planning to retire AFTER age 65, you'll have a Special Enrollment Period for enrolling in Medicare without penalty. Here's what you need to know:

• You should still enroll in Medicare Part A when you turn 65—even if you continue working. That's because if you or your spouse paid Medicare taxes for at least 10 years while working, then you won't have to pay a premium for Part A. And it can serve as secondary insurance, which may cover things your primary insurance does not.
• If your company has more than 20 employees and you are covered by your employer's health plan, you can delay Part B enrollment until retirement. You'll have a Special Enrollment Period of 8 months following your retirement to enroll in Part B without a late enrollment penalty.
• If your company has fewer than 20 employees, your employer may require you to enroll in Medicare Part A and Part B at age 65. Medicare would then become your primary coverage provider.
• If you want Medicare Part C (Medicare Advantage) and/or Part D prescription drug coverage, you should choose those options during your Special Enrollment Period.

If you would like to learn more about being prepared for when it’s time to retire, please give us a call at (833) 616-2113 or request for more information to be sent to you by clicking the button below.