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Steve Coker, CFP
- Jun 3
- 1 min
Medicare Enrollment: Remember age 65!
Remember that the “Initial Enrollment Period” for Medicare begins 3 months before the month of your 65th birthday and extends 3 months after the month of your 65th birthday. For most retirees, it is best to enroll as soon as possible since the sooner you enroll, the sooner the coverage starts. Don’t be confused with the Open Enrollment Period or General Enrollment Period that you may find on the internet – the Initial Enrollment is just for you and is based on your birthday.
Steve Coker, CFP
- Sep 4, 2017
- 2 min
Understanding Medicare Enrollment
This week I came across a 75-year-old retiree who had not yet signed up for Medicare. Since Medicare enrollment begins at age 65, this was a big miss! Not only does enrolling late result in higher premiums, the failure to enroll in Medicare can leave retirees dangerously lacking in insurance coverage. One common reason for this error is the deferral of Social Security Retirement benefits, as some mistakenly believe that if they defer taking Social Security Retirement benefits
