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Enrolling in Medicare at 65 Doesn’t Mean You Should Apply for Social Security Too
… but it’s a phenomenon we see quite often here at The AMAC Foundation’s Social Security Advisory Service. Many people don’t realize that Social Security and Medicare are two entirely separate programs and that there’s no need to sign up for Social Security simply because you reach 65 and enroll in Medicare. And the reason it’s a problem? Well, 65 is no longer the full retirement age for Social Security and that means claiming SS benefits at 65 will result in a cut in your benefit payment. This Motley Fool article by Maurie Backman explains.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.
