Q & A

I will soon sign up for Medicare at age 65, but I am not getting Social Security yet. How do I pay Medicare premiums if not receiving monthly SSA benefits?

Answer: A quarterly payment schedule is arranged that is payable by automatic deduction from a savings or checking account, by check or money order, or by credit card. Details are on the Medicare website, www.medicare.gov.

Note that you might not have a Medicare premium to pay. Most people enroll in Medicare Part A (Hospital) at age 65 even if working and having insurance through their employer. Part A does not have a monthly premium. Read more…

Source:

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.

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