Working at 65? You May be Able to Delay Enrolling in Medicare - CNET

As most American’s know, 65 is the magic age at which you become eligible to enroll in the nation’s most important healthcare program, Medicare. Medicare is, after all, a program which provides crucial healthcare coverage to nearly all senior citizens and one you have been contributing to from your work earnings all of your life. But what happens if you’re still working and have healthcare coverage through your employer? Well, there are some nuances and restrictions, but if your employer coverage is under a group plan with at least 20 participants, you can delay enrolling in Medicare until your employer coverage ends, thus saving the monthly Medicare premium.

Understanding how Medicare works, and how working after age 65 affects your enrollment in the program, is important to ensure that you do not incur penalties when enrolling later, because these penalties can be quite severe and are largely ongoing. Knowing the various “parts” of Medicare, and how they work, are crucial to stable healthcare during your senior years, when you most need it, as explained in this very informative CNET article by Peter Butler.

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