You’re turning 65 and it’s time to sign up for Medicare. Depending on your situation, there are parts of Medicare you may not need right away, like Part B if you are still working and have employer-sponsored coverage. However, if you don’t figure out your personal needs and miss your Initial Enrollment Period, you may have to pay penalties for as long as you have Medicare.
If you need a knee replacement, you have plenty of company. Some 2.5 million Americans, including 3 percent of people over the age of 60, have a knee they weren’t born with.
What is the best age to start receiving social security retirement benefits? The “best age” is different for everyone.
The popular perception is that your 65th birthday marks the milestone in your life when you hang up your spurs, kick back, and reap the fruits of your labor as you enjoy sunsets from your porch.
If you’ve got a chronic condition that requires a lot of medication, chances are you’ve got your prescription drug plan figured out. If you’re in tip-top shape and don’t take a single pill, what’s the point? When it comes to prescription drug coverage and Medicare, if you don’t sign up when you’re first eligible, you could pay more down the road through penalties.
Retirement used to be closely linked to turning 65. No more. The full retirement age for anyone born in 1943 or later is at least 66. It’s 67 if you were born in 1960 or later. Full retirement age is the age at which you can receive 100% of your social security retirement benefit.
Asthma is a chronic condition that causes inflammation and narrowing of the lung’s airways. This can make breathing difficult or even impossible. If left unmanaged or misdiagnosed, asthma can be deadly. About 3,300 people die from it every year.1
Medicare is removing social security numbers from Medicare cards. The change is to help protect your personal identity. Your Medicare coverage and benefits will stay the same and continue without interruption.
Do you spend your Sunday mornings scouring the newspaper inserts for coupons at the local grocery store? Make it a point to confirm you get all possible discounts when booking hotel reservations? Love getting the senior discount at the movie theater?
Once upon a time, turning 65 years old meant you could get your full Social Security retirement benefits and Medicare coverage at the same time.