Know when and how to enroll in Medicare to avoid late enrollment penalties.
Enrolling at the right time is critical — late enrollment can result in permanent premium penalties. Here's what you need to know.
Your IEP is a 7-month window: 3 months before your 65th birthday month, your birthday month itself, and 3 months after. Enrolling during the first 3 months means your coverage starts on the 1st of your birthday month.
If you or your spouse are still working and have employer coverage, you may be able to delay Medicare Part B without a penalty. The rules depend on your employer's size. Mike can help you navigate this.
If you don't sign up for Part B when first eligible and don't have qualifying employer coverage, you'll pay a 10% penalty on your Part B premium for every 12-month period you were eligible but didn't enroll — permanently.
You can enroll online at SSA.gov, call Social Security at 1-800-772-1213, or visit your local Social Security office. Mike can guide you through the entire process step by step.
Call Mike today for a free, no-obligation consultation. He'll help you compare plans and find coverage that fits your needs and budget.