I'm planning to delay Social Security until age 70, but I'm turning 65 soon. How does this affect my Medicare enrollment?
Answered by 30 licensed agents
If you don't enroll at 65 and don't have coverage through a group plan you will be penalized 1% per month for each month you don't have coverage.
You will be billed by Medicare for your part B premium 3 months at a time.
Answered by William Gray on April 17, 2025
Broker Licensed in FL, GA, KS & MI, OH, TX & VA
Answered by Kelsey Hentzen on April 21, 2025
Broker Licensed in KS & MO
Answered by Robert Moore on May 19, 2025
Broker Licensed in IN, AL, IL & 11 other states
Answered by Michael Andrews on May 27, 2025
Broker Licensed in CT
Medicare is the health insurance that most Americans earn from working 40 quarters (or 10 full years)
You contact the same government office (SSA) to enroll in medicare or start your social security payments.
Now back to the question...
Most people will need to enroll in Medicare part B when they turn 65 or are planning on coming off of credible employer group coverage. If you are still working after 65 check with your HR department as to the specifics about whether you need enroll in part B.
Answered by Joseph Meyers on April 29, 2025
Broker Licensed in MI & TN
Answered by Colleen Williams on May 20, 2025
Agent Licensed in PA, FL & NJ
https:// www.ssa.gov. You will also need to pay Medicare directly for you Part B.
Answered by Pamela Camey on May 19, 2025
Broker Licensed in IL, FL, IA & 7 other states
Answered by Brady Kidwell on June 6, 2025
Broker Licensed in TN, FL, GA & KY, NC, SC & VA
Answered by Steven Bleicher on May 29, 2025
Broker Licensed in AZ
1) If you are employed and are going to remain on employer coverage, you have the option of signing up for Part A only and delaying Part B until you’re no longer on employee coverage.
2) If you’re delaying Social Security benefits but plan on signing up for Part A & B at the same time, Social Security will bill you quarterly for Medicare Part B.
Answered by Timothy Brown on June 5, 2025
Broker Licensed in PA, CT, DE & 15 other states
If your employer coverage is as good as Medicare coverage, you can delay accepting Medicare Part B, but you should still take Part A.
The only difference between taking Medicare Part B at 65 and waiting until you start drawing Social Security is that you have to pay the Part B premiums out-of-pocket until your Social Security begins. At that time, Medicare Part B premiums will be deducted from your Social Security before you receive your funds.
Answered by Diana Garner on June 13, 2025
Broker Licensed in KY, FL, IN, OH & TN
Answered by Gregg Matheny on April 3, 2025
Agent Licensed in AZ & UT
Answered by Michael Pyers on May 5, 2025
Broker Licensed in OH & MI
Answered by DeeDee Whitlock on May 27, 2025
Broker Licensed in LA
1. Are you employed
2. Does your work provide insurance
3. Do you intend to pay for your Medicare out of pocket
4. Why are you delaying your Social Security?
5. If you wait until 70 to collect, the amount you will lose will take you until the age of about 84 to break even. Contact me direct at [email protected] for more.
Answered by Jim Willis on June 3, 2025
Broker Licensed in AZ, CA, CO & 12 other states
It is important to sign up for Medicare Part A as soon as you are eligible, even if you are still covered by an employer-provided group health plan, to avoid gaps in coverage and potential late enrollment penalties. If you are covered by an employer-provided group health plan, you may be able to delay signing up for Medicare Part B until you retire, but you should check with your employer's benefits representative to confirm this and ensure you do not face penalties. If you have questions about your specific situation, you can contact me directly at 239.848.8893.
Answered by Paul Dzierzanowski on April 14, 2025
Agent Licensed in FL
To avoid the Part B late enrollment penalties, you must have creditable coverage during the time you delay enrolling in Part B. Creditable coverage means you have coverage that meets Medicare's minimum standards. Most group health plans do.
Several other factors can play into this decision like a cost comparison of the group health plan vs. a Medicare plan, differences in coverage between the plans and if a person has an HSA-qualified high-deductible health plan (HDHP). These are just a few of the situations I would go over with my client.
Answered by Jeremy Henry on May 14, 2025
Broker Licensed in VA
Answered by John Lopez on April 19, 2025
Broker Licensed in DE, MD, NC, NJ, NY & PA
Answered by Jason Vallejos on April 16, 2025
Broker Licensed in CA, AZ, CO & 11 other states
Answered by Steve Brauer on April 8, 2025
Broker Licensed in AZ & CA
Answered by Marcie Barnes on April 8, 2025
Agent Licensed in TX, AK, AL & 48 other states
Often times when people do not take their SSI till later you will not show up on CMS - Medicare’s system therefore you must apply for Medicare.
Answered by Carol Thompson on June 20, 2025
Broker Licensed in FL, LA, MI & NC, SC, VA & WI
Answered by Todd Bostic on June 23, 2025
Broker Licensed in TX, AL, AZ & 12 other states
Answered by Jaye Maxx Alexander II on June 2, 2025
Broker Licensed in NC, AK, AL & 47 other states
Answered by Fran Lovelace on June 8, 2025
Agent Licensed in NC, SC & VA
Answered by Bob Nunn on April 17, 2025
Agent Licensed in FL, AL, AR & 36 other states
Answered by Tony Merwin on June 7, 2025
Agent Licensed in TX, AR, AZ & 28 other states
If you're turning 65 soon but planning to delay Social Security until age 70, just know that Medicare doesn't automatically start and delaying Social Security doesn't always mean you can delay Medicare.
If you’re still working and have employer coverage, you might be able to delay Part B (and Part D) without a penalty, but it really depends on your specific situation. If you don’t have other qualifying coverage, you’ll need to enroll yourself during your Initial Enrollment Period (IEP), which is a 7-month window that starts three months before your birthday month and ends three months after. It’s important to enroll on time to avoid late penalties and make sure you have the coverage you need.
Answered by Julia Alves on May 19, 2025
Broker Licensed in FL, AZ, GA & 5 other states
Answered by Joley Hanson on April 8, 2025
Broker Licensed in MN, FL, IA & 7 other states
Answered by Lyle Affleck on May 19, 2025
Agent Licensed in UT, CO, FL & 8 other states
Tags: Enrollment Periods Social Security Turning 65
Agents: Share Your Expertise
Have insights or experiences related to this topic? Help others by sharing your knowledge and answering this question.
Seniors: Ask a Question of Your Own
Questions are generally answered within 1 to 3 business days. Receive valuable perspectives from multiple licensed agents and brokers.
Ask a Question