What happens if you don’t sign up for Medicare Part B at 65?
If you wait until the month you turn 65 (or the 3 months after you turn 65) to enroll, your Part B coverage will be delayed.
This could cause a gap in your coverage.
In most cases, if you don’t sign up for Medicare Part B when you’re first eligible, you’ll have to pay a late enrollment penalty..
Is it mandatory to go on Medicare when you turn 65?
As long as you have group health insurance from an employer for which you or your spouse actively works after you turn 65, you can delay enrolling in Medicare until the employment ends or the coverage stops (whichever happens first), without incurring any late penalties if you enroll later.
What happens to my Social Security when I turn 65?
When you reach retirement age. When you reach the age of 65, your Social Security disability benefits stop and you automatically begin receiving Social Security retirement benefits instead. The specific amount of money you receive each month generally remains the same.
When should I apply for Social Security when I turn 65?
En español | You should apply no later than the month in which you want your benefits to start. You can file up to four months before that, which gives Social Security ample time to process your application.
What happens if you don’t want Medicare at 65?
Specifically, if you fail to sign up for Medicare on time, you’ll risk a 10 percent surcharge on your Medicare Part B premiums for each year-long period you go without coverage upon being eligible. (Since Medicare Part A is usually free, a late enrollment penalty doesn’t apply for most people.)