If you’re approaching 65, signing up for Medicare is looming ahead. It’s the first step to usher in retirement, and there are strict rules as to when you sign up.
If you receive your insurance through the public marketplace, it’s imperative that you sign up for Medicare on time. But are there penalties for not signing up on time?
Signing Up for Medicare
It’s common knowledge about Medicare. You’re eligible for coverage when you reach 65. Medicare’s window of opportunity is three months before your sixty-fifth birthday, the month of your birthday, and three months after your birthday.
Anne Johnson
Author
Anne Johnson was a commercial property and casualty insurance agent for nine years. She was also licensed in health and life insurance. She went on to own an advertising agency, where she worked with businesses. She has been writing about personal finance for 10 years.
