For those who are still working, you may have a variety of options available to you when you become eligible for or want to enroll in Medicare. For those who are working and turning 65 soon, consider checking in with your benefits administrator to see if you can concurrently keep your health benefits with Medicare enrollment. For those who are working after 65 and want to transition into Medicare, there are important dates to keep in mind to avoid paying a late enrollment penalty. And for those thinking about retiring before age 65, retiree health benefits (if available) can be an important source of health insurance.
Special Note About HSAs:
If you currently have an HSA-eligible health plan, you must stop contributing to your HSA six months before you enroll in Medicare Part A. Some people delay Medicare enrollment to keep their HSA.
Last Reviewed August 8th, 2024