Quote:
Originally Posted by hcoles
I don't think so. I haven't heard anyone getting Medicare before 65. SS can be started at any age from 62 to 70. The amount you get goes up 8% per year that you wait until 70. Medicare you get when you are 65, I think you get penalized if you don't sign up. Please provide link if I'm wrong on this.
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This is correct^^.
Medicare has two parts, A and B. Failure to sign up for part A will lead to an annual penalty for the duration of your life. There are some cases where you may delay signing up for part B without penalty, such as if your employer or spouse has you covered on a group policy, but usually you must sign up for part B at the same time as part A to avoid any penalties.
https://www.ehealthmedicare.com/medicare-enrollment-articles/medicare-enrollment/