Endzone Answers All Of Your Medicare and SS Questions

[508mikey]

Im going to claim at 62 or earliest age possible. The rate of return is abysmal....

if you are still alive after this football season --Horns Down

 

[508mikey]

I’ll be surprised if I get to collect

Trump said it will be gone by 2030

 

[YankeeVol]

Trump said it will be gone by 2030

I want my portion back

 

[YankeeVol]

if you are still alive after this football season --Horns Down

Seconded

 

[Thunder Good-Oil]

Social Security benefits are decreased by 6% per year (0.5% per month) if started before the Full Retirement Age. The FRA is age 67 for everybody born in 1960 or later.

The monthly payment increases by 8% per year (0.667% per month) if waiting past the FRA.

Payments stop increasing after age 70. Do not delay starting to receive monthly benefits beyond age 70.

62 years, 0 months: 70.0%
62 years, 1 months: 70.5%
62 years, 2 months: 71.0%
62 years, 3 months: 71.5%
62 years, 4 months: 72.0%
62 years, 5 months: 72.5%
62 years, 6 months: 73.0%
62 years, 7 months: 73.5%
62 years, 8 months: 74.0%
62 years, 9 months: 74.5%
62 years, 10 months: 75.0%
62 years, 11 months: 75.5%

63 years, 0 months: 76.0%
63 years, 1 months: 76.5%
63 years, 2 months: 77.0%
63 years, 3 months: 77.5%
63 years, 4 months: 78.0%
63 years, 5 months: 78.5%
63 years, 6 months: 79.0%
63 years, 7 months: 79.5%
63 years, 8 months: 80.0%
63 years, 9 months: 80.5%
63 years, 10 months: 81.0%
63 years, 11 months: 81.5%

64 years, 0 months: 82.0%
64 years, 1 months: 82.5%
64 years, 2 months: 83.0%
64 years, 3 months: 83.5%
64 years, 4 months: 84.0%
64 years, 5 months: 84.5%
64 years, 6 months: 85.0%
64 years, 7 months: 85.5%
64 years, 8 months: 86.0%
64 years, 9 months: 86.5%
64 years, 10 months: 87.0%
64 years, 11 months: 87.5%

65 years, 0 months: 88.0%
65 years, 1 months: 88.5%
65 years, 2 months: 89%
65 years, 3 months: 89.5%
65 years, 4 months: 90%
65 years, 5 months: 90.5%
65 years, 6 months: 91%
65 years, 7 months: 91.5%
65 years, 8 months: 92%
65 years, 9 months: 92.5%
65 years, 10 months: 93%
65 years, 11 months: 93.5%

66 years, 0 months: 94%
66 years, 1 months: 94.5%
66 years, 2 months: 95%
66 years, 3 months: 95.5%
66 years, 4 months: 96%
66 years, 5 months: 96.5%
66 years, 6 months: 97%
66 years, 7 months: 97.5%
66 years, 8 months: 98%
66 years, 9 months: 98.5%
66 years, 10 months: 99%
66 years, 11 months: 99.5%

67 years, 0 months: 100% (FRA)
67 years, 1 months: 100.67%
67 years, 2 months: 101.33%
67 years, 3 months: 102%
67 years, 4 months: 102.67%
67 years, 5 months: 103.33%
67 years, 6 months: 104%
67 years, 7 months: 104.67%
67 years, 8 months: 105.33%
67 years, 9 months: 106%
67 years, 10 months: 106.67%
67 years, 11 months:107.33%

68 years, 0 months: 108%
68 years, 1 months: 108.67%
68 years, 2 months: 109.33%
68 years, 3 months: 110%
68 years, 4 months: 110.67%
68 years, 5 months: 111.33%
68 years, 6 months: 112%
68 years, 7 months: 112.67%
68 years, 8 months: 113.33%
68 years, 9 months: 114%
68 years, 10 months: 114.67%
68 years, 11 months: 115.33%

69 years, 0 months: 116%
69 years, 1 months: 116.67%
69 years, 2 months: 117.33%
69 years, 3 months: 118%
69 years, 4 months: 118.67%
69 years, 5 months: 119.33%
69 years, 6 months: 120%
69 years, 7 months: 120.67%
69 years, 8 months: 121.33%
69 years, 9 months: 122%
69 years, 10 months: 122.66%
69 years, 11 months: 123.33%

70 years, 0 months: 124%
70 years, 1 months: 124%

 

[Thunder Good-Oil]

Medicare has a 7 month window to sign up without a penalty. The month that you turn 65, the 3 months before turning 65, through the 3rd month after turning 65. Miss the 65 years plus 3 month deadline and a higher rate penalty follows you for the rest of your life.

Medicare Advantage and Medicare Supplemental (aka Medigap) are the two add on programs available through private insurance companies.

Brokers like medicareschool.com and Boomer Benefits will find an appropriate Advantage or Supplemental plan for no charge.

 

[Thunder Good-Oil]

The Pub version of the topic.

Medicare and Social Security advice and options

I’m not there yet, but trying to figure it all out. Right now Social Security can begin at age 62 and should never be delayed beyond age 70. The latter leaves benefits on the table. With SS I guess electing to take it early works best if you’re no longer working or only working part time and...

www.volnation.com

 

[theFallGuy]

The Pub version of the topic.

Medicare and Social Security advice and options

I’m not there yet, but trying to figure it all out. Right now Social Security can begin at age 62 and should never be delayed beyond age 70. The latter leaves benefits on the table. With SS I guess electing to take it early works best if you’re no longer working or only working part time and...

www.volnation.com

I feel the the Zone is better suited to handle this complicated information

 

[95 Vol Alum]

Does Medicare cover botox and calf implants? I may need those at 65.

 

[Behr]

Does Medicare cover botox and calf implants? I may need those at 65.

You need to fine out if they cover male breast reductions.

 

[theFallGuy]

Oh lawd

 

[Go aeiou]

You need to fine out if they cover male breast reductions.

Or get the lip fillers.