That’s a great question many working seniors are contemplating!
Here’s just a few examples of what you should consider before making any changes
- Is it your employer plan or your spouse’s?
- If it is your plan, are any other family members enrolled with you?
- How much does your current plan cost you?
- Is it an HMO or PPO plan?
- Do you have a high deductible, HSA compatible plan?
- Are you receiving your Social Security Benefits?
- What’s your earned income
- Is it over $85,000 (single) or over $170,000 (married)?
- Are you taking expensive medications?
Sometimes you’re better off staying with your current employer plan and sometimes you’re better off with Medicare.
I wish I could give you a short answer but overlooking important information could hurt you in the long run.
If you would like an expert opinion contact my office (714) 921-9214 for a free consultation.