Medicare vs. Social Security When hitting life’s milestones, both celebratory and somber, our clients often question who to contact to take care of critical financial and administrative matters. Issues that impact personal health and financial security are of the utmost importance, and it can be confusing to distinguish between the realms of Medicare and Social Security. […]
Medicare and Social Security: The American Safety Net
Medicare and Social Security make up the tax-paid benefits of post-retirement healthcare coverage and income in the United States. Though distinct programs, they are highly interrelated and Medicare premiums are, in fact, deducted from Social Security payments. A high-level comparison includes: Timing Initial Medicare enrollment generally occurs in the 6-month period around the 65th birthday. Exceptions include individuals […]