Medicare late enrollment penalties are no joke. They can increase your monthly premium substantially for the rest of your life.
That’s right — if you miss the window, the government can penalize you each month for as long as you have Medicare coverage.
It’s essential to understand your Medicare options and how these late enrollment penalties work so you can avoid costly premiums in retirement.
Need a refresher on how Medicare works? Check out answers to seven common Medicare questions. When Are You Supposed to Sign Up for Medicare?
You can only sign up for Medicare at certain
