Enjoying your Social Security benefit prior to age 65 means less money to pay the Medicare Part B premiums – for the rest of your life.
Current or retired federal employees under FEHB can get reimbursements for Medicare Part B premiums in some instances.
Even if you are on Medicare in retirement, you will need to budget accordingly for your health care costs.
Federal retirees who decide to work have a unique opportunity to use their FEHB coverage to help reduce their taxable income.
The author summarizes five common misconceptions federal employees frequently have about their retirement benefits.