Most senior citizens will in fact be qualified for Medicare coverage. Medicare is also a government health insurance program, but it is not based on financial need. You become eligible for Medicare through the accrual of retirement credits. When you are working, you can accumulate as many as four retirement credits per year. If you have at least 40 retirement credits, you will be eligible for Medicare coverage when you reach the age of 65.
Topics covered in this report include:
- The Healthy or Community Spouse
- Can Medicaid Planning Still Help Me If I Need to Qualify Now? - November 30, 2022
- Should I Tell My Loved Ones the Details of My Estate Plan? - November 23, 2022
- Protecting Assets with an Intentionally Defective Grantor Trust - November 16, 2022