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 Post subject: Income guidelines?
PostPosted: Tue Nov 18, 2008 11:56 am 
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Joined: Tue Nov 18, 2008 11:32 am
Posts: 30
When I retire next year, I will be collecting both Social Security benefits and a small pension from my employer. Is basic Medicare based solely on age or will it also be based on my income level?


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 Post subject: Re: Income guidelines?
PostPosted: Tue Nov 18, 2008 1:42 pm 
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Joined: Thu Nov 13, 2008 4:19 pm
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It is my understanding that income is not a factor with Medicare. As long as you are eligible, you should be able to get it. Medicaid is the government insurance program that has income guidelines. Your best bet is to visit your local social security office and ask an agent just to make sure you don't have an exception that I don't know about. Good luck!


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 Post subject: Re: Income guidelines?
PostPosted: Wed Nov 19, 2008 1:09 pm 
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Joined: Tue Nov 18, 2008 11:32 am
Posts: 30
Thank you, Jason. That was my understanding as well but it never hurts to check it out. I've always thought it was something we have earned by working hard all these years.


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 Post subject: Re: Income guidelines?
PostPosted: Wed Nov 19, 2008 3:24 pm 
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I am on Social Security and SSI, as is my gram. Now that she is over 65 her income doesn't affect Medicare, but since I'm under 65 my income would affect Medicare. Hope that helps some!


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 Post subject: Re: Income guidelines?
PostPosted: Thu Nov 20, 2008 1:31 pm 
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Joined: Thu Nov 20, 2008 1:07 pm
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oldiebutgoodie wrote:
When I retire next year, I will be collecting both Social Security benefits and a small pension from my employer. Is basic Medicare based solely on age or will it also be based on my income level?


I don't think having both your pension from your employer and social security would affect your eligibility.

Medicare is available for people age 65 and older, people with disabilities, or those with permanent kidney failure that needs regular dialysis or transplant.

Basic Medicare, part A is premium free if you are receiving social security retirement benefits or if you've worked for the government.


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 Post subject: Re: Income guidelines?
PostPosted: Mon Nov 24, 2008 5:01 pm 
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Joined: Mon Nov 24, 2008 4:19 pm
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Hi there. I don't think there'd be considerations about your income when it comes to your Medicare eligibility.


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 Post subject: Re: Income guidelines?
PostPosted: Tue Nov 25, 2008 6:05 pm 
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Joined: Wed Nov 19, 2008 12:57 pm
Posts: 39
If income made a difference then people would actually be harming themselves by creating their own retirement funds.


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