Late Medicare claim filing could be costlyBarbara Melman
This limit also pertains to any period of retroactiveMedicare coverage. If you continue to contribute, or your Medicare coverage becomes retroactive, you may have to pay a6% excise taxon those excess contributions. If you happen to have excess contributions, you can withdraw some or all to avoid...
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If you wait to claim Social Security until age 70, you qualify for the maximum amount. And there are some reasons to delay claiming benefits until this age, if you can afford to hold off that long. The chief advantage of delaying is that, for every year you hold off (up to three yea...