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COBRA insurance is a guarantee that your health insurance is portable when you leave the job. It is now private insurance where you are paying for it. The cost is probably higher than the employer provided insurance so you would want to look at the 2 carefully and determine which would be most economical. It does not make sense to pay for two policies. If your new job pays for (some of) the insurance dump your COBRA.
What else can I help you with?
Do you have to pay tax on life insurance when retire?
If your employer provides more than $50,000 in life insurance coverage for you, you will have to pay tax on what is called "imputed income" from the policies. Even after you retire, your employer will continue to send you a W-2 for the imputed income and showing the amount of uncollected Social Security and Medicare taxes you owe.
Can you carry primary insurance after you retire and go on medicare?
In general, yes. Medicare can be secondary insurance for a person otherwise entitled to it who continues to work beyond the age of 65 and participates in a health insurance plan offered by or sponsored by the employer. Additionally Medicare can be a secondary payer for disabled people who have their own coverage through their own employer's large group health plan (usually 100 or more employees), or large group health coverage that they have through a family member.
Why can't i stay on my employers health insurance when i turn 65?
It depends where you live. Some employers do not provide insurance. In some countries if you are working after you are 65 or your spouse is working, you will be entitled for health insurance from employer. You will be eligible for Medicare even if you continue to work after you turn 65. It is important that you decide whether or not to enroll for medicare. You may not need all of Medicare benefits if you are still covered under your employer's plan. You can delay certain parts of Medicare, and get them later on when you retire, or if you lose your employer's insurance. You should make these decisions at least 3 months before your 65th birthday.
What happens to your Employee Group Life insurance investment after you retire from employment?
What happens to your Employee Group Life insurance investment after you retire from employment
Who can you inform that your employer is tageting employees with seniority before they can retire?
you can inform me
Can you retire after 25 years of work?
Yes, it is possible to retire after 25 years of work if you meet the eligibility requirements for retirement benefits from your employer or government pension plan.
Where do you get information on retirement insurance for Shell?
If you retire from Shell Oil and are not 65 years old, where can you find out abut medical insurance?
If born in 1947 when can one retire with full benefits and medicare insurance?
66.5
What do you need to do to retire at 62?
You will not need anything to retire at the age 62. Simply contact the Social Security office to sign up. You will need to speak with your employer if you have one to see about their requirements.
If you were born in 1963 can you retire at age 62?
You will not need anything to retire at the age 62. Simply contact the Social Security office to sign up. You will need to speak with your employer if you have one to see about their requirements.
What type of funding are there?
If you are about to retire, it is important to think about the different retirement options that are available. The best resource for learning about retirement funds is your employer.
What types of retirement funds are there?
If you are about to retire, it is important to think about the different retirement options that are available. The best resource for learning about retirement funds is your employer.
