By Reg Jones
November 17th, 2011 | Uncategorized
Q. I will be 68 next year when I retire as a CSRS annuitant. Like all feds, I currently pay into Medicare. Will I continue to pay into Medicare from my annuity check? I currently receive a small Social Security payment because, when I reached 66, I had sufficient credits to qualify because of prior years of nonfederal work. I am eligible now (at no cost) for Medicare Part A, although I have federally sponsored medical insurance. So will I continue to pay into Medicare when I retire?
A. No. Premiums for Medicare Part A coverage are only deducted from earnings from wages or self employment. They aren’t taken from annuities.