Ask The Experts: Retirement

By Reg Jones

CSRS employee and Medicare

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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.

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