Welcome to Retirement Scan, our daily roundup of retirement news.
Retiring overseas? How Medicare may affect employees’ plans
Seniors who are working abroad should be on Medicare, especially if they plan on moving back to the U.S. permanently or occasionally, according to an article from CNBC. They are advised to sign up during the initial enrollment period that starts three months before their 65th birthday, unless they have filed for Social Security. Seniors who have qualifying health coverage may sign up after the period without facing the late-enrollment penalty, but they are required to present proof of coverage such as tax returns, medical statements and pay stubs.
