Q: I will retire at age 63 on Oct. 31, 2010, from Civil Service under CSRS and do not qualify for Social Security. Will my Part A Medicare continue to be deducted from my annuity until I become eligible for Medicare? I know I have to apply though Medicare to have Part B deducted from my annuity three months from turning 65.
A: No, Part A deductions won’t be taken out of your annuity. They are only taken out of earnings from wages or self employment, not from annuities.