If you're 65 and still working, should you enroll in Medicare?

A growing number of Americans are working past age 65—typically the age when you enroll in Medicare. But if you’re still getting health insurance through your employer at that age, does it make sense to move to Medicare?

The answer to that question depends on factors unique to you, including the features and cost of your current insurance, the size of your employer’s firm and your income. Your health is another important factor - along with your preferences on how you want to receive health care.

When navigating this question, it’s important to step carefully in order to avoid stiff late enrollment penalties for Medicare Part B and smaller penalties for Part D.

In my latest Morningstar column, I walk through the rules on timing your Medicare enrollment, and the tradeoffs of these decisions.

What I’m reading

They lost their legs - doctors and companies profited . . . The loneliness epidemic and how to treat it . . . Playing hockey into their 80s, with laughter and metal hips . . . Making health choices may not always be about your age . . .Drug makers fight to block Medicare drug price negotiation . . . What older adults should know about the new weight loss drugs . . . Purpose in retirement is having a moment . . . A retirement tax break that ends the fear of outliving your 401(k) . . . How to determine your retirement income style . . . How to fix America’s elder justice problem . . . We’re already paying for universal health care - why don’t we have it?