Navigating Medicare Enrollment and Capital Gains Tax Strategies

Navigating Medicare Enrollment and Capital Gains Tax Strategies

1 minute read
Updated 22 hours ago

Medicare Enrollment Timing

If covered by an employer with 20 or more employees, you can delay Medicare enrollment without penalties, preserving HSA contributions until employment ends or coverage is lost.

Delaying enrollment allows continued HSA contributions, with 2025 limits set at $4,300 for self-only and $8,550 for family coverage, plus a $1,000 catch-up for those 55 and older.

Understanding Capital Gains and Home Sales

The home sale exemption applies only to primary residences, exempting up to $500,000 of profits for married couples if they’ve lived in the home for two of the past five years.

1031 exchanges defer capital gains on investment properties, requiring a similar property purchase within 180 days. Recent laws now require a five-year wait post-exchange for claiming a home sale exemption.
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