Medicare Assumes You Still Earn Your Old Salary. Until One Form Says Otherwise, It Bills Accordingly.
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A 66-year-old who walked out of a $220,000 job last summer opens her first 2026 Medicare statement and finds a Part B bill of $527.50 a month instead of the standard $202.90. She has been retired for eight months. Her income this year will land closer to $80,000. Medicare has not caught up. The premium is priced off her 2024 tax return, when she was stil
A 66-year-old who walked out of a $220,000 job last summer opens her first 2026 Medicare statement and finds a Part B bill of $527.50 a month instead of the standard $202.90. She has been retired for eight months. Her income this year will land closer to $80,000. Medicare has not caught up. The premium is priced off her 2024 tax return, when she was stil
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