He Retired in June and Medicare Billed Him $5,400 Extra for the Year, Off a Tax Return From When He Still Had a Salary. He Told Them He’d Retired, and the Bill Went Back to the Standard Premium
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The post He Retired in June and Medicare Billed Him $5,400 Extra for the Year, Off a Tax Return From When He Still Had a Salary. He Told Them He’d Retired, and the Bill Went Back to the Standard Premium appeared first on 24/7 Wall St..
Medicare beneficiaries who retired this year may be paying a premium surcharge based on a salary they no longer earn. The reason is that Medicare’s income-related monthly adjustment amount (IRMAA) comes from a federal tax return filed two years earlier
Medicare beneficiaries who retired this year may be paying a premium surcharge based on a salary they no longer earn. The reason is that Medicare’s income-related monthly adjustment amount (IRMAA) comes from a federal tax return filed two years earlier
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