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keeperumiami
keeperumiami, Senior Tax Expert & Financial Planner
Category: Social Security
Satisfied Customers: 6172
Experience:  Sr Tax Expert/Financial PlannerCPA/PFS (retired)Over forty years of advising individuals & small businesses
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I HAVE BEEN ON SOCIAL SECURITY YEARS, NOW THEY took

Customer Question

I HAVE BEEN ON SOCIAL SECURITY FOR ELEVEN YEARS, NOW THEY took 66.00 out of my check , cause I made to much money, Sold my house and invested the money, Made 90,000
Why is this?
Submitted: 6 months ago.
Category: Social Security
Expert:  keeperumiami replied 6 months ago.
It has to do with the increased Medicare premium that is being withheld from your Social Security check. It is not an adjustment of your Social Security benefit, it is 100% due to the increased Medicare Premium based upon your increase in income for Medicare purposes.
Expert:  keeperumiami replied 6 months ago.
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