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Is there a way around huge jump in Part monthly adjustment
Second opinion] Hi, is there a way around huge jump in Part B monthly adjustment when taking retirement fund out to pay off house? … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,944 satisfied customers
My wife (70) and I (71) recently received SSA letters saying
My wife (70) and I (71) recently received SSA letters saying that - based on our 2017 income, our monthly deductions for Medicare Part B premiums would be increased substantially. I was not aware of t… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,330 satisfied customers
I am being asked by Social Security to pay an additional 297
I am being asked by Social Security to pay an additional 297 dollars a month for my medicare part b, based on income I received in 2017. I am eligible for medicare in January 2019. Why isn't my medica… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,944 satisfied customers
Just received my SS info for next year. They have increased
Just received my SS info for next year. They have increased my benefit deduction saying I had an increase in income for 2017. This increase ia due to a capital gain on sale of some rental property. I … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,944 satisfied customers
I retired in February, 2018. I am 75 years old. I need to
Hi. I retired in February, 2018. I am 75 years old. I need to get my medicare premiums reduced as my income as dropped by $35,000 per year. How do I do that? Thanks. … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,330 satisfied customers
I retired in 2017 and was assigned a high medicare payment.
I retired in 2017 and was assigned a high medicare payment. I had retention and severance payments that inflated my income. Currently I receive a pension, misc income and social security. How can I ge… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,330 satisfied customers
I hope to retire next year and have some questions.
I hope to retire next year and have some questions. Specifically regarding medicare premiums for higher income earners. I understand that my first premiums are based on my most recent tax return (2018… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,330 satisfied customers
Does the run out of a one year severance package qualify as
Does the run out of a one year severance package qualify as a life changing event? I retired in 2015 and received severance pay in 2016. My 2017 joint income is well below the IRMAA threshold. I reque… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,330 satisfied customers
I am a 72 year old widower - I had been getting survivors SS
I am a 72 year old widower - I had been getting survivors SS benefits under my spouses record after she died in 2012 at age 68. When I filed for my own SS benefits at age 70 I lost her survivors benef… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,330 satisfied customers
I would like to appeal the IRMMA AMOUNT. I officially
I would like to appeal the IRMMA AMOUNT. I officially stopped working in 2017 and will have no earned income in 2018. My total income will be Social Security and interest on my investments. I have no … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,818 satisfied customers
I am told that I need to fill out SSA -44 to reduce my
I am told that I need to fill out SSA -44 to reduce my Medicare payment. I was divorced last year and Ma making 84000 per year instead of what ever is stated onmy account. Lsart year I did file single… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,681 satisfied customers
If I overestimate our income and pay a higher IRMAA, will I
If I overestimate our income and pay a higher IRMAA, will I get that back at a later date. Conversely, if I underestimate our income, is there a penalty in addition to the make up for the underpayment… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,818 satisfied customers
I stopped working in 09/17 and I'm receiving Part benefits
I stopped working in 09/17 and I'm receiving Part B benefits as of 11/01/17. … read more
Carter McBride
Carter McBride
LLM
1,541 satisfied customers
My husband is an attorney and we file together as a married
My husband is an attorney and we file together as a married couple. He is 71 and I am 70. In 2014 he settled a case for $900K. Our social security benefits were cut almost in half based on increased M… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
13,818 satisfied customers
My husband was getting 1700.00 dollars a month. This month
My husband was getting 1700.00 dollars a month. This month it changed to 1445.00, and we don't know why. His social security number is *********. Thank you.… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,944 satisfied customers
I got a sheet saying that my social security payment would
I got a sheet saying that my social security payment would be reduced because I made over $100,000. This was based on my 2013 Fed. tax return. Apparently when the letter was drafted, my 2014 tax form … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,944 satisfied customers
Up until January 2016 my annual SS check was $2,138, in
Up until January 2016 my annual SS check was $2,138, in January 2016 my SS Check was $1,873.20, a reduction of $264.80. Why was there a reduction of my benwefits?… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,944 satisfied customers
I am shocked that I have to pay $404 more a month for my Medicare
I am shocked that I have to pay $404 more a month for my Medicare per a letter from Social Security since I sold some land in 2011 to avoid bankruptcy due to the slow economy. Is there no way to avoid… read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,278 satisfied customers
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Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

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