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I retired in 12/2016 and continued receiving residual income
I retired in 12/2016 and continued receiving residual income in 2017. My new Medicare Part B is based on 2017 tax return AGI but for 2018 my total income is less than $170,000 (married, filing jointly… read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
420 satisfied customers
Social security has taken over 500 dollars from my account
Social security has taken over 500 dollars from my account every month because i did not file taxes back in 2015. can i get that back?… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,379 satisfied customers
My wife received an invoice from Medicare that was $1,400
My wife received an invoice from Medicare that was $1,400 more than it should have been. She contacted Medicare on several occasions to explain the unusual increase. Medicare researched this item seve… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
2,507 satisfied customers
Why are they basing my income and Medicare premium on my
Why are they basing my income and Medicare premium on my income of 2016? Why not my 2017 income now that I am retired and drawing Social Security? … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
28,169 satisfied customers
F. Tayon and everyone I know got a social security raise
My name is***** and everyone I know got a social security raise this year but me. As I understand it all were to get a 21/2 percent raise, maybe 31/2 anyway I didn't... … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,379 satisfied customers
I have 2 questions. My husband is 81 years old tomorrow and
I have 2 questions. My husband is 81 years old tomorrow and I am 83 years old so we have been on Social Security for some years. We both have a Drug plan (each different this year) and the cost is ded… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
6,675 satisfied customers
Medical insurance has been 110.00 dollars for a time. It was
Medical insurance has been 110.00 dollars for a long time. It was increased to 134.00.this year. My 2% benefit was 31.00 dollars.My net increase is 7.00. Very unfair. Also my understanding medical ins… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
6,675 satisfied customers
Why does my wife have $125.00 deducted monthly for medical
why does my wife have $125.00 deducted monthly for medical insurance while I have $134.00 deducted monthly … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
28,169 satisfied customers
Explain how the 2% increase for 2018 is calculated - from
Please explain how the 2% increase for 2018 is calculated - from the monthly amount before deductions, or from the bot***** *****ne after deductions. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
28,169 satisfied customers
I just received my new benefit form from SS indicating the
I just received my new benefit form from SS indicating the 2% increase. My concern is the deduction for Medicare medical insurance. It was raised from $109.00 to $134.00 per month. Just prior to recei… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,379 satisfied customers
Will you explain the following statement from the AARP
will you explain the following statement from the AARP Newsletter regarding who will is subject to the 34.00 monthly increase in the Part B premium: "If you are on Medicare and collecting Social Secur… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
28,169 satisfied customers
Re: My social security awards letter states $127. deduction
Re: My social security awards letter states $127. deduction for Medicare insurance where in a previous letter I was told it should remain at $109. for 2018. There's a law preventing Medicare premiums … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
1,875 satisfied customers
How is the cost for Medicare medical insurance determined.I
How is the cost for Medicare medical insurance determined.I just got my 2018 charge for $134.00 /month deducted from my Social Security check when when my wife and I only have our Social Security chec… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
14,065 satisfied customers
I just received my social security benefits for 2018 and see
I just received my social security benefits for 2018 and see that $134.00 will be deducted for medicare medical insurance. I am 79 and have been on ss and medicare. My income is less than $50.00 annua… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
28,169 satisfied customers
I am on social security disability SSID. It is fairly small
I am on social security disability SSID. It is fairly small payment because I had just enough credit to qualify and earned little in the years prior to disability. However, I am on 9 month trial work … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
3,379 satisfied customers
Is my 2018 social security benefit after deductions going to
Is my 2018 social security benefit after deductions going to be based on my2016 MAGI ? … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
28,169 satisfied customers
I have two questions: first, is it a coincidence that my
I have two questions: first, is it a coincidence that my benefit increase of 0.3% for 2017 is identical to the increase in the deduction for medicare? … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
14,065 satisfied customers
My benefit after 46 yrs. of working is $2500. approx. why is
my benefit after 46 yrs. of working is $2500. approx. why is this being reduce because I choose to keep working after the age of 66. total combine income of all sources in the household is $190,000 … read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 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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