Why I’m I paying more Medicare Part B Premium than my next door Neighbor?
Beneficiaries who currently
have the Social Security Administration (SSA) withhold their Part B premium and
have incomes of $85,000 or less (or $170,000 or less for joint filers), pay
$96.40 for their Part B premium.
For all others, the standard Medicare Part B monthly premium is $110.50.
If your income is above $85,000 (single) or $170,000 (married couple), then
your Medicare Part B premium may be higher than $110.50 per month.
Beneficiaries who currently have the part B premium withheld from their Social
Security benefit will pay $96.40.
New Part B beneficiaries will pay $110.50.
Beneficiaries who in the past did not have their Part B premium withheld from
their Social Security benefit will pay $110.50.
Higher-income beneficiaries pay $110.50 plus an additional amount, based on the
income-related monthly adjustment amount (IRMAA).
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