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01-16-2019, 07:40 AM
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#1
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Recycles dryer sheets
Join Date: Jan 2012
Location: Upstate SC
Posts: 294
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SS and Medicare
Ive been told there are no dumb questions, so here goes. I am having my medicare deducted from my monthly Social Security check. Is this deduction before, or after federal tax is calculated?
I figure somebody here will know. SS.Gov is fairly convoluted.
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01-16-2019, 08:40 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,690
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I'll add another dumb ) question to your OP. Is medicare automatically taken out of SS or do you get to choose?
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"Do not go where the path may lead, go instead where there is no path and leave a trail."
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01-16-2019, 08:44 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Before tax, and you do get to choose.
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"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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01-16-2019, 08:56 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,690
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More dumb questions, is medicare cost based on your income? Assets?
I'm not answering my own questions as this link somewhat explains but I'm sure it gets complicated.
https://www.medicareinteractive.org/...d-asset-limits
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"Do not go where the path may lead, go instead where there is no path and leave a trail."
Ralph Waldo Emerson
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01-16-2019, 09:12 AM
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#5
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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Quote:
Originally Posted by Rianne
I'll add another dumb ) question to your OP. Is medicare automatically taken out of SS or do you get to choose?
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No choice per AARP: https://www.aarp.org/retirement/soci...s-deducted-ss/
Quote:
...if you are signed up for both Social Security and Medicare Part B — the portion of Medicare that provides standard health insurance — the Social Security Administration will automatically deduct the premium from your monthly benefit.
Medicare Part A, which covers hospitalization, is free for anyone who is eligible for Social Security, even if they have not claimed benefits yet.
If you are getting Medicare Part C (additional health coverage through a private insurer) or Part D (prescriptions), you have the option to have the premium deducted from your Social Security benefit or to pay the plan provider directly. If you want the deduction, you will have to contact your part C or D provider to arrange it.
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This is what the SS office told us when we took SS at FRA after paying monthly for medicare.
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“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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01-16-2019, 09:25 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Quote:
Originally Posted by Bestwifeever
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I guess I got that wrong!
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"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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01-16-2019, 11:05 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,455
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If you use Medicare Part B or Part D, beware of income-related monthly adjustment amount (IRMAA): https://www.healthmarkets.com/resour...what-is-irmaa/
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01-17-2019, 10:45 AM
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#8
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Dryer sheet aficionado
Join Date: Apr 2012
Location: San Francisco
Posts: 32
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My husband is paying IRMAA for Part D even though he did not sign up for Part D. He was told by Medicare that he has to pay the IRMAA Part D rather he sign up for it or not. It is straightly base on our total report income.
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01-18-2019, 06:22 PM
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#9
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Recycles dryer sheets
Join Date: Dec 2018
Location: Reno
Posts: 155
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I'm paying a large IRMAA. My Part B payment is $533 a month. I'm in Tier 5. It doesn't seem right as the chart says I should be paying my premium pus $74. I guess I need to call them and see if I can get it adjusted.
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01-18-2019, 06:55 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Dec 2014
Location: St. Charles
Posts: 3,903
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Quote:
Originally Posted by MichaelL
I'm paying a large IRMAA. My Part B payment is $533 a month. I'm in Tier 5. It doesn't seem right as the chart says I should be paying my premium pus $74. I guess I need to call them and see if I can get it adjusted.
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See here https://medicare.com/about-medicare/...-part-b-irmaa/
Looks like $74 is only for part D, Part B is another $294.
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If your not living on the edge, you're taking up too much space.
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01-18-2019, 07:11 PM
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#11
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Recycles dryer sheets
Join Date: Dec 2018
Location: Reno
Posts: 155
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Quote:
Originally Posted by CardsFan
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Right, I read that wrong, but $533 still seems high. As I remember I got a letter that I'd be paying $143, then they hit me with IRMAA and I got a bill for $437 then I got the next bill for $473 and the last one for $533. I've been getting Medicare about a year.
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01-19-2019, 05:39 AM
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#12
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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Quote:
Originally Posted by haha
I guess I got that wrong!
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The payment policy might have.changed fairly recently—when I applied for SS at FRA two years ago and asked about billing, he said so many people just wouldn’t pay the medicare invoice if it wasn’t withheld. So there might be history that prompted the mandatory withholding. (When DH applied in 2015 he might have had a choice.)
I could see that being a problem, plus the costs and headaches of invoicing and receiving individual medicare payments for millions of people on SS are now avoided.
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“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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01-19-2019, 06:18 AM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,013
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Quote:
Originally Posted by Bestwifeever
The payment policy might have.changed fairly recently—when I applied for SS at FRA two years ago and asked about billing, he said so many people just wouldn’t pay the medicare invoice if it wasn’t withheld. So there might be history that prompted the mandatory withholding. (When DH applied in 2015 he might have had a choice.)
I could see that being a problem, plus the costs and headaches of invoicing and receiving individual medicare payments for millions of people on SS are now avoided.
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Yes, I’m sure that would be a big problem!
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Retired since summer 1999.
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01-20-2019, 02:57 PM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,671
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Quote:
Medicare Part A, which covers hospitalization, is free
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Though you do not have to pay for it out of pocket, it's probably not free. Just sayin...
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01-20-2019, 05:14 PM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,233
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Quote:
Originally Posted by mickeyd
Though you do not have to pay for it out of pocket, it's probably not free. Just sayin...
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It is "free" along with a deductible......
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01-20-2019, 06:59 PM
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#16
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Thinks s/he gets paid by the post
Join Date: Jan 2017
Location: Hog Mountian
Posts: 2,077
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Nope. Not free. Check any pay stub...
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