Medicare

Should I File The Form SSA-131 That Social Security Sent To Me?

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Form SSA 131.

I retired in 2019 at age of 70 1/2 and was paid the unused vacation hours. I have been receiving social security and filed for Medicare B. Since the B premium is based on the level of income, I planned on asking Social Security to adjust the unused vacation pay in 2021.

I asked the employer to provide me letter of this extra income. They sent me form SSA 131. Should I file it with SSA? Would it affect my SSA pay?

Hi,

If I Start Drawing Social Security Do I Need To Enroll In Parts A,B,C & D Of Medicare Right Away?

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I am 68 still working , have not started social security and I'm covered for medical and prescriptions through my job. I am working on filling in the calculator but may need to start SS due to financial issues. If I do, so I need to start Medicare A,B,C and D right away.

Hi,

Does My Appeal Have Any Merit?

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I was stunned to find out that SSA will surcharge Medicare payments for all capital gains on the sale of your primary home.(1/3 of a 2 family in my case) Thankfully for one calendar year only. I was at FRA in 2018, the year I sold my house, but delayed claim until the end of of 2019 for the increased benifit. I was notified of the surcharge shortly after my claim. I filed an appeal:
1-based on that it was , partially (1/3) my primary residence for 20 years, and I have no intention of buying another house again.

If My Wife And I File A Joint Tax Return Will We Both Be Required To Pay Higher Premiums For Medicare?

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Both my wife and I collect Social Security. I am still working full time and I earn military retirement pay. My wife works 1 day per week and has very low income. I am 67 and already on Medicare. My wife will turn 65 in may 2020. Our AGI on our joint tax return has required me to pay an IRMAA each year, taken directly out of my Social Security payment. I earn about 90% of the income in our AGI on our tax return.

Can I Pay My Medicare Premiums Monthly Rather Than Quarterly?

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I received my first Medicare pre,ium bill, and was surprised to find that the amount due is based on a quarterly payment schedule.
Can I instead pay monthly?

Hi,

Probably not. Part B Medicare premiums are billed on a quarterly basis if they can't be withheld from a person's benefits, although if a person is also paying premiums for Part A of Medicare then they're billed monthly. If and when you start drawing Social Security benefits, your Part B premiums will then be deducted on a monthly basis.

Best, Jerry