Talk of The Villages Florida - View Single Post - Medicare supplement
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Old 11-19-2020, 07:51 PM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by heims01 View Post
The max income for a married couple filing jointly is 176K a year. If your making more than that after retirement taxable, more power to you and what the heck are you doing in a low rent retirement community? Just kidding. They call it irma(income related monthly adjustments)! In 2021 the
max adjustment makes part b 504.90 a month for income over 750K. It also raises your cost for Part
D.
I understand the concept of progressive tax rates based on income. But, Medicare Part B is a product that has different prices for the same thing based on income. It's like buying a television at Best Buy and paying more because you have a higher income. I don't think many people would accept that idea.