Talk of The Villages Florida - View Single Post - 5.9% Adjustments Coming
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Old 10-14-2021, 05:43 AM
rustyp rustyp is offline
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Quote:
Originally Posted by manaboutown View Post
Many folks pay more than $148/mo. Some are paying an additional $504.90/mo.

It is like your income is high enough you must pay $15 for a $5 hamburger at Mickey D's. Just another confiscatory tax.
Quote:
Originally Posted by rustyp View Post
And the point is ???

The average social security check in USA is $1400/month
The medicare premium for 2021 was $148/month

Thus the average raises will be:
- Social security +$84/month
- Max Medicare premium will be +$10/month
Likewise many folks collect more than $1400/month SSI.
FYI Your reported income needs to be $500,000 to have a Medicare premium of $504.90 and that is the total premium not additional. Thus their premium is +$356.40 higher than the average Joe. Oh I can't imagine how those $500K AGI seniors are making ends meet.

Last edited by rustyp; 10-14-2021 at 05:54 AM.