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How to inform Medicare that your income is lower.

How to inform Medicare that your income is lower.

by Toni King | Feb 6, 2025 | Medicare, Social Security

How to inform Medicare that your income is lower.   Dear Toni, I began taking my RMDs (Required Minimum Distributions) from my 401(k) when I turned 72 and my Medicare premium in 2025 is $480.90 for Part B and $57.00 for Part D. Did taking my RMD with my Social...
Will A Medicare Advantage Plan with Prescription Drugs Prevent the “Extra” Part D Premium?

Will A Medicare Advantage Plan with Prescription Drugs Prevent the “Extra” Part D Premium?

by Toni King | Sep 6, 2022 | Medicare Advantage Plans, Toni Says

Will A Medicare Advantage Plan with Prescription Drugs Prevent the “Extra” Part D Premium? Hello Toni: I am turning 65 in October, self-employed and my income is over $250K. Recently I received a letter from SSA telling me that my monthly Medicare Part B premium of...

Why am I Charged Extra for My Part D Drug Plan?

by Toni King | Mar 7, 2014 | Enrolling in Medicare, Medicare Part D, Toni Says

  Hello Toni:              I have your Medicare Survival Guide, but I still am confused on an issue. My husband retired from an oil company with full benefits. We have both turned 65 this year and will now be going on Medicare. His company has automatically enrolled...

Why Is My Part B $335.70 and Not $104.90?? Something is Really Wrong!!

by Toni King | Dec 21, 2013 | Toni Says

Dear Toni:             I retired last March and my income was over $300,000.  I was surprised to learn that Medicare Parts B and D are both income based and I have to pay $335.70 for Part B and $69.30 for Part D, totaling $405.00 monthly from my Social Security check....

Does the “IRMAA” Income Rule to Medicare Part D Affect You???

by Toni King | Aug 21, 2013 | Toni Says

Reader Alert: 8 weeks to October 15th…Medicare’s Open Enrollment Countdown… Dear Toni:             I am 68 and have been on Medicare for 3 years with the same $0 premium Medicare Advantage HMO that has Medicare Prescription Drug plan included but recently I received a...

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