Social Security
Social Security is reducing my PIA by a $185 “insurance” deduction then also deducting another $185 for Medicare. This is resulting in me being charged $370.00 a month for “insurance” by Social Security. No, I’m not a high earner. According to the Medicare letter I received today, they only have knowledge of one premium payment of $185 a month being deducted by Social Security. What kind of atty do I need to talk to and/or do you know of any class action fraud suits against Social Security for this?
Terry Says
Wait — first you need to independently determine what your monthly benefit SHOULD be.
For that, go to www.maximizemysocialsecurity.com, and input the information securely.
The standard Medicare premium deduction for 2025 is $185/month.
BUT if you earn above certain levels (single or joint return), there is a surcharge, and that could be the reason for the additional insurance deduction. See the below:
The 2025 IRMAA brackets for Medicare are as follows:
Single Filers:
Income up to $106,000: No surcharge
Income between $106,000 and $136,000: $65.90 surcharge
Income between $136,000 and $165,000: $164.90 surcharge
Income between $165,000 and $500,000: $263.90 surcharge
Income above $500,000: $392.70 surcharge
Joint Filers:
Income up to $212,000: No surcharge
Income between $212,000 and $272,000: $65.90 surcharge
Income between $272,000 and $330,000: $164.90 surcharge
Income between $330,000 and $750,000: $263.90 surcharge
Income above $750,000: $392.70 surcharge
These brackets determine the additional amount some individuals may have to pay for their Medicare Part B and Part D coverage based on their income.
And if this still doesn’t sort out your situation, please write back to the email you receive saying your question has been answered. Give me your phone number when you respond.
