✉news BusinessPersonal Finance first seen 2 d ago, last 1 d ago, peak #14
Working fewer hours at 66? Medicare premiums may not follow
Original: She Is Going Part-Time at 66. Half the Hours, Half the Pay, and a 2027 Medicare Premium Priced on the Full Salary Until She Tells Social Security in Writing
A 66-year-old worker cutting back to part-time faces an unexpected catch: Medicare income-related premiums for 2027 will be set on her current full salary unless she formally notifies Social Security in writing of the income drop. The story highlights how life-changing events such as reduced work hours require documentation to lower Part B and Part D surcharges, and it is being shared as a warning for near-retirees about the paperwork needed to avoid overpaying premiums.
Why now: People approaching retirement are worried about Medicare income-adjusted premiums and the little-known requirement to notify Social Security in writing when income falls.
Social Security AdministrationMedicare
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