📋 What if My Medicare Premium is More Than Social Security? (AARP Article)

@SummerOnTheWay1 

It use to happen a lot more with folks for whom the Government Pension Offset (GPO) or the Windfall Elimination Provision reduced their Social Security benefit.

But that is not the case anymore since Congress eliminated both of these with the Social Security Fairness Act at the end of last year.

Now with the added Social Security benefit these folks are now getting, they find themselves on the other end of the equation - depending on their adjusted amount and any back payment,

• They may have to pay a higher Part B premium if the IRMAA begins to affect them and their income.  
• They may also own taxes on their benefits - or much more taxes on their benefits
• then there is the group where they are losing their Medicare Savings Program and are now having to pay the Part B premium for the 1st time.
• And/or they maybe losing their Medicaid that works with their Medicare

Always got to look out for those unintended consequences with one gets a windfall/