Kiplinger

Medicare Premiums Snafu Affects 250,000 Social Security Recipients

It seems like the simple, hassle-free way to pay your Medicare premiums: Have them withheld from your Social Security benefits.

But now, about 250,000 seniors who opted to have their Medicare premiums taken out of their checks are getting bills for as much as five months of unpaid premiums.

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger5 min read
As the Market Falls, New Retirees Need a Plan
Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down. These days, however, most portfolios have lost value; the
Kiplinger2 min read
Tax-Savvy Charitable Giving With QCDs Can Benefit Both Giver and Receiver
Plenty of retirees like to give back to their communities through charitable donations, but questions often arise over the best way to do that. What approach is efficient, provides the tax benefits you’re after, and also is advantageous for the chari
Kiplinger3 min read
I’ve Inherited a Lot of Money. Now What?
It’s no surprise that many people who inherit millions of dollars are uncertain about what to do with their newfound wealth. The possibilities of becoming a multimillionaire overnight can be overwhelming, especially during a period when most are grie

Related Books & Audiobooks