Dear Toni,
I am over 73 and began taking my required minimum distributions from my 401(k) when I turned 72. Could this have increased my Medicare Part B premium for 2023?
This year my monthly premiums increased to $329.70 for Part B and an extra income-related monthly adjusted amount premium of $31.50 for Part D.
I am married, and my wife began a new job in 2021 with a higher salary. Since we are filing jointly, could this have increased my Medicare premiums? She has recently been laid off and our joint income has changed drastically. What can I do?
– James from Pearland, Texas