Dear Toni,
I turned 65 in November and enrolled in Medicare. I received a letter from Social Security stating I must pay $527.50 for Part B and $70 for Part D totaling $597.50 monthly. The IRS states that my income was $375,000 in 2022.
The high income level is because my husband was working in 2022. Charlie passed away in February, and my income now is only my Social Security check of $2,400 a month to pay bills.
How do I inform Social Security that my income has changed because I am no longer receiving my husband’s income? I have heard from friends that you are aware of a unique way I can bring my Medicare premiums to a lower, affordable amount.