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Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
Why Are Medicare Premiums Withheld From My Benefits If I Paid Medicare Taxes While I Worked?
I worked for over 55 years and contributed to Medicare all those years. Why, now that I have retired, does Social Security still deduct Medicare insurance premiums from my monthly social security benefits?
Hi,
The Medicare taxes collected from wages fund only Part A (Inpatient Hospital) coverage under Medicare. If you sign up for other parts of Medicare then you must pay a monthly premium.
Best, Jerry
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September 24, 2017