BiHill
May 12, 2011, 12:35 PM
I am over 65, and I am paying significant dollars monthly for Medicare Part B (Standard 2011 Premium of $115.40/month plus and additional MAGI of $184.50/mo. Since I am still working full time my employer also deducts an additional $180/month for Medicare Tax from me. This is in addition to the $299.90 I am already paying to Medicare Part B.
Should I be paying the Medicare Tax through my employer if I am already 65 and paying for Medicare directly? Is there an opportunity for a waiver process or exemption from the Medicare Tax for my situation?
Thank you in advance for your consideration and advice.
Bill Hill
[email protected]
Should I be paying the Medicare Tax through my employer if I am already 65 and paying for Medicare directly? Is there an opportunity for a waiver process or exemption from the Medicare Tax for my situation?
Thank you in advance for your consideration and advice.
Bill Hill
[email protected]