MEDICARE AND RETIREMENT WORKBOOK
If you think you'll have a Part B income-related adjustment amount, this chart will help you determine what you'll pay.
2021 Income If your yearly income in 2021 (for what you pay in 2023) was:
File individual tax return file joint tax return you pay each month
$97,000 or less
$194,000 or less
$164.90
Above $97,000 and less than $123,000 Above $123,000 and less than $153,000 Above $153,000 and less than $183,000 Above $183,000 and less than $500,000
Above $194,000 and less than $246,000 Above $246,000 and less than $306,000 Above $306,000 and less than $366,000 Above $366,000 and less than $750,000
$230.80
$329.70
$428.60
$527.50
$500,000 and above
$750,000 and above
$560.50
Coverage beyond original Medicare – Why do I need it? Four important things additional coverage will do for you: • Reduce or eliminate costs for covered services and possibly reduce your Part B premium amount; • Set an annual limit on your medical spending for covered services so you can better manage expenses; • Provide affordable prescription drug coverage not included in Original Medicare; • Include valuable extra benefits not included in Original Medicare, such as dental, vision and hearing coverage. Some plan options even include an allowance for over-the-counter wellness items and a no-cost gym membership. Simply put, the benefits of Original Medicare are limited and may not meet all your healthcare needs. There are many different options for Medicare beneficiaries, some as low as $0 in additional premium.
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ALERA GROUP
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