The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Higher Medicare premiums for Top 25%||Date: 4/13/2013 7:53 PM|
|Author: 0x6a74||Number: 71999 of 75379|
I now pay roughly triple the normal Medicare rates, due to the installment sale proceeds from the sale of a business I sacrificed and lived small for many years to build and make successful.
You do realize that even three times the "normal" Medicare premium of $99.90/month (about $3600/year) is only one-third of the $11,000 per beneficiary the Gov't spends on Medicare.
2013 numbers are $104.5
about triple that ,$335.70 for income over $214K *
then. at that income an *extra* $66.6 for part-D
* put another way: with an income of 25k (about average SS income ,iirc), you pay about 5% of that to Medicare;
at 220K, 1.8%
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|