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Personal Finance and Investing

(53,001 posts)

5. If those RMDs raise your income above $87,000 (single) or

Mon Dec 9, 2019, 04:42 PM

Dec 2019

$174,000 (married), then your Part B goes up. The max is like $491.60 a month at $500,000 a person or $750,000 a couple.

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Man, the Social Security laws are written to screw you if [View all] sinkingfeeling Dec 2019 OP

Good lord,I was completely unaware of this type of thing. virgogal Dec 2019 #1

It will go back to whatever 2021 premium will be based on this sinkingfeeling Dec 2019 #3

I wonder if that applies to those over 70.5 Sherman A1 Dec 2019 #4

If those RMDs raise your income above $87,000 (single) or sinkingfeeling Dec 2019 #5

I should be well under those numbers, but it still sucks Sherman A1 Dec 2019 #6

ss routinely cheats other groups of ppl as well nt msongs Dec 2019 #9

Not SS, but our past congresses and presidents KPN Dec 2019 #13

I had no IRA to roll the cashed out one into. I also was already sinkingfeeling Dec 2019 #11

A person can be retired with no IRA and get a BDA-IRA set up. progree Dec 2019 #12

The problem seems to be that your sister's trust required you to cash in her IRA. PoindexterOglethorpe Dec 2019 #14

You are correct. sinkingfeeling Dec 2019 #15

That may likewise be true. PoindexterOglethorpe Dec 2019 #17