Does anyone pay more for medicare due to investment income

[forumposter100]

For the last couple years I have been paying more for my medicare due to investment income that is getting converted in my IRA by financial adv.  I have also been working with SSA on an issue for awhile and I have been asked a few times when they speak to me why is my medicare amount x instead of y.  I just replies its due to investment income and that changes my threshold to next level.  I am surprised this triggers comments from SSA rep anyone else experience this? I do not work even a little so no income from work

[newdawn]

For the last couple years I have been paying more for my medicare due to investment income that is getting converted in my IRA by financial adv.  I have also been working with SSA on an issue for awhile and I have been asked a few times when they speak to me why is my medicare amount x instead of y.  I just replies its due to investment income and that changes my threshold to next level.  I am surprised this triggers comments from SSA rep anyone else experience this? I do not work even a little so no income from work

My mom (retired, not disabled) has paid the higher amounts for Medicare Part B some years due to investment income.

I think my grandma also had to pay a higher amount for Part B back when she was gambling like crazy because while our state allows tax payers to factor in their losses (and believe me, the house always wins when it comes to the slots), the IRS only counts "winnings".

"Winnings" in quotes because my grandma may have "won" sometimes but you can request a printout from the casino every year come tax season and it shows in black and white how much you lost at the casino that year, even accounting for "winnings". Very eye-opening.

Thankfully grandma no longer gambles and still has some retirement money left, though it would have been better if we had figured out sooner how much she was spending/losing at the casino every year.

Here's a link for those who may be unaware that those of us paying around $150 for Part B are actually getting a a bit of a "break" compared to those who have to pay at one of the higher tiers based on income:

https://www.medicare.gov/your-medicare-costs/part-b-costs