Social Security

Are Medicare Premiums Deducted From Your Social Security?

Yes. If you are already collecting your Social Security benefits or Railroad Retirement benefits, your Medicare Part B monthly premiums will be deducted from your monthly Social Security benefits.  The same federal administration oversees both programs, so they coordinate your benefits easily. Since the cost is deducted from your benefit, you don’t need to worry …

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Social Security Disability Insurance vs. Social Security Income

Social Security Disability Insurance (SSDI) and Social Security Income (SSI) differ in their qualification requirements, their monthly pay averages, when benefits begin, and which medical insurance recipients qualify for. Both benefit programs are administered by the Social Security Administration, but they differ widely between these categories. Generally, SSDI is for people who have a long …

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