Which Month's Medicare Premium Will Be Withheld From My Social Security Benefit For July That's Paid In August?
Larry
1. I have set up a program at BofA to pay both my Medicare B and D by the due date of the 25-th day of the preceding month.
2. My social security begins for the month of July, and is deposited in August on the 2nd, third, or 4th Wednesday of August
3. Assuming no delay in switchover.
(a) Will the net SS payment for July in August be net of the Medicare bill for August due by July 25-th (THEN IT WILL BE LATE) or that for September due by August 25-th. What if the 4-th Wednesday is after the 25-th ?