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Social Security Matters Ask Rusty – Will my Medicare premium change because I sold investment property?

Dear Rusty: I have questions concerning the deduction of money from my Social Security benefit amount as relates to the sale of investment property. I am 66 years old and have been drawing Social Security since I turned 62. My wife is 56 and is a housewife and has no taxable income. Our income comes from our rental property and my Social Security benefit. I have decided to liquidate two of our properties - one was sold in December 2024, and one is in Escrow and is scheduled to close in March 2025.

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Asking Eric

Dear Eric: Often when I make a comment or tell a story my husband corrects me. If I try and defend what I’ve said, he just implies that I’m wrong and he’s right. It can be embarrassing when we are out socially. Most of the time I let it slide. Because if I try to point out that I’m correct and he’s wrong, he just carries on as if he’s right. At home, I’ll find evidence that proves that I was right. He just goes “Oh.” I explain to him that I am embarrassed by him correcting me in front of others. He doesn’t seem to care. What should I do?

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