When it comes to Medicare deductions from Social Security, it's important to understand how the process works. The standard Medicare Part B premium in 2024 is $170.10, but this amount can vary based on income. For individuals with higher incomes, the premium can be higher due to income-related monthly adjustment amounts (IRMAA). The IRMAA is an additional amount that some people have to pay on top of their Part B premium and is based on their modified adjusted gross income from two years ago. For example, for 2024, the IRMAA is based on the 2022 income. The standard Part B premium is typically deducted directly from Social Security benefits, so the actual amount deducted can vary based on the individual's circumstances. It's important to note that the Medicare Part B premium is just one component of Medicare costs, and there may be additional expenses for prescription drug coverage (Part D) and other services. Understanding these deductions and costs is crucial for individuals relying on Social Security benefits for their healthcare coverage. In summary, the Medicare deduction from Social Security can vary, with the standard Part B premium being $170.10 in 2024, subject to potential adjustments based on income.