275/55R20 is 0.69" taller than 285/50R20, a +2.21% change in diameter, inside the 3% range most shops treat as a safe swap.
Ground clearance changes by 0.34" (half the diameter change), and the tire needs 0.34" more room above it.
285/50R20 is 0.39" wider. On the same wheel offset about half of that, 0.20", moves toward the suspension and half toward the fender.
Both fit a 20" wheel; the sidewall is 0.34" taller on 275/55R20.
Details: 285/50R20 in inches · 275/55R20 in inches · change sizes in the calculator