There's a good chance you can get your IRMAA eliminated or reduced if your income has dropped in the past two years.

Medicare increases the monthly premiums for Part B and Part D coverage if your income is higher than certain limits. To avoid these surcharges, you can reduce your modified adjusted gross income. If ...

The Social Security Administration (SSA) determines a person’s income-related monthly adjusted amount (IRMAA) based on their tax information from the Internal Revenue Service (IRS). Medicare ...

The income-related monthly adjustment amount (IRMAA) is one of the most significant and stealthy retirement taxes, effectively raising the cost of Medicare Part B and Part D premiums for those with ...

Higher income retirees are on track to shoulder larger Medicare bills in 2026, as new income brackets push more people into ...

“Your retirement income could trigger a Medicare penalty you didn’t even know existed.” Most retirees think of Medicare as a safety net — a predictable, reliable program that helps cover health ...

Letters will go out soon for those who will have to pay extra next year for their Part B and D premiums If you have a question about IRMAA or recently got a letter from Social Security about it, let ...

I enrolled in a $0 premium Medicare Advantage plan to begin April 1st when I turn 65. I chose to disenroll from my husband’s employer benefits because my monthly premium is $0, making it more ...

Since 2007, the Medicare Modernization Act of 2003 has required high-income Medicare enrollees to pay an Income-Related Monthly Adjustment Amount surcharge, or IRMAA, on their Medicare Part B premiums ...

Forbes contributors publish independent expert analyses and insights. Diane Omdahl is a Medicare expert who keeps her readers in the know. On November 14, the Centers for Medicare and Medicaid ...

I enrolled in a $0 premium Medicare Advantage plan to begin April 1st when I turn 65. I chose to disenroll from my husband’s employer benefits because my monthly premium is $0, making it more ...