IRMAA is a surcharge added to your Medicare Part B and Medicare Part D prescription drug coverage premiums if your income is ...

If you have Medicare Part B and/or Medicare Part D prescription drug coverage, you could owe a monthly surcharge based on an income related monthly adjustment amount (IRMAA.) The IRMAA is calculated ...

A retiree with $220,000 in combined income from Social Security, pension payments, and investment returns will pay $3,409 for Medicare Part B in 2026, while someone earning $215,000 pays just $2,435.

Medicare Part B premiums rose to $185 per month in 2026, an increase from the prior year that translates to less annual ...

Most retirees spend years planning for taxes, Social Security timing, and portfolio withdrawals - but there's one charge that ...

The income-related monthly adjustment amount (IRMAA) applies to Medicare beneficiaries with incomes above a certain amount. It only applies to Medicare parts B and D. The IRMAA is a surcharge based on ...

“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 ...

Medicare recipients who reach a certain income level must pay a surcharge in the form of an Income Related Monthly Adjustment Amount, or IRMAA. This charge is in addition to your Medicare Part B and ...

Forbes contributors publish independent expert analyses and insights. Diane Omdahl is a Medicare expert who keeps her readers in the know. On November 8, the Centers for Medicare and Medicaid Services ...

An income-related monthly adjustment amount (IRMAA) is a surcharge added to your monthly Medicare Part B and Part D premiums based on your annual income. Many parts of Medicare involve paying a ...