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

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 ...

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

Income-related monthly adjustment amounts (IRMAAs) refer to an amount a person pays in addition to their Medicare premiums if their income is above a certain level. IRMAAs are based on a person’s ...

In 2025, you may have to pay the Medicare IRMAA if you make more than $106,000 as a single filer or $212,000 as a joint filer. In 2026, IRMAA thresholds are $109,000 and $218,000. Many, or all, of the ...

When it comes to Medicare, premiums don’t always stop at the standard rate. If your income exceeds certain thresholds, you may pay more through the income-related monthly adjustment amount, better ...

One of the big mysteries for me has always been how do Medicare and Social Security work when I go to actually start utilizing them. We pay into them for decades of our working life, but most ...

The Inflation Reduction of Act of 2022 included improvements to Medicare Part D, and some have already been enacted—$35 insulin, no more member cost share in the catastrophic phase of coverage, and ...

Single filers and those with other filing statuses have lower thresholds. Each year, Medicare adjusts these brackets for inflation, so plan for annual changes. Even a modest IRMAA surcharge can ...