Your successful retirement savings could backfire when Medicare bills arrive. The IRMAA surcharge will trap 8.6 million ...

The Social Security Fairness Act could raise your MAGI and trigger IRMAA in 2026–27. Plan now: manage taxable income, file appeals, and consult advisors.

A spike in income could result in costly IRMAA charges on your Medicare premiums. We ask financial planning experts for ...

When it comes to Medicare, premiums don’t always stop at the standard rate. If your income exceeds certain thresholds, you ...

For the more than 65 million Americans who depend on Medicare, 2025 will bring noticeable changes to their healthcare bills. The Centers for Medicare & Medicaid Services (CMS) ha ...

You may also be able to strategically position your income to avoid the IRMAA surcharge altogether. Utilizing full or partial Roth conversions, life insurance policies that have a cash value, health ...

IRMAA stands for income-related monthly adjustment amount. It’s an extra charge added to your Medicare Part B and Part D premiums when your modified adjusted gross income (MAGI) surpasses ...

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 ...

If you disagree with an IRMAA notice, you have 60 days from receiving it to file an appeal. To get started, contact the SSA at 800-772-1213 (TTY: 800-325-0778).

If you do meet the IRMAA and you will be expected pay more, price costs will range from $259-$628 for Part B and $35.30-85.80 for Part D. The standard premium cost for Part B is $185, whilst for ...

What is IRMAA and how does it effect your retirement income? On this episode of Retirement Report, host Hank Parrott is joined by financial advisor Aristotle McDonald to explain IRMAA and taxes on ...

How IRMAA is calculated An individual’s IRMAA calculation is based on their MAGI, together with their tax filing status. Since MAGI gets reported each year, the IRMAA can change every year.