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

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

A retiree with $220,000 in combined income from Social Security, pension payments, and investment returns will pay $3,409 for ...

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 ...

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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 ...

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 ...

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 ...

There is an old saying for investors: “Don’t let the tax tail wag the investment dog.” For many years, this was good advice. But in recent years, taxes have become more complex and egregious, to the ...

Medicare Part B premiums are $202.90 per month in 2026 for most, but not all, seniors who are covered by this popular ...