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 ...

Medicare enrollment for 2026 opens on Oct. 15. Do you know what you earned two years ago? Your 2024 income will determine if you’ll pay the Medicare surcharge, or income-related monthly adjustment ...

The Income-Related Monthly Adjustment Amount (IRMAA) is a surcharge applied to Medicare Part B and Part D beneficiaries whose Modified Adjusted Gross Income (MAGI) exceeds certain thresholds.

The IRMAA threshold for 2026 is projected at $109,000 for singles/married filing separately and $218,000 for married filing jointly. Medicare IRMAA income thresholds for 2027 will once again be ...

Question: I missed the 2-Year IRMAA Rule. Now, my Medicare costs are skyrocketing. What are my options? Answer: One of the biggest misconceptions people have about Medicare ahead of retirement is that ...

The income-related monthly adjustment amount (IRMAA) is a component of Medicare funding. It was created in 2003 as part of the Medicare Modernization Act to help increase the financial stability of ...

I’m 64 now, and I’ll turn 65 and go on Medicare in 2026. I had big capital gains in 2024, and I know I’m going to end up paying more for my monthly premiums because my income will be high for that ...

“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 ...

Many of the Americans who are turning 65 soon — or those who qualify earlier due to disability — will face a major financial and healthcare milestone: enrolling in Medicare for the first time. This ...

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 ...