What Is IRMAA and Why Can It Raise Your Medicare Premiums?
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What Is IRMAA and Why Can It Raise Your Medicare Premiums?
Andrew Firmin of Benefit Adivisors Group, LLC in North Andover, MA explains that IRMAA is the income-related monthly adjustment amount, which can cause higher-income Medicare beneficiaries to pay more for Part B and Part D. As Andrew notes, Medicare looks at your adjusted gross income from two years prior, and if your income has changed because ...
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8 million Medicare IRMAA letters will go out this Fall. The letters will be telling people that their Medicare is going up based on the income from 2023. If you don’t want to be one of those people paying more for Medicare than you need to because of an IRMAA surcharge you can watch my IRMAA webinar or attend an inperson local IRMAA workshop in communities around the U.S. We’re adding more workshops every week. Check them out at: www.IRMAAWebinar.com #i#irmaam#medicares#socialsecurityh#healthcar
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