by Leah Woodly
This video breaks down everything you need to know about Income-Related Monthly Adjustment Amount (IRMAA) and how it affects your Medicare Part B and Part D premiums. IRMAA could increase your monthly Medicare costs if your income exceeds certain thresholds.
We cover:
- What IRMAA is and how it works
- Income thresholds and premium adjustments
- How to appeal an IRMAA decision
- Tips for managing your income to avoid or reduce IRMAA charges
- Whether you’re nearing retirement or already enrolled in Medicare, understanding IRMAA can help you avoid surprise costs and plan ahead.
Helpful links:
- SSA Form SSA-44 for IRMAA Appeals: https://www.ssa.gov/forms/ssa-44.pdf
- More info on IRMAA from Medicare.gov: https://secure.ssa.gov/poms.nsf/lnx/0601101020

