Archive for May 2025
Understanding IRMAA – Medicare’s Income-Related Monthly Adjustment Amount
For high income Medicare beneficiaries, there is a stealth tax that can increase the premiums you pay for Medicare. The Income Related Monthly Adjustment Amount (IRMAA) for Medicare Part B (hospital stays) went into effect in 2007, and for Part D (prescription drugs) in 2011. Part B and Part D premiums include an additional surcharge…
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