Frequently Asked Questions about IRMAA: Higher Incomes and Costs

If you are paying IRMAA (the Income-Related Monthly Adjustment Amount), this means that, based on your income, you will pay higher premiums for your Medicare Part B and Medicare Part D coverage. As . . .

If you are a person who has higher annual earnings, the Income-Related Monthly Adjustment Amount (or IRMAA) is an additional amount that you pay for your monthly Medicare Part D prescription drug plan . . .

You can ask the Social Security Administration to reconsider your income-related monthly adjustment amount or IRMAA. As noted by the Social Security Administration:  If your income has gone d . . .

Your most recent Federal income tax returns are used to determine whether you pay an income-related monthly adjustment amount or IRMAA - however, this means that your current IRMAA is determined by yo . . .

Yes.   If you are a Medicare beneficiary and your annual income (MAGI) exceeds certain limits - and you are enrolled in a Medicare Advantage plan (HMO, PPO, or PFFS) that includes prescripti . . .

You have the right to appeal the Social Security Administration's income-related monthly adjustment amount or IRMAA assessment. As noted by the Social Security Administration: If you disagree wi . . .

The Social Security Administration uses your most recent tax return that was reporting your modified adjusted gross income (MAGI) from two years ago. So 2020 Part B and Part D IRMAA is determined based on your 2018 tax return that was filed in 2019.

Yes.  If you are a Medicare beneficiary who earns a higher income, you can be assessed an Income-Related Monthly Adjustment Amount (IRMAA) that must be paid in addition to your Medicare Part D . . .

You are probably not being charged for Medicare Part D IRMAA, but rather only Medicare Part B IRMAA. Income-Related Monthly Adjustments Amounts (IRMAA) are additional amounts of money charged to . . .

The standard Medicare Part B premium for 2018 is $134.00.  If you are single and filed an individual tax return, or married and filed a joint tax return, the following chart applies to you: . . .

Yes. If  your income has changed and moved you to a lower income-related monthly adjustment amount (IRMAA) bracket, you should consider filing an appeal to have your IRMAA premiums reconsidered . . .

If you are paying IRMAA (the Income-Related Monthly Adjustment Amount), this means that, based on your income, you will pay higher premiums for your Medicare Part B and Medicare Part D coverage. As . . .

Yes.  If your  annual income (MAGI) exceeds certain limits - and you are enrolled in an employer-sponsored Medicare Part D prescription drug plan (PDP) or Medicare Advantage plan with prescr . . .

Yes.   If you are a Medicare beneficiary and your annual income (MAGI) exceeds certain limits - and you are enrolled in a Medicare Advantage plan (HMO, PPO, or PFFS) that includes prescripti . . .

Yes.  If you are a Medicare beneficiary who earns a higher income, you can be assessed an Income-Related Monthly Adjustment Amount (IRMAA) that must be paid in addition to your Medicare Part D . . .

Your monthly Medicare Part D IRMAA (Income-Related Monthly Adjustment Amount) charges will be deducted automatically from your Social Security check.If the amount of your Social Security check is not . . .

You are probably not being charged for Medicare Part D IRMAA, but rather only Medicare Part B IRMAA. Income-Related Monthly Adjustments Amounts (IRMAA) are additional amounts of money charged to . . .

No.  You should not pay an Income Related Monthly Adjustment Amount (IRMAA) for Medicare Part D if you are not enrolled in a Medicare Part D plan. As noted by the Centers for Medicare and Med . . .

Your most recent Federal income tax returns are used to determine whether you pay an income-related monthly adjustment amount or IRMAA - however, this means that your current IRMAA is determined by yo . . .

The Social Security Administration uses your most recent tax return that was reporting your modified adjusted gross income (MAGI) from two years ago. So 2020 Part B and Part D IRMAA is determined based on your 2018 tax return that was filed in 2019.