The income-related monthly adjustment amount (IRMAA) increases MedicarePartB and Part D premiums for certain high-income enrollees. It’s based on tax returns from two years prior.
The Centers for Medicare & Medicaid Services (CMS) calculates the MedicarePartB monthly premium amounts and the income-related monthly adjustment amount (IRMAA).
Income-Related Monthly Adjustment Amount (IRMAA) The Income-Related Monthly Adjustment Amount (IRMAA) is an amount you may pay in addition to your PartB or Part D premium if your income is above a certain level.
IRMAA (Income-Related Monthly Adjustment Amount) is an additional charge you have to pay for Medicare Part B and Part D if you make more than $106,000 filing solo or $212,000 filing jointly.
Short version: IRMAA is an income-based surcharge added to your Medicare Part B and Part D premiums. It’s based on your Modified Adjusted Gross Income (MAGI) from two years ago —so your 2024 tax return is used for 2026. The higher your income bracket, the larger the surcharge.
IRMAA is a surcharge that some Medicare enrollees must pay in addition to regular MedicarePartB and Part D premiums. The surcharge is based on your Modified Adjusted Gross Income (MAGI)...
What Is IRMAA? IRMAA — or Income-Related Monthly Adjustment Amount — is an extra amount that certain Medicare beneficiaries pay on top of their standard Medicare Part B and Part D premiums. It ensures that higher-income individuals contribute more toward the Medicare program.
Medicare IRMAA (short for income-related monthly adjustment amount) is an income-based additional fee that qualifying individuals or couples pay on top of their existing Part B and Part D...
IRMAA is an additional amount that some Medicare beneficiaries must pay on top of their standard MedicarePartB and Part D premiums. It applies only to individuals or couples whose income exceeds a certain threshold, and it’s based on your reported income from two years prior.
People with higher incomes may have to pay more for their MedicarePartB and Part D monthly premiums. This is called the Income-Related Monthly Adjusted Amount, or IRMAA.
