Every senior on Medicare should be intimately familiar with IRMAA — the initials that stand for Income Related Monthly ...

Medicare recipients who reach a certain income level must pay a surcharge in the form of an Income Related Monthly Adjustment Amount, or IRMAA. This charge is in addition to your Medicare Part B and ...

It’s not a penalty — it’s a surprise tax hike disguised as a Medicare premium.” That’s how I describe one of the sneakiest ...

Having a higher income, especially in retirement, is the ultimate goal. It ensures financial stability, allowing you to maintain your standard of living while giving you the freedom to spend your ...

As you approach retirement age, planning is everything, right down to the pennies. But you could be in for a severe case of sticker shock when you find your Medicare Part B and Part D premiums are ...

Medicare beneficiaries will pay higher Part B premiums and income-related surcharges next year, partially as a result of Covid-related health care expenses during the pandemic and the recent approval ...

Are you one of the 4.7 million higher-income seniors paying Uncle Sam an additional premium surcharge for Medicare coverage? If so, adopting one simple step prior to filing your 2022 federal income ...