What Is Medicare IRMAA and Who Has to Pay It?
IRMAA is an extra amount added to your Part B and Part D premiums if your income is above a certain threshold. It is based on your tax return from two years ago.
Frequently Asked Questions
- How is IRMAA calculated?
- IRMAA is based on your modified adjusted gross income from your tax return two years ago. There are multiple income tiers with increasing surcharges.
- Can I appeal IRMAA?
- Yes. If you had a life-changing event (retirement, marriage, divorce, death of spouse, loss of income), you can file Form SSA-44 to request a reduction.
- Does IRMAA apply to both Part B and Part D?
- Yes. IRMAA surcharges can apply to both your Part B premium and your Part D premium.