Introduction The landscape of Medicare is ever-evolving, and one crucial aspect that Medicare beneficiaries must stay abreast of is the Income-Related Monthly Adjustment Amount (IRMAA). As we step into 2024, understanding the nuances of the latest IRMAA rules is very...
Dear Matt, I understand IRMAA impacts both my Medicare Part B premiums, as well as my Medicare Part D costs. I turn 65 soon and am considering buying a Medicare Advantage Plan. If I buy a Medicare Part C plan (Medicare Advantage), can I avoid an IRMAA charge? Thanks,...
Dear Matt, When referring to IRMAA in your book you say, “if you make a lot of money or have a lot of money, you pay more for Medicare.” What is your definition of a lot of money? What “counts” towards IRMAA? Many thanks! Stephanie S. Stephanie, It...