How Do the Extra Medicare Premiums for High Earners Work?
From the Money website
Medicare beneficiaries whose income exceeds certain thresholds must pay more in monthly premiums for Part B doctor coverage and Part D drug coverage.
These income-adjusted premiums apply to single tax filers (and those married filing separately) with incomes of more than $85,000 and married couples filing jointly with incomes of more than $170,000. Fewer than 5% of Medicare beneficiaries have incomes above these thresholds and thus pay these higher rates, which are known as income related monthly adjustment amounts, or IRMAA.
Retiree News 
Comments are closed.