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Well IRMAA is NOT a beautiful woman! IRMAA (Income Related Monthly Adjustment Amount) is a surcharge added to the Medicare Part B and Medicare Part D
IRMAA for 2024 Medicare Part B and Part D Premiums If you have Medicare Part B and/or Medicare Part D prescription drug coverage, you could owe a monthly surcharge based on an income related monthly adjustment amount (IRMAA.) The IRMAA is calculated on a sliding scale with five income brackets topping out at $500,000 and $750,000 for individual and joint filing, respectively. These figures change annually with inflation. IRMAA calculations have a two-year lag time. Whether you pay an IRMAA in 20
Medicare participants with an income above the threshold must pay a surcharge based on their income.