2024 Annual Cost-Sharing Limits. Since we will blend CY 2024 risk scores using 67% of the risk scores under the current risk adjustment model and 33% of the risk scores under the finalized 2024 risk adjustment model, the bottom line table reflects the blend of the MA risk score trends under the two models, yielding a 4. 80 in. Part B IRMAA Brackets: Individuals with a 2021 income of $97,000 or less (or married couples filing jointly with an income of $194,000 or less) will pay the standard Part B premium of $164. 50 in 2024. The standard Part B Premium REDUCED $5. April 1, 2023. CMS just announced the updated Part B premiums for 2024. Oct 12, 2023. For 2024, the threshold where the surcharge starts to be added will increase again, to $103,000 for a single person and $206,000 for a married couple, up from $97,000 and $194,000, respectively, in 2023. 50. Average 2024 Medicare Advantage (MA) premiums and deductibles, among other key information, are released annually in September with the MA & Part D Landscape. Tax Tables. 50 in 2021, up from $144. 10% – $0 to $23,200 12% – Over $23,200 to $94,300 22% – Over $94,300 to $201,050 24% – Over $201,050 to $383,900How Is the Medicare Part D Benefit Changing in 2024? In 2024, costs in the catastrophic phase will change: the 5% coinsurance requirement for Part D enrollees will be eliminated and Part D plans. Income Tax Brackets for 2024 Are Set;. For any other filing status, the threshold is $97,000. The annual deductible for all Medicare Part B beneficiaries will be $240 in. 8 Billion in 2022 and Continues to. Standard monthly premiums are slated to rise by $9. 70 per month in 2022 under CRS estimates, and $234. “If the reduction in your income in 2020 was enough to move you to a lower IRMAA bracket, you may. If taxable income is over $22,000 but not over $89,450; the tax is $2,200. 2024 IRMAA: Slight increase in Medicare Part D IRMAA payments for some along with changes in the IRMAA brackets. 2024 Medicare Parts A & B Premiums and Deductibles. or $7. CMS will phase-in certain updates, and on average, CMS anticipates a payment increase for MA plans of 3. ) Tax-Free. 2024 Arizona Part D Plans; 2024 Alaska Part D Plans; 2024 Alabama Part D Plans; 2024 Medicare Costs; P: (877) 410-9594. From 2022 to 2023 the CPI-U, if inflation remains constant, will increase by 5. Search query. 020 - IRMAA Sliding Scale Tables - 12/30. The standard monthly premium for Medicare Part B enrollees will be $148. So Medicare should announce the official 2023 IRMAA brackets in November or December 2022. 4th. In 2022, the standard monthly premium for Part B is $170. The standard monthly premium for Medicare Part B enrollees will be $174. On October 12, 2023, the Centers for Medicare & Medicaid Services (CMS) released the 2024 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2024 Medicare Part D income-related monthly adjustment amounts. 20 from $170. 60 per month , up from $230. 90 in 2023, which is down $5. If you earn more. Doing so can help keep you in a lower IRMAA bracket in subsequent years, notes. mil. For 2024, if your income is greater than $103,000 and less than $397,000 the IRMAA amount is $384. In 2023, with the inflation adjustment to the IRMAA brackets, you will no longer have a Part D or Part B IRMAA payment. The standard monthly premium for Medicare Part B enrollees will be $174. However, for those above the IRMAA threshold, premiums range between $230. * Plus all applicable surcharges, minus Medicare Advantage. The highest IRMAA tier is for those with incomes that exceed $750,000 for married, filing jointly and $500,000 for single filers. There are carriers in 2024 offering plans for $0 monthly and most of iHealthBrokers clients pay. On October 12, 2023, the Centers for Medicare & Medicaid Services (CMS) released the 2024 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2024 Medicare Part D income-related monthly adjustment amounts. Has Social Security announced what MAGI amounts will be used in calculating 2024 Medicare premiums?. 10 a month in 2022. 2024 Part B premium Will Be $174. 28, the 2024 Part D base beneficiary premium is $34. Individual MAGI Couple MAGI Part B Part D (per/mo) $97,000: $194,000: $164. And for tax years after 2019, the bracket for the year, e,g, 2019+n is set by multiplying $85,000 by. The top IRMAA bracket applies to married couples with adjusted gross. Yet the 2024 increases will not be as steep for tax brackets and the standard deduction. IRMAA Case Studies; Aforementioned 10 Best Types to Avoid (or Reduce) IRMAA. Just realize that their 2023 estimates, based on 2021 income, are updated often, already up over 5% in a few months, so you may have the opportunity to do more Roth conversions in December 2022, for 2024 IRMAA. ) May 2023 forecast Our limit forecast is projected using two assumption sets. For 2021, the Medicare Part B monthly premiums and the annual deductible are higher than the 2020 amounts. This can add up to $839 more a year for Part B — in addition to the. Doing so can help keep you in a lower IRMAA bracket in subsequent years, notes. 65%. 2022 MAGI Single: 2022 MAGI Married Filing Jointly: Part B Premium (Monthly) $101,000 or less: $202,000 or less: Standard: $101,001 – $127,000:You’ll pay monthly Part B premiums equal to 35%, 50%, 65%, 80%, or 85% of the total cost, depending on what you report to the IRS. Unlike Part B, the Part D IRMAA brackets will remain the same in 2022. ) Charitable Giving; 2. 9 million in 2023 and 4. 016) is a 1. IRMAA: Medicare Floors. On September 27, 2022, the Centers for Medicare & Medicaid Services (CMS) released the 2023 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2023 Medicare Part D income-related monthly adjustment amounts. IRMAA surcharges for Part B are. WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401 (k) plans in 2024 has increased to $23,000, up from $22,500 for 2023. . This is an increase of $14 per year from the 2022 Part B deductible. Medicare agents’ business planIf TSCL's upwardly revised estimate proves accurate, a 3% cost-of-living adjustment in 2024 would add $55 per month to the average retired worker's Social Security check. Indexed Universal life insurance Policies and IRMAA; IRMAA 2025; 2024 Part D Premiums; 2024 Medicare Part D Plans; P: (877) 410-9594. From 2022 to 2023 the CPI-U, if inflation remains constant, will increase by 5. The. The annual deductible for all Medicare Part B beneficiaries will be $240 in. 50 in 2021 to $170. 70 for 2024, an increase of $9. Therefore, Medicare Part B prices will increase in 2024. Because we have a marginal income tax rate, if you are bumped into the next higher tax bracket, only your extra dollars of income over the limit are taxed at the higher. Medicare Advantage average monthly plan premiums are expected to increase by just $0. $560. Twelve-month inflation for all items ending in September 2023 has been 4. The IRMAA also affects your Part D premiums. In March, the Medicare trustees estimated that the monthly Part B. But here are some thoughts (remember, we do not give tax advice!). 44% overall trend. - The surviving spouse will also have a higher IRMAA bracket. For CY 2024, risk scores will be calculated as a blend of 67% of the risk scores calculated with the current model (the 2020 model) and 33% of the risk scores calculated with the updated model (the 2024 model). 70 in 2024, an increase of $9. Looks like the avg inflation will be more than 3% for 2023. Rest of Virginia: 540-479-1435. 2024 IRMAA Brackets We have zero data point as of right now for what the IRMAA brackets will be in 2024 (based on 2022 income). 8% from $56. The Centers for Medicare Services is announcing the 2024 IRMAA Thresholds now that the August CPI-U is official. If you fall into this bracket this year but expect to be above the inflation-adjusted limits next year, it may make sense to realize the gains now and buy back the investment later. Joint . 80 from $164. The income brackets that trigger IRMAA surcharges increased from $86,000 for single taxpayers and $176,000 for married couples in effect in 2021. Our 2021 income was going to escalate my premiums by two levels with Aunt IRMAA—or so I was initially informed. The possible 2024 IRMAA Brackets (not official) January 2024 marks when other changes will happen based on the increase in the national average wage index. Sep 26, 2023. The Centers for Medicare & Medicaid Services has announced Medicare Part B premiums for 2022, and the base premium increases 14. 50 in 2024. Medicare Shared Savings Program Saves Medicare More Than $1. The annual deductible for all Medicare Part B beneficiaries is $203 in 2021, an increase of $5 from. This is custom heading element. The 2023 bracket increase should be higher than last year, due to inflation. For 2020, the Medicare Part B monthly premiums and the annual deductible are higher than the 2019 amounts. Here are the B and D. Learn about brackets, surcharges, appeals, Medicare costs and IRMAA is based on your modified adjusted gross income. The standard Part B Premium increased $9. 80 from $164. 2024 IRMAA levels will be based on your 2022 tax filings. [RELATED: 2023 Medicare Part B Rates Announced] IRMAA brackets are different from tax brackets. The agency has boosted the income thresholds for each. If inflation is less than 0% (unlikely!), the 2024 IRMAA brackets will likely be lower. 3rd Surcharge Bracket: 7. Learn about brackets, surcharges, appeals, Medicare costs and IRMAA is based on your modified adjusted gross income. In 2024, you pay: • $0 for the first 20 days of each benefit period • $204 per day for days 21–100 of each benefit period • All costs for each day after day 100 of the benefit period. That’s why I’m looking for sensible predictions, not the actual brackets. IRMAA surcharges are also increasing 14. What will the Irmaa brackets be for 2024? IRMAA thresholds change each year, partly due to inflation. Each year, the Medicare Part B premium, deductible, and coinsurance rates are determined according to provisions of the Social Security Act. 3rd Surcharge Bracket: 7. Standard monthly premium: $164. Oct 12, 2023. The IRS increased its tax brackets by about 5. 70, an increase of $9. The Social Security Administration made the calculation and announced the Social Security COLA for 2024. How 2024 IRS tax brackets compare to 2023: Full list of new thresholds. The decline follows another 10% reduction in average MA premiums from 2021-2022. For example, a married couple with taxable income of $83,550 is at the top of the 12% bracket. Within the 1 st IRMAA income threshold, the surcharge will only increase by about 5. 49 in 2023 to $55. Taxpayers will file their 2024 taxes in early 2025. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023. This means that the IRMAA Brackets, by law, will increase at the same rate. 80 from $164. 1 Rebasing/re-pricing impact is dependent on finalization of the average geographic adjustment index and will be available with the publication of the CY 2024 Rate Announcement. Calendar Year 2024 Participation in the Medicare Advantage Value-Based Insurance Design Model: Innovating to Meet Person-Centered Needs. Sep 26, 2023. As the rate of inflation continues to fall, Social Security beneficiaries may expect to see a much lower cost-of-living adjustment for 2024. 70% while the. 50 a month in 2021. 20 for Part B premiums. This will throw you into the top IRMAA bracket, increasing your spouse and your monthly 2024 Medicare Part B premiums to $578. By David Enna, Tipswatch. If inflation exceeds 0%, the 2024 IRMAA brackets will likely be higher. the 2022 IRMAA thresholds aren't published until Nov/Dec 2021, long after our 2020 MAGI is cast in stone. 49 in 2023 to. Here are the 2024 IRMAA amounts for married taxpayers that file separately: Part B Coverage. Upper-income Medicare beneficiaries additionally pay a surcharge for Section D. Heaven for bid deflation sets in, the bracket could be less than $210,000. The tax rate schedules for 2024 will be as follows. At $10,000 over the threshold, the tax rate is 23. In 2023, the standard premium for Part B is $164. Inflation Causes IRS to Raise Tax Brackets, Standard Deduction by 5. IRA at what will be most likely higher tax brackets. 90. For 2024, the standard Medicare Part B monthly rate is $174. The Medicare Savings Programs (MSPs) help more than 10 million people with coverage of. Below are some highlights for 2024. Finally, anyone with an income. Each with its own escalating monthly premium surcharge. The annual deductible for all Medicare Part B beneficiaries will be $240 in. 2023 IRMAA Brackets. The IRMAA 2023 threshold for married couples is. To determine whether you are subject to IRMAA charges, Medicare uses the adjusted gross income you reported on your IRS tax return two years ago. 26 released premium and cost-sharing information for Medicare Advantage and Part D prescription drug plans for the 2024 calendar year. Before sharing sensitive information, make sure you’re on a federal government site. The Centers for Medicare & Medicaid Services Sept. The annual deductible for all Medicare Part B beneficiaries will be $240. 2nd Surcharge Bracket: 6:42%. The IRS has announced the annual inflation adjustments for the year 2024, including tax rate schedules, tax tables and cost-of-living adjustments. Half B Premium 2023 Protection (2021 Earnings) 2024 Protection (2022 Earnings) Normal: Single: <= $97,000If your income is above a certain limit ($97,000 if you file individually or $194,000 if you’re married and file jointly) (in 2024, $103,000 if you file individually or $206,000 if you’re married and file jointly), you’ll pay an extra amount in addition to your plan premium (sometimes called “Part D-IRMAA”). Greater than or equal to $750,000. The standard monthly premium for Medicare Part B enrollees will be $174. 70: More than $103,000 and up to $129,000:For example: a 2024 IRMAA is based on the beneficiary’s income from 2022. IRMAA is simply a tax on those who earn too much income. To repeat, the financebuff's projected 2024 IRMAA brackets for MFJ are: Assuming 0% inflation from Nov 2022 to Aug 2023 standard = up to $204K 1. The true cost of Part B that IRMAA beneficiaries pay is 35% for level 1, 50% for level 2, 65% for level 3, 80% for level 4, and 85% for level 5. Each year, the Medicare Part B premium, deductible, and coinsurance rates are determined according to provisions of the Social Security Act. Medicare Part B Premiums Decline in 2023 | Sports105. 80 from $164. Sep 26, 2023. 80 from $164. The majority of seniors impacted by the Medicare premium surcharge are between ages 65 and 80. 8% from $56. The IRMAA Brackets in 2019 were: As it can been seen since 2007 the IRMAA surcharges have grown over time and in some ways they have grown substantially. The Social Security COLA may be 3%, according to a new. That beneficiary bracket would pay $157. IRMAA Case Analyses; The 10 Best Paths to Avoid (or Reduce) IRMAA. - In 2026, the TCJRA requires that the federal tax brackets revert - so it's likely that they'll be in a higher bracket. So, your 2023 income will determine if you must pay higher premiums in 2025, your 2024 income will determine what your premiums will be in 2026, etc. Oct 12, 2023. Medicare's annual open enrollment period begins Oct. To determine whether you are subject to IRMAA charges,. Or, it makes you pay IRMAA all year! Luckily, the 174k limit is close to both the IRMAA cliff and the top of the 22% tax bracket for joint filers. IRMAA is an additional amount that some people might have to pay along with their Medicare premium. Projected 2024 Tax Rate Bracket Income Ranges. 2024 IRMAA Brackets and Rules. If inflation is 0% from June 2022 through August 2023, these will be the 2024 numbers"My capital gains tax would be $750, but my Part B and Part D IRMAA surcharges would remain at $860. As ehh indicated, one uses one's 2022 MAGI and the 2024 IRMAA brackets (to be announced around October of 2023) to determine whether one pays IRMAA during calendar year 2024. For other than self-only coverage, the limit is twice the dollar limit for self-only coverage. 4% for each type of tax filer for 2024, such as those filing separately or as. CMS has proposed reducing the 2024. Most other Medicare Part D beneficiaries earning over $103,000 individually or over $206,000 for couples filing joint will see a small increase in their Part D IRMAA payments. 50 in 2024. Lower Average Total Part D Premiums in 2024. 49 in 2023 to $55. Here are the 2024 IRMAA amounts for married taxpayers that file separately: Part B Coverage. 70% while the highest income threshold for IRMAA will increase by over 6. On September 27, 2022, the Centers for Medicare & Medicaid Services (CMS) released the 2023 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2023 Medicare Part D income-related monthly adjustment amounts. The IRS today also issued technical guidance regarding all of the cost‑of‑living adjustments affecting dollar limitations for. Medicare Shared Savings Program Saves Medicare More Than $1. 80/month from $164. Finally, for heads of households, the standard deduction will jump up $1,100 for tax year 2024 to $21,900. The tax year 2024 adjustments described below generally apply to income tax returns filed in 2025. 20 from. Which bracket you fall into depends on your taxable income with a few deductions, such as IRA contributions and interest from tax-free bonds, added back in. For instance, people who made $105,000 in 2022 will pay $244. Social Security also announces the 2024 Cost of Living Adjustment will be 3. 49 in 2023 to $55. ”. com. The standard monthly premium for Medicare Part B enrollees will be $144. The Part B premiums and deductible reflect the provisions of the Continuing. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023. What is the income limit for Irmaa for 2023? The IRMAA income brackets for 2023 start at $97,000 for a single filer and $194,000 for a. 80 from $164. ) Tax. g. 70 for 2024, an increase of $9. If inflation is 0% through August 2022, these will be the 2023 numbers:" Part B Premium 2022 Coverage (2020 Income) Married Filing Jointly: <= $182,000 2023 Coverage (2021. The IRMAA income brackets for 2023 start at $97,000 for a single filer and $194,000 for a married couple. Oversimplifying, our taxable. What Is the Medicare IRMAA for 2023 and 2024, and When Does It Apply? The income-related monthly adjustment amount, or IRMAA, is a fee you pay on top of. The Medicare Part B premiums, the IRMAA brackets and add-on were just announced. 80 from $164. The Medicare Part B premiums, the IRMAA brackets and add-on were just announced. The annual deductible for all Medicare Part B enrollees in 2024 will be $240, an increase of $14 from the 2023 deductible of $226. 0. TAX RATES AND TAX BRACKETS The Tax Cuts and Jobs Act (TCJA) reduced statutory tax rates at almost all levels of taxable income and shifted the thresholds for several income tax brackets (table 1). 60 in 2020. gov. 64, from $17. It ranges from $58. (650) REDO-WEB. 2. 1 million in 2022. 5%. Individuals in the lowest IRMAA tier will save $62. B. Recycles dryer sheets . 40 in total premiums and couples will save $124. The standard monthly premium for Medicare Part B enrollees will be $174. For incomes that are subject to IRMAA, the . Like is the ultimate guide to of 2023 IRMAA staples (and the projected 2024 IRMAA brackets). 2024 IRMAA Brackets. The 2024 IRMAA MAGI income limits are straightforward:. MrLoco wrote: ↑ Mon Jan 16, 2023 2:40 pm I have read some of the previous posts on doing Roth conversions beyond the first IRMAA tier to lessen the effects of future RMD's from a TRad. So, the only thing definite is that the brackets can't decrease below the brackets for the base year which seems to be tax year 2019, at which time the single bracket where IRMAA begins was $85,000+ in MAGI using MAGI from 2017. The Centers for Medicare & Medicaid Services (CMS) has announced that the standard monthly Part B premium will be $174. Each year, the Medicare Part B premium, deductible, and coinsurance rates are determined according to provisions of the Social Security Act. 40 to $77. Using the premium adjustment percentage for 2024 of 1. 4% Adjustments for key numbers for income, gift and estate taxes give taxpayers some planning opportunities By Ashlea Ebeling, The Wall Street Journal, Nov. 70. Even the 2025 IRMAA brackets are not 'locked in' as it is predicated on the inflation adjustment from Sept 2023 - Aug 2024. Here are the 2024 IRMAA amounts for married taxpayers that file separately: Part B Coverage. 90 to $560. 70 for 2024, an increase of $9. If your Annual Income in 2022 was: In 2024 You Pay:. 8% in 2024, from $56. Consistent with policy finalized in the 2022 benefit and payment notice (see our Checkpoint article), HHS has announced that the maximum annual limit on cost-sharing for 2024 is to increase to $9,450 for self-only coverage and $18,900 for other than self-only coverage (the 2023 limits are $9,100 and. 50 per month. What Is IRMAA? If the Social Security Administration (SSA) determines you have a higher income, you will have to pay more for your Medicare Part B or Medicare Part D coverage. That beneficiary bracket would pay $157. This amount is calculated using your income tax information. Changes in the national Special Needs Plan (SNP) landscape result in slightly more 2024 SNP options and wider availability. The Medicare Part B deductible will raise to $240 in 2024. 30. Medicare Part B rates. On average the IRMAA Brackets have inflated from 2007 to 2021 as follows: 1st Surcharge Bracket: 4. The annual deductible for all Medicare Part B beneficiaries is $198 in 2020, an increase of $13 from. gov or . Individuals enrolled in Medicare Part B, which covers doctor visits and other outpatient services, will pay a monthly premium of $164. Most taxpayers. 00% for IRMAA-Part B and for IRMAA-Part D the surcharges will inflate by 5. 80 from $164. So both you and your spouse will pay $340. 90. $103k is almost certainly going to be the actual number for 2024 (based on 2022 income) for a single. 80 from $164. 2024 and have been doing Roth Conversions annually in the. 58% inflation rate for Part D. Each year, the Medicare Part B premium, deductible, and coinsurance rates are determined according to provisions of the Social Security Act. Schulte expects the 2024 IRMAA income thresholds to be $101,000 for singles and $202,000 for married couples. If your income for 2022 was 204k (0% inflation) to 206k (5% inflation) you would get the IRMAA surcharge for 2024 if you are 65 in 2024. 70 for 2024, an increase of $9. 1. which is announced by. 80 after paying their Part b premiums for 2023. The increases are mainly due to projected. This surcharge is referred to as the income-related monthly adjustment amount (IRMAA). 90 in 2023, a 5. In other words, someone with $100,000 in taxable. The IRMAA 2023 threshold for married couples is $194,000. Medicare will make the official announcement quickly. Community Discussions Taxes Get your taxes done CDR52023 New Member 2024 income tax brackets and IRMAA brackets for 2026? 2 Questions: What. 70 The new 2024 monthly premium will be $9. I thought Medicare announced the next year’s IRMAA brackets in November or December. 60 in 2020. By: Taylor R. 8% from $56. info. 7. 90 per month. Close Search. Originally Posted by Midpack. By 2031 roughly 25. 6 Strategies for Avoiding IRMAA Issues. I ran across and article today that says they now know what the IRMAA levels are for 2024, Medicare just hasn't announced them yet. IRMAA brackets for 2024 premiums. 70 for 2024, an increase of $9. The Bipartisan Budget Act of 2018 calls for these brackets to remain constant until 2028 at which point, they will adjust annually. 50. 50. The extra charge for Part B starts at $69. The revenue brackets are the similar. . In other words, the highest earners could end. 9, 2023. For 2024, if your income is greater than $103,000 and less than $397,000 the IRMAA amount is $384. 36%. The CMS has not yet announced the official 2024 Medicare Part B premium and IRMAA amounts, but they are expected to be released in November 2023. 50 in. Therefore, Medicare Part B prices will increase in 2024. 70 in 2024, an increase of $9. In this article, you'll learn as IRMAA is, wie it's charges, and tips on avoiding this pestering surcharge. The usual Section B top rate is $164. That’s equal to a 32% tax rate on my $5,000 in capital gains. The Part D surcharge uses the same income brackets as those used for Part B. You’d pay a surcharge of $937 in 2023. 4% for each type of tax filer for 2024, such as those filing separately or as married. The standard monthly premium for Medicare Part B enrollees will be $174. 2024 IRMAA Brackets and Rules. The standard monthly premium for Medicare Part B enrollees will be $174. The impact is simple, the more you make the higher your Medicare costs. Medicare Part D. 50 a month extra for Part D drug coverage, although I take no medications. 80 per month to $174. Average 2024 Medicare Advantage (MA) premiums and deductibles, among other key information, are released annually in September with the MA & Part D Landscape. 60, and an annual total of. com1. The IRS also announced changes to the tax brackets that. 15 and continues through Dec. 9% in 2022, retirees got some harsh news…In this essay, I’m sharing total to need to know around the 2023 IRMAA Brackets (and the projection 2024 IRMAA brackets!). 1%, so the 2024 contribution limits increased significantly but less than last year. 90 from $144. The standard deduction for married couples filing jointly increases to $29,200 and will be. How much more depends on how much you exceed these numbers. 90 in 2023. In 2023, Medicare beneficiaries with a modified adjusted gross income above $97,000 have an income-related monthly adjustment (IRMAA) added to their Medicare Part B premiums. We live in a world where taxable income is more important than gross income because it dictates our income tax bracket. Medicare Shared Savings Program Saves Medicare More Than $1. We have all 12 data points out of 12 for the IRMAA brackets in 2024 (based on 2022 income). In this story, you'll learn whats IRMAA lives, how it's computed, and tips for avoiding this pesky surcharge.