Two people using a calculator. The income-related monthly adjustment amount (IRMAA) applies to Medicare beneficiaries with incomes above a certain amount. It only applies to Medicare parts B and D.
Meet IRMAA. This is not a senior’s dating site, but every senior on Medicare should be intimately familiar with IRMAA — the initials that stand for “income-related monthly adjustment amount.” It’s the ...
Dear Rusty: In a recent article about Medicare’s “Income-Related Monthly Adjustment Amount” (IRMAA) and how IRMAA affects Social Security taxes, you described which income gets included in the IRMAA ...