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Home » 8 Types of Income That Can Jack up Your Medicare Premiums
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8 Types of Income That Can Jack up Your Medicare Premiums

News RoomBy News RoomApril 13, 202515 Views0
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Lordn / Shutterstock.com

If you are a wealthy person heading into retirement, prepare for some potential sticker shock once you enroll in Medicare. About 8% of enrollees earn enough income to be subject to a surcharge that is added to their Medicare premiums. It’s called an income-related monthly adjustment amount, or IRMAA. In other words, an IRMAA is essentially a higher Medicare premium that some retirees must pay…

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