IRMMA
How much can your income be in 2023 so that you aren’t going to pay IRMMA in 2025 if indeed that is the delay? Is the $97,000 that i read online for 2023 the income for 2023 or was that the 2021 income and are paying IRMMA IN 2023? So confusing. Thank you
Terry Says
Yes, they actually look back two years to get your Medicare Part B premium adjustment. And then if your income drops you have to petition them to look at the previous year to reduce it in the following year!
2023 IRMAA BRACKETS FOR MEDICARE PART B & PART D
$97,000 or less $194,000 or less $164.90
Above $97,000 – $123,000 Above $194,000 – $246,000 $230.80
Above $123,000 – $153,000 Above $246,000 – $306,000 $329.70
Above $153,000 – $183,000 Above $306,000 – $366,000 $428.60
