Medicare Part B & D IRMMA
I took a One-Time distribution from an employee owned partnership which will increase my 2025 income by over $100k. I am already in the 2nd tier for IRMMA and this distribution will put me in the 3rd tier. Since this is a one time situation, is there a way to avoid having the insurance payment increased?
Terry Says
It will take at least a year for them to catch up to this increased income. And it will be tough to get it removed, even if you wait a year or two and can prove that your ongoing income is lower. Read this: https://www.terrysavage.com/understanding-irmaa/
