IRMAA surcharge: The Medicare trap targeting 3.5 million more retirees
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IRMAA surcharge: The Medicare trap targeting 3.5 million more retirees
5 months ago
MSNHistoryAtWar
Did you know "high wage earners" may pay extra for Medicare Part B & D? It's called the IRMAA surcharge, and it's based on income from 2 years prior. But if life changes reduced your earnings, you can appeal using form SSA-44 for a refund. Don't overpay! Join my live Q&A for more info. #Medicare #IRMAA #SocialSecurity #RetirementPlanning #SSA44 | Dr. Ed - Former SSA Manager
4:28
Did you know "high wage earners" may pay extra for Medicare Part B & D? It's called the IRMAA surcharge, and it's based on income from 2 years prior. But if life changes reduced your earnings, you can appeal using form SSA-44 for a refund. Don't overpay! Join my live Q&A for more info. #Medicare #IRMAA #SocialSecurity #RetirementPlanning #SSA44 | Dr. Ed - Former SSA Manager
189.5K views3 months ago
FacebookDr. Ed - Former SSA Manager
Will withdrawing from your IRA affect your Medicare costs? Learn about IRMAA (Income Related Monthly Adjustment Amount) and how a large withdrawal can impact your Part B and D premiums. Filing SSA-44 form might help, but it depends on your total income. Don't focus solely on the IRA withdrawal; consider your overall earnings. #IRMAA #MedicareCosts #SSA44 #RetirementIncome #Medicare | Dr. Ed - Former SSA Manager
3:29
Will withdrawing from your IRA affect your Medicare costs? Learn about IRMAA (Income Related Monthly Adjustment Amount) and how a large withdrawal can impact your Part B and D premiums. Filing SSA-44 form might help, but it depends on your total income. Don't focus solely on the IRA withdrawal; consider your overall earnings. #IRMAA #MedicareCosts #SSA44 #RetirementIncome #Medicare | Dr. Ed - Former SSA Manager
2.5K views4 months ago
FacebookDr. Ed - Former SSA Manager
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