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FC MARKETS

Markets, money and the economy, explained for American investors

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Part B Premiums

1 article

Retirement

Medicare IRMAA Explained: How Income Raises Your Premiums

Higher-income retirees pay more for Medicare Part B and Part D through a surcharge called IRMAA. It is based on a tax return from two years earlier and works in brackets, so a single dollar of income can move you up a tier. Here is how it works, what counts as income and how to appeal.

6 min read