If you have Medicare Part B and/or Medicare Part D prescription drug coverage, you could owe a monthly surcharge based on an income-related monthly adjustment amount (IRMAA). These surcharges apply to ...

For many Americans on Medicare, 2026 will bring not only rising healthcare costs but also an increased likelihood of higher ...

The Social Security Administration (SSA) determines a person’s income-related monthly adjusted amount (IRMAA) based on their tax information from the Internal Revenue Service (IRS). Medicare ...

One of the big mysteries for me has always been how do Medicare and Social Security work when I go to actually start ...

I’m the resident Medicare adviser here at Beckett Financial Group, which also assists clients with their financial, retirement and investing needs. Earlier this week, I had a phone call with a client ...

Many retirees are surprised to learn that their Medicare premiums are not fixed. In fact, a lesser-known factor called the income-related monthly adjustment amount (IRMAA) can significantly increase ...

Medicare costs are rising again in 2026, with higher Part B premiums, deductibles, and hospital charges confirmed by CMS.

Since 2007, the Medicare Modernization Act of 2003 has required high-income Medicare enrollees to pay an Income-Related Monthly Adjustment Amount surcharge, or IRMAA, on their Medicare Part B premiums ...