Medicare IRMAA: What Is It and When Does It Apply?

By
Mary Desroches
-

5IRMAA And Medicare Part B Costs

As of 2022, you need to pay the standard premium of $170.1 per month for Medicare Part B. Depending on your annual income level, an IRMAA may apply to you. It means that you have to pay an additional surcharge, which can be calculated with information about your income tax from two previous years. The amount can vary, depending on your income level and how you submitted your taxes. Below are the estimated monthly Part B premiums for different annual income levels:

– Individual income less than $91,000 and couple income less than $182,000: $170.1

– Individual income from $91,000 to $114,000 and couple income from $182,000 to $228,000: $238.1

– Individual income from $114,000 to $142,000 and couple income from $228,000 to $284,000: $340.2

– Individual income from $142,000 to $170,000 and couple income from $284,000 to $340,000: $442.3

– Individual income from $170,000 to $500,000 and couple income from $340,000 to $750,000: $544.3

– Individual income more than $500,000 and couple income more than $750,000: $587.3 [5]

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