What is IRMAA? How to Avoid Medicare Premium Surcharges in 2025

In this video, I’ll explain everything you need to know about IRMAA (Income-Related Monthly Adjustment Amount), including how it affects your Medicare Part B and Medicare Part D premiums. IRMAA is a surcharge added to your Medicare premiums based on your Modified Adjusted Gross Income (MAGI), typically from two years prior. It’s important to understand how IRMAA is calculated because it can lead to higher Medicare premiums if your income exceeds certain thresholds.

You’ll learn the specific income levels that trigger IRMAA, and I’ll walk you through effective strategies to help manage your Medicare costs. I’ll also discuss how IRMAA is tied to your past income and how to handle this during your retirement years to minimize its financial impact. Plus, I’ll share a trick to appeal your IRMAA charge if you’ve experienced a life-changing event that has reduced your income, helping you save money on Medicare Part B and Medicare Part D premiums.

Understanding the Medicare IRMAA appeal process is critical if you’re looking to challenge your Medicare premiums. In this video, I’ll go over the steps you need to take to potentially lower your Medicare Part B premiums using the appeal process, to help you not pay more than you should.