I am trying to figure out a couple Medicare timing questions.
I turn 65 on Dec 21, 2026. I'm pretty sure as long as I apply for Medicare before my 65th birthday I can have Medicare start Jan 1, 2027. I really can't find it so concisely written and wondering if this is true.
Assuming Medicare starts for me Jan 1, 2027 what years income is used to calculate IRMAA? I'm assuming it would be income for years ending Dec 31, 2026 and Dec 31, 2025. Is that correct?
And if I had to start Medicare on my 65th birthday (Dec 21, 2026) then IRMAA would be calculated on income for years ending Dec 31, 2025 and Dec 31, 2024 - Is that correct?
I appreciate any guidance or reference to material you can provide. Thanks.
I turn 65 on Dec 21, 2026. I'm pretty sure as long as I apply for Medicare before my 65th birthday I can have Medicare start Jan 1, 2027. I really can't find it so concisely written and wondering if this is true.
Assuming Medicare starts for me Jan 1, 2027 what years income is used to calculate IRMAA? I'm assuming it would be income for years ending Dec 31, 2026 and Dec 31, 2025. Is that correct?
And if I had to start Medicare on my 65th birthday (Dec 21, 2026) then IRMAA would be calculated on income for years ending Dec 31, 2025 and Dec 31, 2024 - Is that correct?
I appreciate any guidance or reference to material you can provide. Thanks.