Originally Posted by MSDalt
BubbaChris, clearing the 2nd to 3rd IRMAA hurdle by $1 would have increased a Medicare premium by $1,460/person for 2022. For a married couple that would be $2900+. In my opinion that is something to avoid.
Even if it takes me 10 hours to figure out how to avoid our IRMAA, my payback rate is $290+ per hour - tax free!
Thanks for the reminder that I should slow down when reviewing analysis I did months ago. With doubling the impact for MFJ, thatís still a 2% hit to effective tax rate. This assumes you end up well over the threshold for that next tier.
Weíre still in the mode of managing MAGI for ACA credits, which are close to 10x the impact when compared to IRMAA.