Quote:
Originally Posted by Gotadimple
5. What will your retiree health plans cover after age 65? How does that cost compare to the cost of Medicare Part B? Part B + Medicare Supplement/Medicare Advantage Plan
6. What is the IRMAA limit for you as respects your Medicare Part B premium?
- Rita
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IRMAA is pretty straight forward, for Married filing jointly it is based on your MAGI from federal taxes. Expressed below is extracted from a SSA letter after enrolling DW about 2 months ago. IRMAA is a monthly figure.
MAGI - PART B IRMAA - Part D IRMAA
Less than $170K - 0 - 0
$170K to 214K- $53.50 - $13.00
$214K to $267K - $133.90 - $33.60
$267K to $320K - $214.30 - $54.20
Over $320K - $294.00 - $74.80
Another poster can address the Modified part of Adjusted Gross Income. SSA referred to numbers on line 37 of my 1040, bottom of first page before any deductions.