MAGI is your adjusted gross income. It determines whether you qualify for specific benefits. And with Medicare, it determines whether you will pay higher Part B and Part D premiums. If you have a ...

Social Security payments may have risen 2.8 percent in 2026 thanks to the annual Cost-of-Living Adjustment (COLA), but ...

Nearly six million seniors owe extra Medicare premiums called Irmaa, and these charges are set to rise.

One of the surprises some retirees encounter is that Medicare premiums aren’t the same for everyone. Although the ...

Every senior on Medicare should be intimately familiar with IRMAA — the initials that stand for Income Related Monthly Adjustment Amount. It’s the amount by which your Medicare Part B and Part D ...

Higher-income earners who get sticker shock from the surcharges on their monthly Medicare premiums should make sure they’re delving into strategies to reduce the fees, according to advisors. The ...

For many Americans on Medicare, 2026 will bring not only rising healthcare costs but also an increased likelihood of higher ...

If your modified adjusted gross income (MAGI) is too high, your Medicare Part B premiums could skyrocket. This article ...

Medicare calculates premiums based on income brackets or how long you’ve worked and paid taxes in the United States. The exact mechanism depends on the specific Medicare plan or part providing ...

After several years in retirement, I had a big bump-up in income in 2009 when I exercised stock options. That triggered a high-income surcharge for my Part B and Part D Medicare premiums in 2011. Does ...

Higher-income earners who get sticker shock from the IRMAA surcharge on their monthly Medicare premiums should make sure they're delving into strategies to mitigate the fees, according to advisors.