What Is IRMAA?
IRMAA stands for Income-Related Monthly Adjustment Amount — an extra charge added to your Medicare costs if your income is above certain limits.
It applies to:
Part B (medical insurance)
Part D (prescription drug coverage)
Social Security uses your tax return from two years ago to decide.
Example: Your 2024 income determines your 2026 Medicare costs.
How Will I Know If I Have IRMAA?
If IRMAA applies to you— Social Security sends a separate letter explaining the amount and how it was calculated.
If you meet the Standard income limits— you wont get a letter and IRMAA does not apply.
Can I Do Anything About It?
Yes! If your income recently decreased due to a life event—such as retirement, marriage, divorce, or the loss of a spouse—you can ask Social Security to take another look. You can use Form SSA-44 and if approved, your IRMAA may be reduced.
Key Takeaways
Many people never pay IRMAA.
IRMAA automatically adjusts each year
You can appeal with Social Security if past income, does not reflect your current situation income.

