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February 14, 2025
Question

Retiring part way through the year

  • February 14, 2025
  • 1 reply
  • 0 views

My husband retired August 1, I thought the prior income was not counted against you when figuring your Medicare Premiums.  We are being charged extra this year on our Medicare premiums to the tune of $1,000 a month and social security is our only income now?

1 reply

VolvoGirl
Employee
February 14, 2025

Sorry yes they look back a couple years to figure the IRMAA for the next year.

https://secure.ssa.gov/apps10/poms.nsf/lnx/0601101031