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The FAI Team
Medicare Income-Related Monthly Adjustment Amount (IRMAA)

If you are eligible for Medicare Part B and Part D while still earning a high income, you may be subject to the Income-Related Monthly Adjustment Amount, or IRMAA, added to your premium.

Plan Now For Your 2018 Medicare Premium
Plan Now For Your 2018 Medicare Premium

Since Medicare rates are increasing substantially in 2018 (as much as 30% for high income recipients), Early and Happy may not want to defer income into 2016 because this may increase their 2018 Medicare premiums.