Income Related Monthly Adjustment IRMAA:
Higher earners pay more for Part B and Part D!
For 2024, the standard Part B premium amount is $244.60
Unless you are a high earner (see IRMAA chart).
You’ll pay a different amount for your Part B if:
You enrolled in Part B for the very first time in 2024
You don’t get Social Security benefits
You are directly billed for your Part B premiums.
You have both Medicare and Medicaid and Medicaid pays your premiums. Your state will pay the standard premium amount
Your modified adjusted gross income as reported on your IRS tax returns from 2 years ago was above a certain amount (see chart).