05-30-2022, 01:33 AM
Michael wrote:What fresh hell! I am not looking forward to this type of retirement any time soon :-[
What the others said. It seems very likely she's gotten a bill for Jan-May, 2022.
Unless you made boodles of money in 2020. Then you're subject to IRMAA (Income Related Monthly Adjustment Amount) for Medicare Parts B and D. I can't make the math work for the $845 with IRMAA, but if you and your wife made $750,000 in 2020, your IRMAA Part B would be $578.30 each per month. And you'd have a Part D IRMAA of $77.90 (plus your Part D cost). IRMAA starts at $182,000 of joint income. So, if your family income was less than $182,000 in 2020, it's not going to be IRMAA