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Approaching or Already Retired? What You Need to Know About Medicare Premium Surcharges

ARTICLE | April 22, 2026

Authored by Vasquez + Company

If retirement is on your horizon or you recently left the workforce, Medicare's Income-Related Monthly Adjustment Amounts (IRMAAs) could be quietly adding hundreds of dollars to your monthly premiums. Because IRMAAs are calculated using tax data from two years prior, your current income may look very different from what the government is using to set your premium costs. The good news is that you have options. If a qualifying life event such as retirement has reduced your income, you can file an appeal to lower or eliminate the surcharge. You can also take proactive steps now to reduce future exposure through strategic income planning.

Read the full article here.

Our firm provides the information for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. This article is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose. 

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