Nearly six million seniors owe extra Medicare premiums called Irmaa, and these charges are set to rise.

Bridget Shoemaker is a partner at Oak Partners and has worked with me as a teammate since 2004. She is a very experienced financial advisor, and through many hours of specialized education and ...

Dear Rusty: In a recent article about Medicare’s “Income-Related Monthly Adjustment Amount” and how IRMAA affects Social Security taxes, you described which income gets included in the IRMAA ...

One of the surprises some retirees encounter is that Medicare premiums aren’t the same for everyone. Although the ...

For many Americans on Medicare, 2026 will bring not only rising healthcare costs but also an increased likelihood of higher ...

Dear Rusty: I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on which my Medicare Part B premium is based, is my Adjusted Gross Income, plus ...

It’s easy to fill out and could help avoid a major shock.

Living Local 15 host Jessica Williams is joined by Caleb Doane, Vice President of Foster Financial, as Caleb discusses the ...

One of the big mysteries for me has always been how do Medicare and Social Security work when I go to actually start utilizing them. We pay into them for decades of our working life, but most ...

Clients often assume that their Medicare payments will be set once they become Medicare-eligible—and that all beneficiaries are treated equally when it comes to premium amounts. Many higher-income ...

The MAGI calculation for IRMAA purposes is generally your adjusted gross Income (AGI) plus any tax-exempt interest income. This includes nearly all sources of money that appear as taxable income on ...

Some Social Security recipients may get lower payments next year as a result of a Medicare premium hike. An increase in Part B Medicare premiums means that beneficiaries will pay $202.90 per month, up ...