High-income surcharges apply regardless of how clients receive Medicare coverage

Most retirees pay the standard Medicare Part B premium, but five percent of Medicare beneficiaries pay Income-Related Monthly Adjustment or IRMAA.  Medicare beneficiaries with an annual modified adjusted gross income (MAGI) of more than $87,000 and married couples with a joint MAGI over $174,000, pay an additional surcharge. In MaryBeth Franklin’s column for Investment News, she explains high-income surcharges apply regardless of how Medicare beneficiaries receive their Medicare coverage.  Read Ms. Franklin’s column here…

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