Medicare Premiums for Retirees in 2026 Based on 2024 Income

In 2026, Medicare premiums will be calculated based on retirees' modified adjusted gross income (MAGI) from their final working year—2024. Those earning above $109,000 individually or $218,000 jointly may face higher Part B and D surcharges due to the Income-Related Monthly Adjustment Amount (IRMAA). Filing Form SSA-44 with the Social Security Administration can eliminate these charges retroactively.

By Drew Wood Sun, June 21, 2026 at 4:09 PM GMT+3 5 min read · Yahoo Finance · June 21, 2026, 13:09 UTC

Topics: IRMAA Medicare retirement income tax policy

Read the full article at Yahoo Finance

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