If you have Medicare Part B and/or Medicare Part D prescription drug coverage, you could owe a monthly surcharge based on an income-related monthly adjustment amount (IRMAA). This surcharge is paid by ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. The Centers for Medicare and Medicaid Services (CMS) announced the 2025 ...

Selling your home in retirement could increase Medicare premiums through IRMAA. Learn how capital gains, timing, and income ...

The cost of Medicare Part D depends on the plan you enroll in. You may find that your costs rise if your medication needs change. You may also be subject to a surcharge that raises the cost of your ...

Enrollees in original Medicare need to buy separate Part D drug coverage. The amount you spend on Part D will depend on the plan you choose. There are certain maximum costs that apply to all Part D ...

The tricky thing about budgeting for Medicare expenses is that there are different costs involved that can change from one year to the next. Most Medicare enrollees don't pay a premium for Part A, ...

Projections for Medicare’s 2026 income-related monthly adjustment amount (IRMAA) are out. Now is the time to check your 2024 tax return to see if you might be subject to the surcharge next year. This ...

Medicare's open enrollment period has been in full swing since mid-October. At this point, you only have a couple more weeks to make changes to your Medicare coverage. If you're switching from a ...