business
Why Some Retirees Pay $689.90 a Month for Medicare While Others Pay $202.90
Key takeaways
- Medicare uses income from two years prior, so crossing a threshold by even $1 triggers the full higher premium for an entire year.
- Form SSA-44 lets retirees appeal IRMAA surcharges after retirement, divorce, or a spouse's death, but most retirees never know the option exists.
- A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality.
Why Some Retirees Pay $689.90 a Month for Medicare While Others Pay $202.90 David Beren Thu, June 25, 2026 at 10:19 PM GMT+7 6 min read Quick Read IRMAA adds up to $487 a month onto Medicare Part B premiums for high earners, pushing costs from $203 to $690 across five income tiers.
Medicare uses income from two years prior, so crossing a threshold by even $1 triggers the full higher premium for an entire year.
Form SSA-44 lets retirees appeal IRMAA surcharges after retirement, divorce, or a spouse's death, but most retirees never know the option exists.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop