What are the income-related monthly adjustment amount (IRMAA) for Medicare Part B and D in 2025, and how does it work? MARCA ...

Low- or moderate-income families in the United States have a variety of support programs to improve their finances and cope ...

Medicare bills are increasing for millions of Americans despite a $2,000 prescription drug cap beginning in 2025, as premiums will be higher on average compared to last year for seniors relying on ...

Roth IRAs are a popular retirement savings and investment tool, especially for those expecting to be in a higher tax bracket ...

Question: If someone is on Federal Health Benefits, what happens when they turn 65 and become eligible for Medicare?

Many advisors turn to the 4% rule as a guideline. Developed by a financial advisor in the 1990s, this rule suggests that ...

Nearly 3 million Americans are poised to see bigger Social Security benefit checks. For some, that could trigger larger tax bills and Medicare premium payments.

While all Social Security beneficiaries will get a boost to benefits in 2025, certain pensioners are also expected to see a ...

In 2025, Medicare beneficiaries will need to pay an additional charge called the Income-Related Monthly Adjustment ...

The added charge is known as an income-related monthly adjustment amount, or IRMAA. The Social Security Administration (SSA) determines your IRMAA based on the modified adjusted gross income on your ...

Social Security payments are a key part of most retirement plans, but many people reduce their benefits by claiming too early ...

For example, they will use your 2023 MAGI to determine your 2025 Medicare Part B premium (and your Part D premium if you have Part D). So, if your income reported to the IRS on your tax return in 2023 ...