#irmaa-surcharges

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#medicare-premiums #retirement-income-planning #part-b-costs #long-term-care-insurance #social-security-cola
Retirement
from24/7 Wall St.
4 days ago

The $2,000 Drug Cap Is Saving Medicare Retirees Over $1,500 a Year Right Now

Medicare premiums in 2026 are based on 2024 income, creating unexpected surcharges for those with one-time income spikes, while Part B premiums exceed $200 monthly and a new rule allows tax-free distributions for long-term care insurance.
Public health
from24/7 Wall St.
1 week ago

Higher-Income Retirees Face a Net Loss as IRMAA Surcharges Swallow the 2026 Social Security COLA

Social Security's 2.8% COLA increase is largely consumed by Medicare premium increases and IRMAA surcharges, leaving retirees with minimal net purchasing power gains.
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