Avoiding Medicare Costs in Retirement

Most retirees don’t realize this… but Medicare can charge you thousands more each year simply

because of your income. It’s called Medicare Means Testing, or IRMAA,

and it affects Parts B and D. Here’s how it works: Medicare looks at your Modified Adjusted

Gross Income, your MAGI. That includes almost everything pensions, RMDs,

capital gains, interest, and even half of your Social Security benefits.

If your income crosses certain thresholds, your Medicare premiums can increase by 35%… 100%… even

over 200%. In this analysis, projected Medicare costs total more than $500,000,

and over $100,000 of that comes just from IRMAA surcharges. That’s money most retirees never planned