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What are the IRMAA amounts for Part B this year?

Higher-income beneficiaries must pay more for Medicare Part B, medical insurance. This is known as the Income-related Monthly Adjustment Amounts or IRMAA, for short. The adjustments are based on a modified adjusted gross income (MAGI) determined by tax-exempt interest (line 8B on the tax statement) and the modified adjusted gross income (bottom line) and added to the standard premium of $135.50.

In 2019, there is a new tier, for single filers with an MAGI equal to or greater than $500,000 and a person filing jointly with an MAGI equal to or greater than $750.000.

Beneficiaries who file a joint tax return* with an MAGI of:

  • Less than/equal to $170,000 will not pay Part B IRMAA.
  • Greater than $170,000 but less than or equal to $214,000 will pay an adjustment of $54.10 for a total premium of $189.60.
  • Greater than $214,000 but less than or equal to $267,000 will pay an adjustment of $135.40 for a total premium of $270.90.
  • Greater than $267,000 but less than or equal to $320,000 will pay an adjustment of $216.70 for a total premium of $352.20.
  • Greater than $320,000 but less than $750,000 will pay an adjustment of $297.90 for a total premium of $433.40.
  • Greater than or equal to $750,000 will pay an adjustment of $325.00 for a total premium of $460.50

Beneficiaries who file an individual tax return with an MAGI of:

  • Less than or equal to $85,000 will not pay IRMAA.
  • Greater than $85,000 but less than or equal to $107,000 will pay an adjustment of $54.10 for a total premium of $189.60.
  • Greater than $107,000 but less than or equal to $133,500 will pay an adjustment of $135.40 for a total premium of $270.90.
  • Greater than $133,500 but less than or equal to $160,000 will pay an adjustment of $216.70 for a total premium of $352.20.
  • Greater than $160,000 but less than $500,000 will pay an adjustment of $297.90 for a total premium of $433.40.
  • Equal to or greater than $500,000 will pay an adjustment of $325.00 for a total premium of $460,50.

Beneficiaries who are married but file an individual tax return with an MAGI of:

  • Less than or equal to $85,00 will not pay IRMAA.
  • Greater than $85,000 but less than $415,000 will pay an adjustment of $297.90 for a total premium of $433.40.
  • Equal to or greater than $415.00 will pay an adjustment of $325.00 for a total premium of $460.50.

Important: If both the husband and wife are on Medicare, each will pay the adjustment.

Last updated: 12-17-2018