Talk of The Villages Florida - View Single Post - Annual income vs Medicare costs
Thread: Annual income vs Medicare costs
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Old 01-18-2023, 08:34 AM
retiredguy123 retiredguy123 is offline
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For 2023, your Medicare premium is determined based on your MAGI (modified adjusted gross income) for 2021. For 2024, the premium will be based on your MAGI for 2022. So, your Medicare premium, IRMAA adjustment, can change every year if your income changes.