If you’re even casually thinking about your retirement plans, you’ve probably been bombarded with a common piece of advice: Wait until age 70 to claim your Social Security benefits. On paper, it ...

Your successful retirement savings could backfire when Medicare bills arrive. The IRMAA surcharge will trap 8.6 million retirees by 2034, turning four-figure monthly premiums into reality. FBI ...

It's official: the Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for 2026. It's more than retirees got last year -- but it's still not much. Medicare Part B premiums ...

In my most recent column I explained the key decisions you must make about Medicare — either when you initially enroll or during the annual open enrollment period that runs from October 15 to December ...

Medicare enrollment for 2026 opens on Oct. 15. Do you know what you earned two years ago? Your 2024 income will determine if you’ll pay the Medicare surcharge, or income-related monthly adjustment ...

I’m 64 now, and I’ll turn 65 and go on Medicare in 2026. I had big capital gains in 2024, and I know I’m going to end up paying more for my monthly premiums because my income will be high for that ...

A person’s modified adjusted gross income (MAGI) determines whether they pay higher Medicare Part B or Part D premiums. In 2025, this will be based on 2023’s MAGI. In 2026, it will depend on 2024’s ...

You can appeal your Medicare IRMAA surcharges if you meet certain conditions. The short answer to your question is that your Medicare payment would be set from the time you enroll when you turn 65 ...

“Your retirement income could trigger a Medicare penalty you didn’t even know existed.” Most retirees think of Medicare as a safety net — a predictable, reliable program that helps cover health ...

Amanda Vining is a writer for Investopedia with 15 years of experience covering personal finance, including stories for Glam, MSNBC, Heavy, and Narcity. Based in Florida’s Gulf Coast, Amanda has ...

An inheritance won’t affect your Medicare eligibility or benefits, but the extra income could raise some premiums or affect your eligibility for income-based programs. Medicare rules can be complex.

The IRMAA threshold for 2026 is projected at $109,000 for singles/married filing separately and $218,000 for married filing jointly. Medicare IRMAA income thresholds for 2027 will once again be ...