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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Only about 7 percent of Medicare beneficiaries pay those higher premiums. So you are (at least) in the richest 7 percent. Enjoy your financially secure retirement! https://www.medicareresources.org/medicare-eligibility-and-enrollment/what-is-the-income-related-monthly-adjusted-amount-irmaa/#:~:text=Most%20Medicare%20beneficiaries%20do%20not,Part%20D%20prescription%20drug%20coverage.[/quote] I think the IRMAA is ridiculous considering that higher income earners contribute a very disproportionate share of total revenue during their working years. They already paid more into Medicare when they were working then they are charged more for it once they retire. It is a punitive and poorly designed tax for high income earners, that creates a situation where the marginal tax rate can exceed 100% if you are slightly above an income threshold. [/quote] Yes, it is just another tax on the wealthy and very unfair. We already paid our fair share. Infuriating.[/quote] +1 Yup! We have paid so much into Medicare, to have to pay $600/person+ for part B is ridiculous[/quote]
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