Page 16 - Healthcare News 2025 Senior Planning Guide

drug coverage. The same set of parameters are used
to calculate the surcharge for Part D. The important
part to remember is that the Part D IRMAA is in
addition to any premiums associated with your Part
D coverage, but is paid directly to the Social Security
Administration the same way you pay for your Part
B premiums.
The income brackets for the 2025
Part D IRMAA are as follows:
FILE INDIVIDUAL
TAX RETURN
FILE JOINT
TAX RETURN
YOU PAY (IN
2025)
$106,000 or less $212,000 or less Your Plan
Premium
Above $106,000
up to $133,000
Above $212,000
up to $266,000
$13.70 + Your
Plan Premium
Above $133,000
up to $167,000
Above $266,000
up to $334,000
$35.30 + Your
Plan Premium
Above $167,000
up to $200,000
Above $334,000
up to $400,000
$57.00 + Your
Plan Premium
Above $200,000
and less than
$500,000
Above $400,000
and less than
$750,000
$78.60 + Your
Plan Premium
$500,000 or
above
$750,000 or
above
$85.90 + Your
Plan Premium
A couple of scenarios worth mentioning that can
affect your income-related monthly adjustment
amount are the sale of a primary real estate
property or winning the lottery. Both life events
will increase your income for the year they occur
in and may therefore result in an IRMAA surcharge
two years later. Both life events are generally not
appealable, meaning that you are more likely
to lose an appeal filed on the grounds that your
income increased in any given year due to these
events occurring. With real estate properties, some
exceptions are made when the property has been
income-producing.
If your head feels like it is spinning after
reading this, don’t worry. Take the headache out
of understanding Medicare by working with a
professional such as myself who will help you sift
through all the details that come with enrollment
and coverage.
Independent Medicare specialists do not work
for the insurance carriers. Instead, we provide an
independent, unbiased view of insurance options
available to seniors and Medicare recipients at no
cost to the people we serve. We focus on Medigap,
Medicare Advantage, and prescription drug plans.
Our service to you doesn’t end when you enroll in
a plan. We live in your community and are here to
answer your questions on bills, drug plans, provider
services, extra benefits, and much, much more year-
round. n
Erica Beaudry is a local, licensed, independent
insurance broker with EA Financial Solutions,
focusing on Medicare. She does not work for and is
not affiliated with Medicare. She can be reached at
info@eafinancialsolutions.com or (413) 626-9906.
We make senior
Navigating life’s
living simple.
grenierfinancial.com | Fax: 413 731 7268 Life’s a Journey.
Let us walk the road with you.
It’s what we do.
Finding and understanding senior living options
can be overwhelming and confusing. Oasis
Senior Advisors is here to help, because
the right place means everything.
Navigating life’s
Discuss financial options, location and preferences
Provide a personalized list of local housing options
Set up and tour communities with you
Once the right place is selected, we make transitions easy!
Pat Grenier, Principal
RR, CFP®, MBA
pat@grenierfinancial.com
Call for a free in-depth
consultation today!
Eric Aasheim | 413-351-6577
Certified Senior Advisor (CSA)®
EAasheim@YourOasisAdvisor.com
MA
CT
One Monarch Place, Suite 810
Springfield, MA 01144
413 736 6712
265 Main Street
Wethersfield, CT 06109
860 721 7880
Securities and advisory services offered through Cadaret Grant & Co., Inc., an SEC Registered Investment Adviser and member FINRA/SIPC. Grenier
Financial Advisors and Cadaret Grant are separate entities.
Serving Western Mass and Surrounding Areas
OasisSeniorAdvisors.com/WesternMass
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