If you’re paying higher Medicare Part B and Part D premiums due to IRMAA (Income-Related Monthly Adjustment Amount), you may be able to reduce them using SSA Form 44. What is IRMAA? IRMAA is an additional premium you pay if your modified adjusted gross income (MAGI) from your tax return 2 years ago exceeds certain … Read more
If you’re over 65 and leaving employment or ending your employer/spouse’s group health plan, you’ll need to complete two forms to enroll in Medicare Part B using the Special Enrollment Period (SEP). Note: If you already have both Medicare Part A and Part B, no further action is needed at Social Security. Two Required Forms Form … Read more
Important: When to Enroll in Medicare You can delay Medicare Part B past age 65 without penalty IF: If you’re delaying enrollment, have HSA contributions, or have individual/family insurance, please read the CMS publication “Medicare and You” Section 1 at medicare.gov. How to Apply for Medicare Part A & Part B Application Process: Timeline Example: If your 65th … Read more