Smart moves can help you dodge costly Medicare surcharges.
Keep Medicare premiums down with tax-smart strategies. THICHA SATAPITANON/Shutterstock
If you’re a high earner approaching the Medicare age of 65 or are already receiving these benefits, you may have to pay a surcharge on your Medicare Part B and Medicare Part D premiums.
This is known as the income-related monthly adjustment amount (IRMAA). And it could mean you’d pay more than twice as much for Medicaid than the average citizen.
