MEDICARE PART B
INCOME-RELATED MONTHLY
ADJUSTMENT AMOUNTS
Since 2007, a beneficiary’s Part B monthly premium
is based on his or her income. These income-related
monthly adjustment amounts (IRMAA) affect roughly
7 percent of people with Medicare Part B. The 2020
Part B total premiums for high income beneficiaries
are shown in the following table:
Beneficiaries who file
individual tax returns
with income: Beneficiaries who file
joint tax returns with
income: Income-related
monthly adjustment
amount: Total monthly
premium amount:
Less than or equal to
$87,000 Less than or equal to
$174,000 $0.00 $144.60
Greater than $87,000
and less than or equal
to $109,000 Greater than $174,000
and less than or equal
to $218,000 $57.80 $202.40
Greater than $109,000
and less than or equal
to $136,000 Greater than $218,000
and less than or equal
to $272,000 $144.60 $289.20
Greater than $136,000
and less than or equal
to $163,000 Greater than $272,000
and less than or equal
to $326,000 $231.40 $376.00
Greater than $163,000
and less than $500,000 Greater than $326,000
and less than $750,000 $318.10 $462.70
Greater than or equal
to $500,000 Greater than or equal
to $750,000 $347.00 $491.60
Premiums for high-income beneficiaries who are married and lived with their spouse at any
time during the taxable year, but file a separate return, are as follows:
Beneficiaries who are married and
lived with their spouses at any time
during the year, but who file separate
tax returns from their spouses: Income-related
monthly adjustment
amount: Total monthly
premium
amount:
Less than or equal to $87,000 $0.00 $144.60
Greater than $87,000 and less than
$413,000 $318.10 $462.70
Greater than or equal to $413,000 $347.00 $491.60
CULLMAN COUNTY SENIOR MAGAZINE
SPRING 2020 | 43