If you are seeing a higher Medicare Part B premium than you think you should, that is probably because of the Income Related Monthly Adjustment Amount (IRMAA). This happens if your income is considered high, and they are looking at your tax return from two years ago. Watch this video to learn how to appeal!

This is for those whose income has dropped in the past two years, which will potentially move you to a lower premium bracket for Medicare.

Get the SSA-44 Form Here:
https://www.ssa.gov/forms/ssa-44.pdf
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Find a Local Social Security Office Here:
https://secure.ssa.gov/ICON/main.jsp
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IRS Publication on IRMAA Refunds:
https://www.ssa.gov/pubs/EN-05-10507.pdf
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This video is NOT sponsored.

The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning.

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⏰ TIME CODES ⏰
0:00 Introduction
0:11 How Your Premium is Calculated
1:09 Important Disclaimer
1:25 Tutorial Begins
1:42 Your Name & SSN
1:57 Step 1
3:40 Step 2
4:19 Step 3
5:08 Step 4
5:41 Step 5
5:48 Where to Submit
6:30 Wrapping Up

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#medicare #90daysfromretirement #medicareexplained #medicarepartb #cmsl564 #medicareforms #medicaretutorial

Federal Disclaimer:
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.