The Medicare Part B Income Surcharge Most Retirees Overlook

Episode 16 of Retirement Planning with Fexingo reveals a hidden tax on retirement income that catches millions of retirees by surprise: the Income-Related Monthly Adjustment Amount, or IRMAA. Lucas and Luna break down exactly how IRMAA works, why it's triggered by seemingly small Roth conversions and capital gains, and how a single year of high income can spike Medicare Part B and Part D premiums for two years. They walk through the 2026 income brackets, the steep 200% premium surcharge at the top tier, and three strategies to avoid the surcharge: spreading Roth conversions across multiple years, timing capital gains, and filing an appeal if you've had a life-changing event. Listeners learn one concrete number—$94,000 for a single filer—and how to keep more of their Social Security benefits by managing modified adjusted gross income. #Medicare #IRMAA #RetirementPlanning #PartBPremiums #SocialSecurity #RothConversion #CapitalGains #ModifiedAdjustedGrossIncome #HealthcareCosts #FexingoBusiness #BusinessPodcast #Finance #Retirement #WealthManagement #TaxStrategy #ElderCare #Insurance #FinancialLiteracy Keep every episode free: buymeacoffee.com/fexingo