Does IRMAA go away automatically if my income drops, or do I need to report it to Social Security?

Answered by 2 licensed agents

SSA uses two years of tax returns to determine decrease in income to make a change.

Answered by Robert Pennington on March 25, 2025

Broker Licensed in NC, GA, SC & VA

Answered by Robert Pennington Medicare Insurance Agent
Completing your income tax return should change your recorded income for calculating IRMAA. Even with that being said, it makes sense to go ahead and attach your income tax form with an appeal to insure your surcharge is removed.

Answered by Matthew Libby on March 31, 2025

Broker Licensed in TN, AR, KY, OH & OR

Answered by Matthew Libby Medicare Insurance Agent

Tags: Social Security The Medicare System

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