Many retirees are caught off guard by IRMAA (Income-Related Monthly Adjustment Amount), the extra premium added to Medicare Part B and Part D if your income exceeds certain thresholds. Some believe IRMAA is unavoidable or that there’s no way to plan for it—but that’s not entirely true.

The reality is, IRMAA is based on your income from two years prior, and with the right planning, you may be able to manage or even reduce its impact. Without guidance, you might make financial moves—like selling an asset or withdrawing too much from a retirement account—that could unintentionally push you into a higher bracket.

At SOLE Financial Group, we help you understand how IRMAA works and how it fits into your overall retirement plan. By crafting a strategy tailored to your goals, we’ll help you minimize surprises and keep more of your hard-earned money where it belongs: funding the retirement you deserve.