A $60,000 Annuity Payout Pushed a Retired Couple Over the Medicare IRMAA Line Two Years Later

A $60,000 Annuity Payout Pushed a Retired Couple Over the Medicare IRMAA Line Two Years Later

The post A $60,000 Annuity Payout Pushed a Retired Couple Over the Medicare IRMAA Line Two Years Later appeared first on 24/7 Wall St.. A $60,000 annuity payout in 2024 can trigger $2,000+ in extra Medicare Part B and Part D premiums two years later for a married couple, applied separately to each spouse's bill. If you're considering cashing out an annuity after 62, talk to your tax preparer first to time it around other income or annuitize sm…