Social Security Fairness Act and IRMAA

Did you know your client's Adjusted Gross Income can affect how much they pay for Medicare premiums? You will certainly get an earful from your client when they find out their Medicare premiums are going up. Is there anything you can do about it? This is called the Income-Related Monthly Adjustment Amount (IRMAA). We will review how IRMAA is computed and what we can do to help our clients manage their IRMAA amount. We will start with a bonus topic of the Social Security Fairness Act which was passed in January, 2025 which may affect some of your clients who can get retroactive Social Security benefits all the way back to 2024.

2 IRS CE/2 CTEC/2 NASBA CPE

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*Self-Study recording not available for NASBA CPE credit.

IRS Program #: 7Q3WU-
CTEC Course #: 6248-CE-