Medicare IRMAA Calculator
Estimate Your Medicare Premiums and Income-Related Surcharges
Understanding your future Medicare costs is essential for effective retirement planning. This Medicare IRMAA Calculator provides an informed estimate of your projected premiums and any applicable income-related monthly adjustment amounts (IRMAA). These surcharges are based on your modified adjusted gross income, and even modest variations in income—particularly from IRA withdrawals—can meaningfully influence your total Medicare obligation.
2026 IRMAA Calculator
Calculate Your Medicare Income-Related Monthly Adjustment Amount
What is IRMAA?
IRMAA is an additional premium surcharge for Medicare Part B and Part D based on your income. Your 2026 IRMAA is determined by your Modified Adjusted Gross Income (MAGI) from your 2024 tax return, reflecting Medicare's two-year lookback policy.
Your 2026 Medicare Costs
Monthly Total
Annual Total
Premium Breakdown
All calculations rely on current IRMAA brackets, premium schedules, and applicable assumptions, which are subject to change at any time. Actual outcomes may vary due to changes in federal law, IRS or SSA methodologies, future income, filing status, deductions, or other personal circumstances. Moran Wealth Management® does not guarantee the accuracy of any projections or the applicability of the calculator to your specific situation.
You should consult directly with a qualified financial professional, tax professional, or the Social Security Administration before making any decisions based on these estimates. Use of this tool does not establish a client relationship with Moran Wealth Management®.
Moran Wealth Management, LLC (MWM) is an SEC registered investment adviser located in Naples, Florida. Registration as an investment adviser does not imply a certain level of skill or training.
A copy of MWM's current written disclosure statement as set forth on Form ADV, discussing MWM's business operations, services, and fees is available from MWM upon written request or by visiting https://adviserinfo.sec.gov/. MWM does not make any representations as to the accuracy, timeliness, suitability or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
Moran Wealth Management, LLC is a separate entity and not affiliated with any other entity or practice that uses the same name.
The IRMAA Calculator provides a generalized estimate based on the information you input and the Medicare Income-Related Monthly Adjustment Amount (IRMAA) thresholds published by the Centers for Medicare & Medicaid Services. The results are hypothetical and are intended solely for educational and illustrative purposes. They do not constitute financial, tax, or legal advice and may not reflect your actual Medicare premiums or future tax liabilities.
All calculations rely on current IRMAA brackets, premium schedules, and applicable assumptions, which are subject to change at any time. Actual outcomes may vary due to changes in federal law, IRS or SSA methodologies, future income, filing status, deductions, or other personal circumstances. Moran Wealth Management® does not guarantee the accuracy of any projections or the applicability of the calculator to your specific situation.
You should consult directly with a qualified financial professional, tax professional, or the Social Security Administration before making any decisions based on these estimates. Use of this tool does not establish a client relationship with Moran Wealth Management®.
How IRMAA Works
Medicare’s Income-Related Monthly Adjustment Amount applies to higher-earning individuals whose income exceeds specific thresholds established annually by the Social Security Administration. IRMAA affects both Medicare Part B and Part D premiums. The surcharge is determined using your modified adjusted gross income from two years prior, which creates a planning challenge for retirees managing distributions, capital gains, and other taxable events. A thoughtful approach to income can reduce unnecessary surcharges and optimize long-term retirement outcomes.
Frequently Asked Questions about IRMAA
IRMAA is the Income-Related Monthly Adjustment Amount, an additional surcharge added to Medicare Part B and Part D premiums for higher-income beneficiaries.
IRMAA is calculated using your modified adjusted gross income from two years prior, as reported to the Social Security Administration.
Yes. IRA withdrawals increase your taxable income and may push you into a higher IRMAA bracket.
Yes. You may appeal IRMAA if you experience a qualifying life-changing event such as retirement, marriage, or income loss.