Uploaded April 2026 | Updated September 2026, 3 weeks ago
Most people don’t realize this until it’s too late; but your Medicare premiums are based on your income from **two years ago**. That means when you turn 65, Medicare is actually looking at what you earned at 63, and that can trigger higher premiums through something called IRMAA. Today, I’m breaking down how this works and, more importantly, how you may be able to lower those premiums if your income has dropped. I’ll walk you through a little-known form called SSA-44, when it applies, and how certain life changes like retirement or reduced work can help you get your premiums recalculated sooner instead of overpaying for years.
Follow my page for clear, no-fluff financial planning steps!
Visit for more - wealthrb.com
Securities offered through LPL Financial, Member FINRA/ SIPC. Investment advice offered through IHT Wealth Management, a registered investment advisor. IHT Wealth Management and RB Wealth Partners are separate entities from LPL Financial.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.
#CFP #Financialplanner #retirement #retirementincome #IRS #retirementfinancialplanning
Most people don’t realize this until it’s too late; but your Medicare premiums are based on your income from **two years ago**. That means when you turn 65, Medicare is actually looking at what you earned at 63, and that can trigger higher premiums through something called IRMAA. Today, I’m breaking down how this works and, more importantly, how you may be able to lower those premiums if your income has dropped. I’ll walk you through a little-known form called SSA-44, when it applies, and how certain life changes like retirement or reduced work can help you get your premiums recalculated sooner instead of overpaying for years.
Follow my page for clear, no-fluff financial planning steps!
Visit for more - wealthrb.com
Securities offered through LPL Financial, Member FINRA/ SIPC. Investment advice offered through IHT Wealth Management, a registered investment advisor. IHT Wealth Management and RB Wealth Partners are separate entities from LPL Financial.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.
#CFP #Financialplanner #retirement #retirementincome #IRS #retirementfinancialplanning
