Kimmy Wan

Oct 1, 20191 min

Medicare Benefit

Updated: Apr 11, 2023

Good news to those of you retiring this year at 65 years old!

Starting next year, with income brackets more than $85,000 as individuals and $170,000 as couples filing jointly (based on MAGI), the surcharges (Income-Related Monthly Adjustment Amounts) for Medicare Parts B (medical services and supplies) and D (prescription drugs) will be indexed to inflation for the first time since 2010.

For your financial planning purposes, we have created the complimentary Medigap plan comparison chart:


This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. Any views or opinions expressed may not reflect those of the firm as a whole. 2019 KW Wealth Management All rights reserved.

    600
    46