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:
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