I’m also how: What is IRMAA (and that does e stand for) How IRMAA will calculated; The 10 best ways for avoids IRMAA; If you want to lower to Medicare premiums and learn how to reduce IRMAA, you will enjoy. 90 in 2023. 90 to $174. ( Check out the 2023 Part D IRMAA amounts here . It is exasperating! According to latest Medicare Board of Trustees report from the IRMAA brackets will increase by over 6. Medicare Shared Savings Program Saves Medicare More Than $1. Your IRMAA is based on the modified adjusted gross income stated on your tax form. The annual deductible for all Medicare Part B beneficiaries will be $240 in. On October 12, 2023, the Centers for Medicare & Medicaid Services (CMS) released the 2024 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2024 Medicare Part D income-related monthly adjustment amounts. 2024 Medicare IRMAA (Income-Related Monthly Adjustment Amount) amounts are increased premiums higher income earners must pay for Medicare Part B and Part D benefits. Income tax brackets. 50 in 2024. Calendar Year 2024 Participation in the Medicare Advantage Value-Based Insurance. News; Finance; Sports; More. 7. Greater than or equal to $750,000. IRMAA is simply a tax on those who earn too much income. 50 in 2024. 2. DW is 63 in 2023, so your 1040 for this year will be used to set her IRMAA (& yours) for 2025. 8% in 2024, from $56. Average 2024 Medicare Advantage (MA) premiums and deductibles, among other key information, are released annually in September with the MA & Part D Landscape. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023. com. The Inflation Reduction Act offers potential reductions in out-of. The standard monthly premium for Medicare Part B enrollees will be $174. Nothing is official yet, but by law the IRMAA Brackets adjust according to the Consumer Price Index for Urban Consumers (CPI-U). That beneficiary bracket would pay $157. They are typically announced in October of the preceding year by the Centers for Medicare & Medicaid Services (CMS). For 2024, catch-up contributions are expected to stay the same as 2023. For Part D, the IRMAA surcharges range from an additional $12. Medicare Shared Savings Program Saves Medicare More Than $1. Leqembi is a treatment for those in the early. 10 at the top income bracket. 30 a month and increases to $77. On September 27, 2022, the Centers for Medicare & Medicaid Services (CMS) released the 2023 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2023 Medicare Part D income-related monthly adjustment amounts. 70 in 2024, an increase of $9. 50 per month, depending on income and filing status. The Part D surcharge uses the same income brackets as those used for Part B. The adjustments implied a 6. However, some people may receive a bill for. So it's as I thought, you can't plan to stay inside IRMAA thresholds as you won't know until the determining year is over - e. But you will pay higher rates if you earned more than $103,000 on your individual 2022 tax return or more than $206,000 on a joint return. On September 27, 2022, the Centers for Medicare & Medicaid Services (CMS) released the 2023 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2023 Medicare Part D income-related monthly adjustment amounts. [RELATED: 2023 Medicare Part B Rates Announced] IRMAA brackets are different from tax brackets. com1. Please learn 2024 Social Safety Value of Residing Adjustment (COLA) Projections and 2024 Tax Brackets, Commonplace Deduction, Capital Features, and so forth. However, in 2024, this number will increase to $7,000 for the new tax year with an additional catch-up rate of $1,000. The tax items for tax year 2024 of greatest interest to most taxpayers include the following dollar amounts: The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023. The majority of seniors impacted by the Medicare premium surcharge are between ages 65 and 80. 00% from 2023 and begin at $103,000 for an individual. 90 in 2023, which is down $5. For 2023, the IRMAA monthly surcharge for Medicare. Explore 401k contribution limits for 2024, Roth IRA rules, and more. CBO estimates that the second alternative—freezing the income thresholds for IRPs—would reduce the deficit by $57 billion between 2024 and 2032 and increase the share of enrollees who pay an IRP from 9 percent to almost 10 percent in 2024 and from 12 percent to 17 percent in 2032. 40 a month in 2024. Here’s what happened. “If the reduction in your income in 2020 was enough to move you to a lower IRMAA bracket, you may. Inflation Causes IRS to Raise Tax Brackets, Standard Deduction by 5. 90 per month for those in the lowest income-adjustment bracket. 90 each month on top of the cost of your Part D premium. 2024 IRMAA Brackets We have zero data point as of right now for what the IRMAA brackets will be in 2024 (based on 2022 income). 70 , an increase of nearly $10 a month. Here’s how it works. Medicare's annual open enrollment period begins Oct. And the last data point listed in the Financial Buff is the 2023 income. Current projections indicate that Medicare part B premiums are set to increase by 14. 86 in 2023 to $18. The. Half B Premium 2023 Protection (2021 Earnings) 2024 Protection (2022 Earnings) Normal: Single: <= $97,000If your income is above a certain limit ($97,000 if you file individually or $194,000 if you’re married and file jointly) (in 2024, $103,000 if you file individually or $206,000 if you’re married and file jointly), you’ll pay an extra amount in addition to your plan premium (sometimes called “Part D-IRMAA”). That beneficiary bracket would pay $157. Most Medicare Part B users – those whose tax returns in 2019 were $88,000 or less for an individual tax return (or married but filing a separate return) or $176,000 for a joint return – are paying $148. Ryan Kennelly 1 month ago Updated Follow Medicare Plan Quotes What are the 2024 IRMAA Brackets? Nothing is official yet, but by law the IRMAA Brackets adjust. 60 per. IRMAA rates for 2022. Before Filing Your 2022 Federal Taxes. This will throw you into the top IRMAA bracket, increasing your spouse and your monthly 2024 Medicare Part B premiums to $578. (Sometimes, they may have to use three-year-old returns. The Finance Buff's IRMAA estimate for 2024 is missing 14 months of inflation data at this point so I would follow his advice to "give yourself some margin to. 70, an increase of nearly $10 a month. 40, for a combined $1,610. Medicare Part B rates. Each year, the Medicare Part B premium, deductible, and coinsurance rates are determined according to provisions of the Social Security Act. The annual deductible for all Medicare Part B enrollees in 2024 will be $240, an increase of $14 from the 2023 deductible of $226. Which bracket you fall into depends on your taxable income with a few deductions, such as IRA contributions and interest from tax-free bonds, added back in. Calendar Year 2024 Participation in the Medicare Advantage Value-Based Insurance Design Model: Innovating to Meet Person-Centered Needs. Married Filing Separately. The top IRMAA bracket applies to married couples with adjusted gross. In contrast, contributions to traditional IRAs or 401(k)s are made with pre-tax dollars and are then taxed when withdrawn. 90 to $174. gov or . The brackets and corresponding IRMAA amounts may change each year, so it's important to check the latest information from the CMS. 50 a month in 2021. Medicare Part B Premium and DeductibleIncome Tax Brackets for 2024 Are Set. 32% from 2023 to 2024, which is approximately a $13. IRMAA consists of 5 different Thresholds with the first Threshold having a surcharge of possibly $69. If you fall into this bracket this year but expect to be above the inflation-adjusted limits next year, it may make sense to realize the gains now and buy back the investment. For single filers, standard deductions are $14,600 in 2024, up from $13,850 this year. The projected average total Part D beneficiary premium is projected to decrease by 1. 49 in 2023. IRMAA: Medicare Floors. The rates increase for higher income brackets. They should also inform SSA that their anticipated 2025 AGI of $150,000 would put them below the high-income threshold and therefore only have it pay the regular Part B. In addition, the Tax Cuts and Jobs Act of 2017 is set to expire after 2025. 70 in 2024, a $9. When will Medicare Part B premiums for 2024 be announced? At the time of the Trustees Report the 2024 brackets for IRMAA Planning will be: The standard monthly premium for Medicare Part B enrollees will be $174. 6% rate assumes your income was just. Medicare will make the official announcement quickly. These are the official numbers for the tax year. The standard premium for Medicare Part B is $174. Skip to main content. Oct 12, 2023. The ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. The federal government will collect $63. The Social Security COLA may be 3%, according to a new. 70 in 2024. 2024 Social Security COLA. Taxpayers will file their 2024 taxes in early 2025. 80 from $164. 50. The IRMAA 2023 threshold for married couples is $194,000. The surcharge is calculated based on tax returns you reported from two years prior: meaning your 2022 income determines your IRMAA in 2024, your 2023 income determines your IRMAA in 2025, and so on. As ehh indicated, one uses one's 2022 MAGI and the 2024 IRMAA brackets (to be announced around October of 2023) to determine whether one pays IRMAA during calendar year 2024. Finally, for heads of households, the standard deduction will jump up $1,100 for tax year 2024 to $21,900. and this is the frustration - the inflation year goes from Sept 2023 - August 2024. Here are the brackets for 2022: Projected IRMAA brackets for 2023notBobToo wrote: ↑ Wed Oct 27, 2021 4:03 pm In your example, your MAGI for 2022 determines your IRMAA (or not) for the single year of 2024. That’s why I’m looking for sensible predictions, not the actual brackets. [Updated on November 14, 2023. 70 for 2024, an increase of $9. Use our free 2025 Tax Refund Calculator to estimate your 2025 taxes (currently based on data available. MrLoco wrote: ↑ Mon Jan 16, 2023 2:40 pm I have read some of the previous posts on doing Roth conversions beyond the first IRMAA tier to lessen the effects of future RMD's from a TRad. applicable premium is shown on the right. Schulte expects the 2024 IRMAA income thresholds to be $101,000 for singles and $202,000 for married couples. $560. Standard monthly premiums are slated to rise by $9. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023. Just realize that their 2023 estimates, based on 2021 income, are updated often, already up over 5% in a few months, so you may have the opportunity to do more Roth conversions in December 2022, for 2024 IRMAA. The 2022 rates topped 2021 figures by 14. We have all 12 data points out of 12 for the IRMAA brackets in 2024 (based on 2022 income). Depending on which IRMAA Threshold you reach and what your Social Security benefit may be there is a good chance that your. 2024 Medicare Parts A & B Premiums and Deductibles. For the 2024 predictions of IRMAA for 0% or 5%, and regardless of which of the above two monthly increases to the CPI-U that one uses from November 2022 to August 2023, and consistent with FactualFran's nudging, the predicted 2024 IRMAA brackets are exactly the same, due to rounding to the nearest $1000. 80 from $164. 20 in repayment as part of the income-related monthly adjustment amount (IRMAA) premium dollars, which reduce (dollar for dollar) the amount of general revenue received. 2nd Surcharge Bracket: 6:42%. 2024 Annual Cost-Sharing Limits. MenuThe Income-Related Monthly Adjustment Amount sliding scale is a set of statutory percentage-based tables. Effective Date: 01/01/2023 Document Type: Notice Document Citation:. And for tax years after 2019, the bracket for the year, e,g, 2019+n is set by multiplying $85,000 by. Medicare’s Part B standard monthly premium will increase to $174. 90 in 2023. Rounded to the nearest 1000 is 87000. Since we will blend CY 2024 risk scores using 67% of the risk scores under the current risk adjustment model and 33% of the risk scores under the finalized 2024 risk adjustment model, the bottom line table reflects the blend of the MA risk score trends under the two models, yielding a 4. 70 in 2024). 50 a month, depending on income. 70 for 2024, an increase of $9. 2024 Medicare Parts A & B Premiums and Deductibles. 90 in 2023, a decrease of $5. The standard premium for Medicare Part B is $174. 10 from $135. POMS: HI 01101. Individuals in the lowest IRMAA tier will save $62. Learn about brackets, surcharges, appeals, Medicare costs and IRMAA is based on your modified adjusted gross income. In addition, more details are available in the accompanying Fact Sheet. For 2024, if your income is greater than $103,000 and less than $397,000 the IRMAA amount is $384. 4% Adjustments for key numbers for income, gift and estate taxes give taxpayers some planning opportunities By Ashlea Ebeling, The Wall Street Journal, Nov. 4% for each type of tax filer for 2024, such as those filing separately or as married. The standard Part B premium for most people in 2023 is $164. While bumping into the next IRMAA bracket may be avoidable in some years, IRMAA is reassessed each year. Meanwhile, investors who are 50 years old or older can contribute up to $8,000 to their IRA in 2024 (up from. Email: [email protected] tax year 2023 adjustments described below generally apply to tax returns filed in 2024. Congress held down this cost in a spending bill passed earlier this year. 49 in 2023 to $55. 90 for those in that bracket. What will IRMAA be for 2024? The specific IRMAA amounts for 2024 have not been released yet. The 2023 bracket increase should be higher than last year, due to inflation. Still, you can make reasonable estimates and give yourself some margin to stay clear of the cutoff points. Refer to the 2024 Medicare IRMAA Chart below for an idea of what Medicare costs you should expect in 2024. The annual deductible for all Medicare Part B beneficiaries will be $240 in. It’s nearing the end of 2023, and the Internal Revenue Service (IRS) just announced the new income tax brackets for 2024, allowing people to plan ahead for. 8% in 2024, from $56. 5 for 2024. Skip to main content. 90 in 2023. Note: In 2020, the Medicare Board of Trustees announced projections for future IRMAA adjustments (2021-2028). 1 Rebasing/re-pricing impact is dependent on finalization of the average geographic adjustment index and will be available with the publication of the CY 2024 Rate Announcement. From 2022 to 2023 the CPI-U, if inflation remains constant, will increase by 5. 80 from $164. This expected amount is a decrease of 1. 70. ) Tax Deductible Seclusion Book Contributors; 3. Over 8. Joint . 50 each month (or $175/year) for your Part D premiums. 80 from $164. In 2022, Medicare Part B saw a high increase of premium of 14. For most beneficiaries, the government pays a major portion of the total costs for this coverage, and the beneficiary pays the rest. Medicare agents’ business planIf TSCL's upwardly revised estimate proves accurate, a 3% cost-of-living adjustment in 2024 would add $55 per month to the average retired worker's Social Security check. IRMAA is an additional amount that some people might have to pay along with their Medicare premium. Oct 16, 2023What are the 2024 IRMAA Brackets? The IRMAA for Part B and Part D is calculated according to your income. I ran across and article today that says they now know what the IRMAA levels are for 2024, Medicare just hasn't announced them yet. The standard monthly premium for Medicare Part B enrollees will be $174. To determine whether you are subject to IRMAA charges, Medicare uses the adjusted gross income you reported on your IRS tax return two years ago. The 3. Sep 26, 2023. For married individuals filing joint returns and surviving spouses: The married filed jointly estimated numbers below were updated on September 14. The Social Security Administration (SSA) determines who pays an IRMAA based on the income reported 2 years prior. if the inflation runs 3% for the next 11 monrgs, then the IRMAA bracket would be $212,000. 0. That full table is presented next. These inflation adjustments are some of the biggest adjustments made in history that will change individual income tax brackets, and increase some key tax deductions and credits for tax year. For 2024, both the IRMAA bracket thresholds and the Medicare Part B premiums increased. Roughly 15% of all eligible Medicare beneficiaries are in IRMAA today. 80 from $164. The Internal Revenue Service announced its annual inflation adjustments to federal income-tax brackets for 2024 Thursday, an increase that slightly outpaces the. Each year, the Medicare Part B premium, deductible, and coinsurance rates are determined according to provisions of the Social Security Act. Individuals $123,001-$153,000 or. 80 from $164. I thought Medicare announced the next year’s IRMAA brackets in November or December. 10 in 2029. 43% from last year. This expected amount is a decrease of 1. 8 billion increase in MA payments for next year. IRMAA applicability and amounts are recalculated annually. We live in a world where taxable income is more important than gross income because it dictates our income tax bracket. 27, marks the first time since 2011-12 beneficiaries will pay less in a new year. 80 from $164. Currently their first single bracket estimates for 2023 are $95,000 and $96,000. Each individual will pay a Part B premium of $560. 2524(c)(1)(i) that for the 2024 plan year, the LI NET sponsor includes in its bid the assumption that Payment Rate A cannot exceed a 2 percent increase from the prior year's Payment A, which is a figure CMS will provide to the LI NET sponsor. Widow-hood had already decreased my income and increased my taxes. ) May 2023 forecast Our limit forecast is projected using two assumption sets. So, for 2024, the SSA looks at your 2022 tax returns to see if you must pay an IRMAA. 10/month in 2022 to $164. The Medicare Board of Trustees estimated the Medicare Part B premium for 2024 could be $174. Even the 2025 IRMAA brackets are not 'locked in' as it is predicated on the inflation adjustment from Sept 2023 - Aug 2024. In 2023, Medicare beneficiaries with a modified adjusted gross income above $97,000 have an income-related monthly adjustment (IRMAA) added to their Medicare Part B premiums. What are the IRMAA Brackets for 2024. The standard monthly premium for Medicare Part B enrollees will be $174. The Bipartisan Budget Act of 2018 calls for these brackets to remain constant until 2028 at which point, they will adjust annually. Under § 156. 50 in 2024. 60 in 2020. 2024 IRMAA Brackets. The IRS has announced the annual inflation adjustments for the year 2024, including tax rate schedules, tax tables and cost-of-living adjustments. Medicare Shared Savings Program Saves Medicare More Than $1. . The agency has boosted the income thresholds for each. 40, bringing the total monthly cost for Part B to $504. IRMAA Percentage Tables, Medicare Part B Premium Year 2023By: Taylor R. 10 at the top income bracket. 6 billion in 2023 from Medicare beneficiaries in IRMAA. 80 more than the $164. 8%, from $56. 4899877401, and the 2014Each year, the Medicare Part B premium, deductible, and coinsurance rates are determined according to provisions of the Social Security Act. Half B Premium 2023 Protection (2021 Revenue) 2024 Protection (2022 Revenue) Customary: Single: <= $97,0002024 Medicare Parts A & B Premiums and Deductibles. The increases are mainly. 90 in 2023. It pays to check to see how close you are to possibly being kicked into the next bracket. " So, it seems like it should be "very safe" to use 212k for planning purposes in 2023 to stay out of IRMAA trouble in 2025. 8% from $56. Knowing the brackets and your marginal tax rate can help with year-end planning. It can get expensive. 2024 Medicare Parts A & B Premiums and Deductibles. Search query. Income (MAGI) in 2020 determines which bracket applies. The tax items for tax year 2024 of greatest interest to most taxpayers include the following dollar amounts: The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023. 20/month from $170. 70 for 2024, an increase of $9. However, for those above the IRMAA threshold, premiums range between $230. The standard monthly premium for Medicare Part B enrollees will be $148. 30 each, a combined amount of $1,156. These rates also increased for 2024, and the rate brackets have been updated: Those with income from $103,001 to $129,000 on an individual return or from $206,001 to $258,000 on a joint return will pay $244. Cost-of-Living Adjustment (COLA) Information for 2024 Social Security and Supplemental Security Income (SSI) benefits for more than 71 million Americans will increase 3. 90 in 2023. Once you cross these thresholds, you will pay more for coverage. 70 to $347. Likewise, Medicare Part B IRMAA paid by higher-earning Medicare beneficiaries would decrease slightly. 2024 Medicare Parts A & B Premiums and Deductibles. 8 Billion in 2022 and Continues to. Oct 12, 2023. We propose in § 423. If you go over the IRMAA cliff in 2022 (for 2024 premiums), you pay the IRMAA for 2024 only. 90 in 2023. 2nd Surcharge Bracket: 6:42%. For 2020, the Medicare Part B monthly premiums and the annual deductible are higher than the 2019 amounts. Sep 13, 2023Hans Scheil November 14, 2023 Sign Up For Our Newsletter To Receive Weekly Updates. Sep 26, 2023. 2% over the Q3 average CPI-W in 2022, the 2024 Social Security COLA. 60 per month , up from $230. Sep 26, 2023. Medicare’s IRMAA Brackets from 2007 to 2022. Part B IRMAA, and Part D IRMAA for the higher income brackets for 2023. 2023 IRMAA Brackets: How Are I + What to How IRMAA This exists the ultimate guide in the 2022 and 2023 IRMAA brackets. The annual deductible for all Medicare Part B beneficiaries will be $240 in. Let's get one thing out of the way -- 2024's Social Security COLA won't come close to the raise seniors received at the start of 2023. 2024 Virginia Part D Plans; 2024 Wisconsin Part D Plans; 2024 Texas Part D Plans; 2024 Tennessee Part D Plans; P: (877) 410-9594. Here are the 2024 IRMAA amounts for married taxpayers that file separately: Part B Coverage. The income brackets that trigger IRMAA surcharges increased from $86,000 for single taxpayers and $176,000 for married couples in effect in 2021. Your premium is based on gross income (MAGI). The standard monthly premium for Medicare Part B enrollees will be $174. . The standard monthly premium for Medicare Part B enrollees will be $174. 10. 94%. 7 million enrollees are projected to be offered additional supplemental benefits, and/or additional rewards and incentives, as part of the Model test in 2024, up from 5. 90 in 2023. Subscribe Today Introduction: Welcome to our latest Cardinal lesson where we dive deep into the newly released 2024 IRMAA (Income-Related Monthly Adjustment Amount) numbers. - In 2026, the TCJRA requires that the federal tax brackets revert - so it's likely that they'll be in a higher bracket. 4th. Schulte expects the 2024 IRMAA income thresholds to be $101,000 for singles and $202,000 for married couples. Married Filing Jointly. I additionally challenge the Social Safety COLA and the tax brackets for subsequent 12 months. For those in the over $114,000 to $142,000 bracket, the premium is $340. 90 per month. 2024 IRMAA Brackets and Rules. For example, the month is November, and you want to buy a new car for $50k with only $40k of income left before you bump to the next IRMAA bracket. What is IRMAA used Medicare. That’s why I’m looking for sensible predictions, not the actual brackets. The $182,000 you quoted is from the MFJ 2022 brackets and is not correct. tax-exempt interest income (line 2a of IRS Form 1040). 50, though this varies based on individual plans. We live in a world where taxable income is more important than gross income because it dictates our income tax. ) Charitable Giving; 2. Oversimplifying, our taxable. Each year, the Medicare Part B premium, deductible, and coinsurance rates are determined according to provisions of the Social Security Act. The costs will go up from the current $164. 50 for 2021, an increase of $3. 20 from. 70 for 2024, an increase of $9. Whatever is IRMAA for Medicare. The standard Part B Premium REDUCED $5. CMS has proposed reducing the 2024. For married filers, the ideal taxable income amount for 2024 is $383,900. The IRMAA Brackets by law should be higher. IR-2023-203, Nov. 90 in 2023. Medicare will make the official announcement soon. Here are the 2024 IRMAA amounts for married taxpayers that file separately: Part B Coverage. As the rate of inflation continues to fall, Social Security beneficiaries may expect to see a much lower cost-of-living adjustment for 2024. Here’s the breakdown of the 2024 Part B and Part D IRMAA. Oct 12, 2023. 2024 and have been doing Roth Conversions annually in the. 30 each, a combined amount of $1,156. Sep 26, 2023. The five IRMAA brackets, which are adjusted annually for inflation, usually are announced in late September. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023. Each year, the Medicare Part B premium, deductible, and coinsurance rates are determined according to provisions of the Social Security Act. Medicare Part B and Part D Prescription Drug coverage for year 2023 IRMAA tables. This will throw you into the top IRMAA bracket, increasing your spouse and your monthly 2024 Medicare Part B premiums to $578. . The standard monthly premium for Medicare Part B enrollees will be $148. com Just a month after learning their Social Security payments will increase 5. Beginning in CY 2024, the Low-Income Subsidy program (LIS) under Part D will be expanded so that beneficiaries who earn between 135 and 150 percent of the federal poverty level and meet statutory resource limit requirements will receive the full LIS subsidies that, prior to 2024, were available only to beneficiaries earning less than 135. 9 million in 2023 and 4. Lower Average Total Part D Premiums in 2024. 1 million in 2022. (CMS) has announced that the standard monthly Part B premium will be $164. The possible 2024 IRMAA Brackets (not official) January 2024 marks when other changes will happen based on the increase in the national average wage index. Tax brackets. While Medicare Part A and Part B premiums have. 70 in 2024, an increase of $9. ”. - The surviving spouse will also have a higher IRMAA bracket. IRMAA consists of 5 different Thresholds with the first Threshold having a surcharge of possibly $69. 80 from $164. 70. For the first two IRMAA brackets, it’s clear that.