In 2022, I enrolled a man in a MAPD as he turned 65. He's not collecting SS benefits yet, so he's been paying his Part B premium quarterly.
Now 67yo, he just received a letter saying that he suddenly owes IRMAA for income in the $193k-$499k range and due on 9/24. When I talked with him, he said that his 2022 income was less than $60,000. His income has been below the IRMAA triggering level throughout 2020-2023, as shown on his tax returns.
What is the process for correcting an error in assessing IRMAA? Filling in a SSA-44 was my first thought, but this situation doesn't seem to fit. Call SSA? Or perhaps submitting a SSA-44 with the 2023 tax return is a simpler solution?
What could trigger a mid-year notification of IRMAA when it's based on the tax return from 2022?
TIA
Now 67yo, he just received a letter saying that he suddenly owes IRMAA for income in the $193k-$499k range and due on 9/24. When I talked with him, he said that his 2022 income was less than $60,000. His income has been below the IRMAA triggering level throughout 2020-2023, as shown on his tax returns.
What is the process for correcting an error in assessing IRMAA? Filling in a SSA-44 was my first thought, but this situation doesn't seem to fit. Call SSA? Or perhaps submitting a SSA-44 with the 2023 tax return is a simpler solution?
What could trigger a mid-year notification of IRMAA when it's based on the tax return from 2022?
TIA