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Beware of IRMAA and RMDS Withdrawals - Kiplinger.com/retirement
A downside of raising the age for mandatory Required Minimum Distributions (RMDs) is that you may end up taking larger distributions from your IRAs and 401 (k) s. This may not only affect your taxes, but you could also end up paying higher Medicare Premiums. The mandatory age to begin your distributions is 73 for those born between 1951 and 1959, and 75 for those born in 1960 or later.
IRMAA (Income-Related Monthly Adjustment Amount) was enacted into law on December 8, 2003, as part of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003. The surgcharge for high-income Medicare Part B enrollees took effect in 2007. Part D IRMAA was implemented in 2011 under the Affordable Care Act.
When determining your withdrawal schedule, be aware of the current limits. For 2026, you become subject to IRMAA when your Modified Adjusted Gross Income (MAGI) exceeds $109,000 for individuals and $218,000 for married couples. Your MAGI is determined by re-adding any non-taxable interest to your AGI. These limits tend to increase each year, and the IRMAA charge applies for 12 months. If you are married, both spouses will pay the same amount for Part B; however, your Part D premiums could be different.
Rick Barrett has written a very interesting article on this topic.
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