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STATE OF NEW YORK ANDREW M. CUOMO DEPARTMENT OF CIVIL SER VICE JERRY BOONE GOVERNOR ALBANY, NEW YORK 12239 www.cs.ny.gov COMMISSIONER October 2014 Reimbursement of the 2014 Medicare Part B Income-Related
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IRMAA stands for Income-Related Monthly Adjustment Amount, which is an additional amount that high-income beneficiaries are required to pay for Medicare Part B and Part D premiums in New York.
Individuals with higher incomes who are enrolled in Medicare Part B and Part D in New York are required to file IRMAA.
To fill out IRMAA in New York, individuals need to provide information about their income to the Social Security Administration.
The purpose of IRMAA in New York is to adjust Medicare premiums based on the income levels of beneficiaries in order to help fund the program.
Income information such as adjusted gross income, tax-exempt interest, and income from retirement accounts must be reported on IRMAA in New York.
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