Due to the law changing over the years and requiring higher earners to pay more, about 4.3 Million Medicare beneficiaries are subject to so-called income-related monthly adjustment. While the standard monthly premium for Medicare Part B is $144.60 this year, some beneficiaries pay as much as $491.60. If your income is different from what Social Security used to determine, there is a process for asking the agency a reconsideration. Note: If you are unsure why you are paying an IRMAA, you can call Social Security, 800-772-1213. The process involves asking the agency either through a phone call or through writing to reconsider their assessment. You will have to fill out a form and provide supporting documents such as: a recent tax returns a letter from your former employer stating that you have retired recent pay stubs showing evidence that your income has dropped. The required form includes a list of life-changing events that qualify as reasons for red...