Capital gains and irmma

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Lennyw
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Joined: Sun Feb 11, 2024 4:20 pm

Capital gains and irmma

Post by Lennyw »

I will have a long term capital gain on a land sale. It will put us in the second highest irrma on part b. We have fehb federal health care my wife elected to take partb I didn't. Can she drop partb for the year we have iirmma?
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retired@50
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Location: Living in the U.S.A.

Re: Capital gains and irmma

Post by retired@50 »

Lennyw wrote: Sun Feb 11, 2024 4:29 pm I will have a long term capital gain on a land sale. It will put us in the second highest irrma on part b. We have fehb federal health care my wife elected to take partb I didn't. Can she drop partb for the year we have iirmma?
I don't think she'd want to drop part B, especially if she intends to re-enroll later...

The IRMAA increase only lasts for one year. It will adjust once the income spike goes away.

See link: https://www.nerdwallet.com/article/insu ... are-part-b

Regards,
If liberty means anything at all it means the right to tell people what they do not want to hear. -George Orwell
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