6 calculators in this category
- Medicare IRMAA Surcharge CalculatorSocial Security Act §1839(i) — income-related monthly adjustment amountIRMAA is the income-related surcharge added to Medicare Part B and Part D premiums for higher-income beneficiaries, and it is a…
- Medicare Part D Drug Cost CalculatorPart D standard benefit as redesigned by the Inflation Reduction ActPart D does not charge one rate all year. You pay the whole cost of your drugs until the deductible is met, then a share of…
- Medigap vs Medicare Advantage Cost CalculatorThe two routes through Medicare fail in opposite directions. A Medigap policy charges a large fixed premium and leaves almost…
- Medicare Late Enrollment Penalty CalculatorBoth Medicare late enrollment penalties are permanent. Part B adds 10% to your premium for every full twelve-month period you…
- Social Security Benefit Taxation CalculatorIRC §86 — taxation of Social Security benefits (IRS Publication 915)Whether your Social Security benefit is taxed depends on a measure the tax code calls combined income and everyone else calls…
- Retirement Healthcare Cost CalculatorMedicare eligibility at age 65This calculator projects what medical care will cost you from the day you stop working until the age you plan to live to, and…
Which one do you need?
- Medicare IRMAA Surcharge Calculator
- Place your MAGI in the IRMAA brackets that set Part B and Part D surcharges: annual cost, headroom to the next cliff, and what crossing it would cost you.
- Medicare Part D Drug Cost Calculator
- Walk a year of drug spending through the Part D deductible, initial coverage and catastrophic phases, and see the month your out-of-pocket cap is reached.
- Medigap vs Medicare Advantage Cost Calculator
- Compare a Medigap plan plus Part D against a Medicare Advantage plan across light and heavy years, with the break-even copay level and worst-case exposure.
- Medicare Late Enrollment Penalty Calculator
- Compute the permanent Part B and Part D late enrollment penalties from the months you went uncovered, and see what they cost over the rest of your life.
- Social Security Benefit Taxation Calculator
- Apply the provisional income test to see how much of your Social Security benefit is taxable, and the effective marginal rate on your next $1,000 of income.
- Retirement Healthcare Cost Calculator
- Project lifetime medical costs in retirement, including the expensive pre-Medicare bridge years, with healthcare inflation and a present value in today's dollars.
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