Streamline Retirement Planning with Accurate IRMAA Cost Calculations

IRMAA Calculator Software

Simplify retirement planning with IRMAA Calculator Software, providing accurate cost calculations and comprehensive reports for financial professionals.

Mark Annese
Mark AnneseDecember 20, 20235 min read

Calculate IRMAA Costs with Ease

As a financial professional, you understand the importance of accurate IRMAA calculations in retirement planning. Our advanced IRMAA Calculator Software is designed to simplify this process and provide you with the tools you need.

The Income-Related Monthly Adjustment Amount (IRMAA) can significantly impact a retiree's healthcare costs. Our software makes it easy to quickly and accurately calculate these costs within a client's retirement plan.

The process of calculating IRMAA costs can be complex due to the various income thresholds and changing rates each year. Our software simplifies this task by providing an intuitive interface that guides users through the necessary steps.

Streamline Retirement Planning Processes

Our software automates the initial IRMAA determination based on adjusted gross income (AGI) and tax return data. This streamlined approach allows financial professionals to focus on developing tailored strategies that minimize clients' overall healthcare expenses during retirement.

By automating complex calculations, advisors can maximize their clients' Social Security benefits while accounting for IRMAA's impact on Social Security and Medicare premiums.

Key Software Features

  • Automated IRMAA Determination: Based on AGI and tax return data
  • Multi-Year Projections: Forecast IRMAA costs across retirement years
  • Scenario Comparison: Compare different income strategies
  • Client-Ready Reports: Professional reports for client presentations
  • Current Bracket Data: Always up-to-date with latest IRMAA thresholds

Accurate Results and Comprehensive Reports

Our software takes into account various factors such as AGI adjustments, MAGI calculations, and Form SSA-44 submissions to deliver accurate results you can rely on.

Generate comprehensive reports that clearly communicate IRMAA costs and planning strategies to your clients. These reports help demonstrate your value as an advisor and support informed decision-making about strategies to reduce MAGI.

See Our IRMAA Calculator in Action

Schedule a demo to see how our software can transform your retirement planning practice.

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  • Automated IRMAA cost calculations based on AGI and tax data
  • Multi-year IRMAA projections for comprehensive planning
  • Income scenario comparisons for strategy optimization
  • Client-ready professional reports
  • Always current with latest IRMAA bracket data
  • Designed specifically for financial professionals

Related Resources

How Is IRMAA Calculated

Understanding IRMAA math

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2025 IRMAA Brackets

Current year brackets

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IRMAA Websites

Done-for-you advisor sites

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Free Demo

See our planning tools

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Frequently Asked Questions

Common questions about our platform and services

What is IRMAA Calculator Software?

Our IRMAA Calculator Software is a Healthcare Retirement Planner designed for financial professionals to quickly and accurately calculate IRMAA costs in a client's retirement plan.

How does the software calculate IRMAA costs?

The software automates IRMAA determination based on adjusted gross income (AGI) and tax return data, accounting for various income thresholds and changing rates each year.

Who is this software designed for?

The software is designed for financial professionals, financial advisors, CPAs, and retirement planners who need to accurately project IRMAA costs for their clients.

What reports does the software generate?

The software generates comprehensive reports including multi-year IRMAA projections, income scenario comparisons, and detailed cost breakdowns for client presentations.

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