Yes. Since your 2014 income is below the income-related
monthly adjustment amount
(IRMAA) level, you may wish to have your 2015 IRMAA premiums reconsidered based
on your 2014 income taxes and change in employment status.
According to the Social Security Administration (SSA), if your annual
income has decreased because you are no longer working, you can contact the
SSA, explain your situation, and ask to have the agency reconsider your income-related
monthly adjustment amount. Please note
that you will need the appropriate documentation verifying the changes in your personal finances, such as
correspondence from your employer about your retirement and a signed copy of your
2014 federal income tax return.
Please also note that you can
appeal the SSA 2015 IRMAA determination --- and we have information on appealing IRMAA here:
https://q1medicare.com/faq/FAQ.php?faq=What-can-I-do-if-I-do-not-agree-with-the-Social-Security-Administration-s--income-related-monthly-adjustment-amount-or-IRMAA-assessment-&faq_id=544