Question: My mother received a Medicare Income-Related Monthly Adjustment Amount notice of increase recently. Does the fact that she is paying $96,000 in assisted living costs per year now have any bearing on her income? We don't take any medical deductions.

Answer: Unfortunately, there is no deduction here for assisted living, says Jae Oh, author of Maximize Your Medicare.

Read more from Medicare about initial Income Related Monthly Adjustment Amounts (IRMAA).

Got questions about money, retirement and/or investments? Email Robert.Powell@TheStreet.com.

Question: My mother received a Medicare Income-Related Monthly Adjustment Amount notice of increase recently. Does the fact that she is paying $96,000 in assisted living costs per year now have any bearing on her income? We don't take any medical deductions.

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