In this video, Amy Shepard of Sensible Money discusses how Medicare premiums can be impacted by IRMAA.
Пікірлер: 8
@stevemathews6845 ай бұрын
Very clear and helpful overview; thank you, Amy!
@2525zag7 ай бұрын
Amy, you did a great job! Your style reminds me of Dana...
@DanaAnspach3 ай бұрын
🤩
@waynemarch50652 ай бұрын
I don’t see the fairness in the IRMAA methodology. I am living off my IRA. Every withdrawal I need to withdraw an extra 20%. Then my SS is 85% taxable which then requires me to withdraw the tax amount + 20%. This year I had open heart surgery total out of pocket $9500 so need to pull out that amount + 20%. So like last year I may AGI may reach $160K but it wasn’t income when almost $40K was to pay taxes.
@charlesbyrneShowComments4all5 ай бұрын
A means test (punitive) to increase your premiums with no additional benefit to you for the increase.
@threeftr33494 ай бұрын
Make sure you downsize your house, 2 years before you take Medicare. I don't see an appeals process for downsizing your primary residence. Why? because they know thousands will do this before retirement, this giving them more opportunity to collect more taxes.. Two things are certain in life taxes and death!
@toreckman88997 ай бұрын
How does it work? Simple: “it” says bend over and smile. Well you know the rest…