Hi Reader,
Medicare is top of mind for a lot of folks right now, but IRMAA surcharges often come as a costly surprise.
Whether you’re enrolling for the first time or helping a parent with Medicare decisions, you need to know about IRMAA surcharges for Medicare premiums.
IRMAA stands for Income Related Monthly Adjustment Amount and it can significantly increase costs in retirement.
This quick guide helps you determine if you will avoid the dreaded and costly IRMAA surcharges.
If you have questions about this or any other financial or tax planning matters, please feel free to reach out.
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David N. Waldrop, CFP®
Owner of Bridgeview Capital Advisors, Inc. a Registered Investment Advisor.
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