3 Tactics Keep Your Medicare Surcharges As Low As Possible (or avoid them altogether)

The income related Medicare adjustment amount, or IRMAA, is difficult to understand and sometimes even more difficult to avoid. When you are receiving Medicare, you may have surcharges based on income from two years prior.

Those surcharges can be very punitive if you enter those brackets. At Retirement Planning services we want to help you build a financial plan that considers the current the impact that decisions made today can have on your future financial goals.

This content was written by Spencer S. Hall CFP®, RLP ®, CKA ®, MBA, MDiv

Spencer is a Certified Financial Planner™ with 14 years in the field of retirement and financial planning. As a second-generation financial advisor at Retirement Planning Services, Spencer brings a wealth of experience and passion to help clients align their wealth with their core values.

Advisory services offered through Retirement Planning Services, LLC.

The information in this article is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.