📘 Get your FREE COPY of Resilient Retirement

📩 SUBSCRIBE to our WEEKLY EDUCATIONAL newsletter

_________________________________________________________

It can be frustrating to wake up and realize your Medicare premiums suddenly increased, even though you're making less money.

In this podcast, David explains IRMAA (Income-Related Monthly Adjustment Amount) and why it catches so many retirees by surprise.

We'll discuss:
- What IRMAA is and how it works
- Why Medicare premiums can increase years after you've earned the income
- Common events that trigger higher Medicare premiums
- How Roth conversions, IRA withdrawals, home sales and RMDs can affect IRMAA
- Questions to ask before making major financial decisions in retirement
- When you may be able to appeal an IRMAA surcharge
The goal isn't to avoid IRMAA at all costs. It's to understand the tradeoffs so you can make informed decisions that support your overall retirement plan.

_________________________________________________________

Investment advisory services are offered through Foundations Investment Advisors, LLC (“Foundations”), an SEC registered investment adviser. The content provided is intended for informational and educational purposes only. The views, statements and opinions expressed herein are those of the individual speaker(s) and not necessarily those of Foundations and its affiliates. The information contained herein does not constitute an offer to sell any securities or represent an express or implied opinion or endorsement of any specific investment opportunity, offering or issuer. Comments regarding a particular client’s experience may or may not be the same as another client’s experience and is not an indication that any client or prospective client will experience the same or a higher level of future success or performance. Any discussion of performance or returns is not indicative of future results. Each individual investor’s situation is different, and any ideas provided may not be appropriate for your particular circumstances. Foundations only transact business in those jurisdictions where it is properly registered or is excluded or exempted from registration requirements. Registration as an investment adviser is not an endorsement of the firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability. No legal or tax advice is provided. Always consult with a professional.
This is not endorsed or affiliated with any federal Medicare program, nor any U.S. government agency. If applicable, we do not offer every plan available in your area and contacting us will direct you to a licensed insurance agent. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.Gov or 1-800-MEDICARE to get information on all of your options.
A Roth conversion may not be suitable for your situation. The primary goal in converting retirement assets into a Roth IRA is to reduce the future tax liability on the distributions you take in retirement, or on the distributions of your beneficiaries. The information provided is to help you determine whether or not a Roth IRA conversion may be appropriate for your particular circumstances. Please review your retirement savings, tax, and estate/legacy planning strategies with your legal/tax advisor to be sure a Roth IRA conversion fits into your planning strategies.

#Medicare #IRMAA #RetirementPlanning #MedicarePremiums #FinancialPlanning #DavidDurham