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5min chapter
The IRMAA Tax Is Coming For You with Mark Annese and Dan McGrath
Economics Matters with Laurence Kotlikoff
Navigating Medicare Premiums and Financial Modeling
This chapter delves into the impact of the IRMAA tax on Medicare premiums for high-income individuals, emphasizing the importance of planning for potential future costs by understanding income brackets, inflation rates, and enrollment timing. It explores financial modeling through factors like base premiums, income sources, growth rates, and residency considerations during retirement, stressing the significance of planning for expenses like required minimum distributions (RMDs).
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode