Each fall, many higher-income Medicare beneficiaries receive a letter that raises their healthcare costs through higher IRMAA Medicare premiums, based on income decisions from two years earlier. The post is particularly relevant if you are approaching Medicare or recently retired. But if you are already on Medicare and are surprised by higher premiums, I will… Continue Reading: You Know Uncle Sam, Meet Aunt IRMAA
You have decided to retire. Now it is life after your last paycheck. There will be no more direct deposit, at least not from your former employer. We wrote earlier about Why Getting Old is the New Normal. Here are practical steps for retirement. Identify What It Costs You a Year to Live Before anything… Continue Reading: Life After Your Last Paycheck: Practical Steps for Retirement
3 Practical Ways to Minimize Your Lifetime Tax Bill Minimizing your lifetime tax bill is not about one clever move or one tax year. It is about making a series of smart decisions at different stages in your life, early career, peak earning years, and retirement. The goal is steady progress over decades, not perfection… Continue Reading: 3 Practical Ways to Minimize Your Lifetime Tax Bill