Medicare GPS Episode 10: The Surprise Medicare Tax
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Medicare GPS Episode 10: The Surprise Medicare Tax
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Most people don’t know about IRMAA, the surprise Medicare tax!In this episode of Medicare GPS, Paula and Jamon White, founders of Four Oaks Medicare Planning, break down what IRMAA is and how it affects those enrolling in Medicare. They explain the timing surrounding IRMAA and how to plan ahead and avoid paying increased premiums on your Medicare. The hosts also discuss what you can do if you are being charged for IRMAA and your circumstances change. Additionally, they share a story of a client who wanted to remain enrolled in Medicare but was struggling with paying the premiums. For more detailed information, visit their website goforoaks.com and check out their related blogs on their website at https://gofouroaks.comBook a free 15-min intro call here: https://calendly.com/fouroaks/15min-i... 00:00 Introduction to Medicare GPS00:14 The Surprise Medicare Tax01:30 The Timing of IRMAA02:27 How IRMAA Raises Medicare Costs03:25 Preparing Your Finances for IRMAA04:49 How to Avoid IRMAA Charges05:55 What to Do If You Have to Pay IRMAA08:19 Client Story: Finding Plans to Fit Your Budget10:35 New Offerings and Upcoming Events