Financially Lit

Lit Lesson 12 - IRMAA: Retirement's Hidden Healthcare Tax


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Think you’ve got retirement all planned out? Not so fast. In this episode, we uncover the sneaky Medicare surcharge known as IRMAA — the Income-Related Monthly Adjustment Amount. It’s a “shadow tax” that can quietly drain tens (or hundreds) of thousands from retirees with higher incomes. If you’re planning to retire well, this is the healthcare cost you can’t afford to ignore.

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Financially LitBy Sam Sith