🏈 Don't fumble your retirement - get your financial game plan at http://bookachatwithjohn.net

Think Medicare is free once you hit 65? Not quite. If your income's too high, there's a hidden surcharge that can quietly shrink your Social Security check by thousands a year. It's called IRMAA. And most people don't see it coming. Let's break down who's impacted and how to avoid it.

Here's some of what we discuss in this episode:

💰 IRMAA is a Medicare penalty based on income—not assets

🔙 It looks 2 years backward to determine your premiums

💥 One-time income events like property sales or Roth conversions can trigger IRMA

🧾 You can appeal the penalty with a simple SSA-44 form

🎯 Strategies like QCDs and tax-aware conversions help reduce exposured

Get in touch:

Phone: 661-775-3704

Book an appointment with us: http://bookachatwithjohn.net

Get in touch with us: https://mearsmoney.com/

Watch the Podcast on YouTube: https://bit.ly/3PmcOPM

Check out John's FREE Books: https://je9gekmc.pages.infusionsoft.net/