Is it worth the effort to lower your Medicare IRMAA premiums

Majority of people do not know that their Medicare premiums are based on their income. The formula Medicare uses is your modified adjusted gross income (MAGI) from your tax return to determine your Medicare Premium surcharges.  So being proactive in your tax planning can help decrease your premiums for Medicare in the future.  What does Medicare consider a higher earner when it comes to Medicare surcharge premiums, click on link to read article here…

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