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Navigating the Complexities of Medicare and the IRMAA Surcharge in 2024
Contributed by: Dale Shaw, CFP®, RICP®
High-income earners face a pivotal aspect of their retirement planning—understanding and managing the Income-Related Monthly Adjustment Amount (IRMAA) surcharge associated with Medicare. This surcharge, which can significantly increase Medicare costs, is a crucial consideration for those in higher income brackets. This article aims to demystify the nuances of…