Is Social Security Going Broke? When it comes to the Social Security program, there’s a persistent alarm from both the government and the media, warning that the system is on the verge of going broke. These claims suggest that Social Security could run out of funds sooner rather than later. Data from the Trustees of […]
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When it comes to appealing IRMAA you need to have a Qualifying Circumstance and you will also need to fill out an SSA 44 Form which you can download here When filling out the form please fill in the fist page information at the top Name Social Security Number From here please fill in the
We would like to state first that in no way should the U.S. privatize Social Security. This article is simply pointing out that changes must happen within the Social Security program, as the benefits do not reflect the reality of basic math—yes, basic math. How Social Security Works: Before highlighting the basic math that has
Privatize Social Security…??? Read More »
IRMAA and your Social Security benefit IRMAA can impact your Social Security benefits if you are subject to the surcharge. If you receive Social Security benefits, the additional amount for the IRMAA surcharge will be deducted from your Social Security check. This means that your monthly Social Security benefit will be reduced by the amount
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The Medicare Board of Trustees Report for 2022 has recently been published and the news for the most part is pretty good, though there is some bad news too. The Good News: Inflation rates, though they are still high, are not projected to be as high as previous years. Premiums going into 2023 should remain
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As you near retirement or are even in retirement when it comes to your health insurance there is only option Medicare. The question that arises more times than not is if you have to enroll into Medicare? The answer in the simplest terms is yes you do have to enroll into Medicare. Believe or not
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IRMAA and Social Security In 2022 those who reach Medicare’s IRMAA may be in for somewhat of a surprise when it comes to their Social Security benefits. They will all notice that their Social Security benefit has decreased from 2021. Yes, you read that right. Their Social Security benefit will actually go down. This may
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Social Security going broke – not really and it all thanks to Medicare
Find out the 4 Rules of Retirement have changed financial planning
Medicare will save Social Security Read More »
There are 4 Rules of Retirement that no financial plan will ever mention. They each are federally mandated and they will impact your taxes, your health costs and your Social Security benefits
The 4 Rules of Retirement – what are they? Read More »
Medicare’s IRMAA is a surcharge on premiums for those who earn too much, but will you reach it…the answer is most likely you will.
Who Will Reach IRMAA – most likely you. Read More »
