IRMAA: Why High Earners Pay More for Medicare

If you've recently enrolled in Medicare — or you're approaching age 65 — you may have noticed a surprising line item on your premium statement: an extra charge tacked onto your Part B or Part D premium. This isn't a billing error. It's called IRMAA, and if you're a higher-income retiree, it's worth understanding well before you turn 65.

General Financial Plan..., Insurance, Retiree, Retirement PlanningStephanie Murray, CFP®, EASeptember 8, 2026IRMAA, medicare, Retiree, retirement planning, insurance, Health Insurance

Make Maximum Use of Your Most Scarce Resource

I am at the age where I am really beginning to realize how fragile life can be at times. Recently, we learned that former University of North Carolina basketball great, Eric Montross had lost his battle with cancer and died at the young age of 52.

General Financial Plan...Chip Hymiller, AIF®, CFP®January 18, 2024Retiree, Pre-Retiree, Mid-Career Professional, financial planning, Health Insurance, life insurance, insurance, long term care, long term care insurance, Will, Estate Planning, Trust