{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The Hidden Medicare Penalty You Might Be Paying","description":" \ud83c\udfc8 Don\u2019t fumble your retirement - get your financial game plan at http:\/\/bookachatwithjohn.net&amp;nbsp; Think Medicare is free once you hit 65? Not quite. If your income\u2019s too high, there\u2019s a hidden surcharge that can quietly shrink your Social Security check by thousands a year. It\u2019s called IRMAA. And most people don\u2019t see it coming. Let\u2019s break down who\u2019s impacted and how to avoid it. Here\u2019s some of what we discuss in this episode:  \ud83d\udcb0 IRMAA is a Medicare penalty based on income\u2014not assets  \ud83d\udd19 It looks 2 years backward to determine your premiums  \ud83d\udca5 One-time income events like property sales or Roth conversions can trigger IRMA  \ud83e\uddfe You can appeal the penalty with a simple SSA-44 form  \ud83c\udfaf 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 &amp;nbsp; Get in touch with us: https:\/\/mearsmoney.com\/ &amp;nbsp; Watch the Podcast on YouTube: https:\/\/bit.ly\/3PmcOPM Check out John\u2019s FREE Books: https:\/\/je9gekmc.pages.infusionsoft.net\/ &amp;nbsp; ","author_name":"The Red Zone Retirement Program","author_url":"http:\/\/mearsmoney.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/38201605\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/38201605"}