How IRMAA Impacts Your Medicare and Social Security Benefits - Paul Morrison IRMAA Expert

Brad Pistole and Paul Morrison delve into the often-overlooked topic of IRMAA (Income Related Monthly Adjustment Amount) and its significant impact on retirement planning. They discuss the history of IRMAA, its financial implications, and strategies to avoid it. The conversation highlights the importance of understanding how IRMAA can affect Social Security benefits and the necessity for proactive financial planning to mitigate its effects. Real-life examples of IRMAA letters illustrate the potential financial burden retirees may face, emphasizing the need for education and awareness in financial planning.