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Rendering unto IRMAA: Income Tax in Retirement

Finishing Well / Hans Scheil
The Truth Network Radio
June 23, 2018 8:30 am

Rendering unto IRMAA: Income Tax in Retirement

Finishing Well / Hans Scheil

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June 23, 2018 8:30 am

Proverbs 21:20 says: “The wise store up choice food and olive oil, but fools gulp theirs down.” Today, the fools are the people paying taxes unnecessarily.

Hans and Robby talk about the new tax bill, Qualified Charitable Distributions, and tithing.

 

Hans also tells the story of a client who got some bad advice about her IRA’s and how Cardinal helped her correct this, resulting in less tax for her heirs.

 

Lastly, they discuss IRMAA, or the Income Related Monthly Adjustment Amount. This amount is paid by higher-income Medicare beneficiaries.

 

Don’t forget to get your copy of “The Complete Cardinal Guide to Planning for and Living in Retirement” on Amazon or on CardinalGuide.com for free!

 

You can contact Hans and Cardinal by emailing hans@cardinalguide.com or calling 919-535-8261. Learn more at CardinalGuide.com.

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