Quote:
Originally Posted by Haggar
in a higher bracket the investment amount could be reduced by 20-30% which will affect the yield and growth.
Someone mentions that the sale of a house (particularly a non-residence) could cause an increase in IRMMA (which will calculated for 2024 based on your 2022 return). Yes it could but there a form you can file which requests medicare to reduce the premium based upon non-recurring events or life changing situations. Their response to filing this form is very quick.
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A decision not to sell any property, in contrast to what you did a year or 2 ago, is not a "life changing event" per Medicare Regulations and it won't change an IRMAA determination.