IRMAA penalties are both good news and bad news. The bad news is you are paying IRMAA penalties. The good news is you are making enough money that you are paying IRMAA penalties.
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Originally Posted by manaboutown
It was a Ponzi scheme from the get go. That is why I initiated taking my check at full retirement age on the button. Also I feared a situation like IRMAA where if one received income over a threshold SS payments would be reduced or even eliminated. What I essentially did was invest my SS checks over the years.
It is time to find and eliminate SS disability fraud, too.
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