In this one-minute moment, Dr. Friday highlights the importance of understanding how selling assets can affect Medicare IRMAA (Income-Related Monthly Adjustment Amount) for individuals over 67 who are on full social security. She emphasizes that this is a crucial aspect of tax planning that people often overlook. Dr. Friday encourages listeners to visit her website, drfriday.com, for more information, worksheets, and the option to schedule an appointment. She also invites listeners to tune in to her live call-in show every Saturday afternoon on 99.7 WTN.
Transcript
G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one minute moment.
We’re here to help you understand taxes. That’s what I do. I’m Dr. Friday and I like to help people do taxes. It’s what I do 24/7 it feels like, maybe not quite that much, but it’s here to help you. If you need help, go to my website drfriday.com. You can click on appointment from the calendar. You can see other worksheets and things that are available on the website. If you need to understand how Irma’s affected by your taxes, you can give me a call. These are the kinds of things that people forget to talk about. If you’re going to sell something and you’re over the age of 67 and you’re on full social security, you may have to watch out for your Medicare Irma, because you’re going to end up paying more money once that happens.
You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 to 3 right here on 99.7 WTN.