That Extra Penny In Retirement Income Can Really Cost You

Did you know that making more money in retirement could equate to higher Medicare premiums? Understanding Medicare math is essential and could save you hundreds of dollars a month in retirement.

In this recent Wall Street Journal article, Marianela gives an example and advice about how to avoid these extra costs. “You don’t want the tax tail to wag the dog,” Ms. Collado says. “But you may hold off on an IRA distribution that could adversely affect your tax situation.”

You can read more about her strategies here.

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