For your high net worth and upper middle class clients, Medicare planning has become a critical component of a well-executed retirement income plan.
New rules put into effect under the Patient Protection and Affordable Care Act can impact these clients' retirement income planning in ways they might not yet realize by increasing their Medicare premiums proportionally as income increases. The new rules will expand the pool of clients to which these monthly increases will apply. In today's environment, it is more important than ever to consider Medicare premiums when planning for retirement expenses.
Medicare Income-Based Premiums
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