Tom Walsh

Comments:

• Social Security uses the most recent tax return which is the one two years prior to the year you are enrolling. See above post on form SSA-44 to possibly reduce IRMAA costs.

  Post: The Gift of the MAGI

  Link to comment from December 17, 2022

• If you either stop work or reduce income you can submit form SSA-44, attest to a Life Changing Event (LCE), estimate your MAGI for the year and reduce or eliminate IRMAA. We had a windfall in 2021 which put us near the top IRMAA bracket, but I will be formally retiring next year and will be under the limits. There are 7 LCE conditions outlined on SSA-44.

  Post: The Gift of the MAGI

  Link to comment from December 17, 2022

• Adam, another great post. How can a bond fund investor determine the percentage of holdings are held to maturity and then reinvested? The turnover rate for vanguard’s total bond fund is 69%. I know redemptions could drive some sales, but would hope most fund holdings would simply be held to maturity and then reinvested.

  Post: About Those Bonds

  Link to comment from August 7, 2022