
Medicare
Medicare: Things May Be Worse Than You Think.
Don’t look now, but there are major real problems ahead for Medicare.
And we’re not talking about the “down the road” distant future.
Don’t look now, but there are major real problems ahead for Medicare.
And we’re not talking about the “down the road” distant future.
Maybe you should think twice before buying a Medicare Advantage plan from a football player.
Congratulations—you’ve built up a healthy retirement nest egg, maybe even a couple million bucks in a traditional IRA. Cue the applause! No worry about tax traps now! But as you reach retirement and start thinking about how to spend it (or pass it on), Uncle Sam is waiting with a few surprise moves that could mess with your plans. These are the tax traps.
You’ve just inherited an IRA from someone not your spouse… usually a parent. Guess what! Your rules are different.