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The Advisory Team at McKnight Advisory Group, Inc. seeks to assist our clients in managing risk and achieving balance in their Retirement, Insurance, Benefit, and Financial Planning.
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Recent “Get it R.I.G.H.T.” Blog Posts:
Hillary Broome, Medicare Solutions Advisor To determine if higher premiums are due, the Social Security Administration uses the most recent federal income tax return provided by the Internal Revenue Service (IRS). A sliding scale based on your modified...read more
You may have heard it said, “timing is everything”. When one is planning for Medicare, this statement speaks great truth. A simple delay could cost a large amount of money for the beneficiary in penalties, higher premiums, and future delays. Truly, “timing is everything” when it comes to Medicare.read more
According to Medicare.gov, most beneficiaries pay only 25% of the total premium cost for Part B, leaving the remaining 75% to be paid by the government. Individuals with higher incomes, based on the income reported to the Internal Revenue Service (IRS), pay a larger percentage of the total cost for Part B.read more
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