Josh Scandlen
News • Business • Education
Destroying the doom and gloom when it comes to retirement planning and lots of other stuff too.

Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
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Inheritance and IRMAA

A guy asked me if his interetance will affect the premiums he pays for Medicare via IRMAA. Remember folks, you pay NO Federal Tax on money you inherit. A couple states do have an inheritance tax, PA, MD, NJ and Nebraska, if memory serves. Check my work if you want.

From the Feds though there is no inheritance tax. Now you'll pay tax on the INCOME your inheritance produces just not on the asset you inherit by itself.

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What else you may like…
Videos
Posts
Stocks For the Long Run? Maybe...Maybe Not

Ed McQuarrie talks the REAL History of Stocks and Bond performance.

https://www.edwardfmcquarrie.com/

01:08:52
Hey Conservative Christians!

This is what your unwavering support of Israel gets ya.

00:00:50
Indeed

You sure we’re supporting the right people?

00:00:36
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