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To: Professional; Catmom
Catmom (And Professional can chime in on this),

Since you're on Medicare make sure you're new MAGI doesn't increase your premiums for Part B and Part D. If you have a nice income that's at the top of the limit before being charged a higher premium, it might be best to do charity work for free (i.e. I'll probably volunteer more at my church).

https://libertymedicare.com/blog/medicare-part-d-part-b-premiums-by-income/

26 posted on 04/24/2019 10:28:03 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

Based on “Earned Income”. So— start a businesss with profit and loss Sched C. Doing something one has always wanted to do.

In Cat Mom’s case— she is talking about a nursing position part time— better to hire on as an independent contractor- not subject to wage and hour. Contract. Independent. Deduct expenses against this income source.


148 posted on 04/24/2019 6:46:03 PM PDT by John S Mosby (Sic Semper Tyrannis)
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