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Medicare 2024 IRMAA Brackets: Amounts

With the announcement of the August CPI-U the 2024 Brackets are official, they will increase by over 5.00% to start at $103, 000 for an individual.

Now please keep in mind that at any point between now and the beginning of the 2024 Congress or the current Presidential Administration can alter these Medicare IRMAA Brackets, but if they do not then there will be at least a little bit of good news for seniors.

Official 2024 IRMAA Brackets

Single Couple MAGI Part B Part D
< $103, 000 < $206, 000 $174.70 Premium (varies)
$103, 000 to $129, 000 $206, 000 to $258, 000 $244.60 $12.90
$129, 000 to $161, 000 $258, 000 to $322, 000 $349.40 $33.30
$161, 000 to $193, 000 $322, 000 to $386, 000 $454.20 $53.80
$193, 000 to $500, 000 $386, 000 to $750, 000 $559.00 $74.20
> $500, 000 > $750, 000 $594.00 $81.00

 

How the IRMAA Brackets adjust:

When Congress created Medicare IRMAA back in 2003 through the passing of the Medicare Moderniztion Act, they ruled that the IRMAA Brackets would adjust by

 

“The percentage (if any) by which the average of the Consumer Price Index for all urban consumers (United States city average) for the 12-month period ending with August of the preceding calendar year exceeds such average for the 12-month period.”

So, if the CPI-U at the end of August of the current year is greater than the previous August then the IRMAA Brackets will increase. Note the inflation rate does not determine IRMAA costs but the IRMAA amount itself.

By the way there is no language that would stop the IRMAA Brackets from going down if the CPI-U would actually deflate from year to year.

In terms of the all the thresholds within the IRMAA Brackets, due to the passing of the Bi-Partisan Budget Act of 2018 the 5th Threshold in the IRMAA Brackets will not adjust for inflation until 2028.

What are the IRMAA Brackets:

According to the Social Security Administration (SSA) the IRMAA Brackets are a:

“Set of tables containing modified adjusted gross income (MAGI) ranges and income-related monthly adjustment amounts (IRMAA). There are 3 tables, each based on a person’s income tax filing status.”

 

The IRMAA Brackets and surcharges/ plan premium, according to a person tax filing status in 2023 are: Single, head of household or qualifying widow(er) with dependent child, married filing jointly, and married filing separately. Many Medicare beneficiaries who are exploring options may consider Medicare Advantage plans, which can offer additional benefits beyond what traditional Medicare covers.

 

Single, head of household or qualifying widow(er) with dependent child

MAGI Part B Premium is Part D Premium is
< $97, 000 $164.90 Premium (varies)
$97, 000 to $123, 000 $230.80 Premium + $12.20
$123, 000 to $153, 000 $329.70 Premium + $31.50
$153, 000 to $183, 000 $428.60 Premium + $50.70
$183, 000 to $500, 000 $527.50 Premium + $70.00
> $500, 000 $560.50 Premium + $76.40
     

Tax Filing Status: Married, filing jointly

MAGI Part B Premium is Part D Premium is
< $194, 000 $164.90 Premium (varies)
$194, 000 to $246, 000 $230.80 Premium + $12.20
$246, 000 to $306, 000 $329.70 Premium + $31.50
$306, 000 to $366, 000 $428.60 Premium + $50.70
$366, 000 to $750, 000 $527.50 Premium + $70.00
> $750, 000 $560.50 Premium + $76.40
     

Tax filing Status: Married, Filing Separately

MAGI Part B Premium is Part D Premium is
< $97, 000 $164.90 Premium (varies)
$97, 000- $403, 000 $527.50 Premium + $70.00
>$403, 000 $560.50 Premium + $76.40

 

What the 2024 IRMAA Brackets, by law are:

 

Single, head of household or qualifying widow(er) with dependent child

MAGI Part B Premium is Part D Premium is
< $102, 000 $174.80 Premium (varies)
$102, 000 to $130, 000 $244.70 Premium + $12.90
$130, 000 to $161, 000 $349.50 Premium + $33.30
$161, 000 to $193, 000 $454.40 Premium + $53.80
$193, 000 to $500, 000 $559.20 Premium + $74.20
> $500, 000 $594.20 Premium + $81.00
     

Tax Filing Status: Married, filing jointly

MAGI Part B Premium is Part D Premium is
$204, 000.00 $174.80 Premium (varies)
$204, 000 to $260, 000 $244.70 Premium + $12.90
$260, 000 to $322, 000 $349.50 Premium + $33.30
$322, 000 to $386, 000 $454.40 Premium + $53.80
$386, 000 to $750, 000 $559.20 Premium + $74.20
> $750, 000 $594.20 Premium + $81.00
     

Tax filing Status: Married, Filing Separately

MAGI Part B Premium is Part D Premium is
< $103, 000 $174.80 Premium (varies)
$102, 000- $403, 000 $559.20 Premium + $74.20
>$403, 000 $594.20 Premium + $81.00

 

What is IRMAA:

IRMAA is short for Medicare’s Income Related Monthly Adjustment Amount which is according to the Code of Federal Regulations:

 

“An amount that you will pay for your Medicare Part B and D coverage when your modified adjusted gross income is above the certain thresholds.”

IRMAA is a tax on your income through Medicare Part B and Part D coverage if you have too much income while in retirement. To potentially lower your expenses, consider shopping for Medicare through recommended platforms to ensure you receive the best rates and benefits, especially if you’re interested in Medicare Advantage plans.

 

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Where to buy used shipping containers

Where to Buy Used Shipping Containers: Your Complete Guide

If you’re in the market for a used shipping container, you’re in luck. These versatile steel boxes have become increasingly popular for various purposes, from storage and shipping to creative building projects and beyond. Giant Lockbox, a leading provider of shipping container solutions, offers a wide selection of high-quality used containers for sale. Whether you’re looking for a standard 20-foot container or a custom-built unit, Giant Lockbox has you covered. Now, let’s explore some of the best places to buy used shipping containers and what to consider before making your purchase.

Giant Lockbox: As mentioned, Giant Lockbox is a trusted source for buying used shipping containers. With years of experience in the industry, they offer a range of containers in different sizes and conditions to meet your specific needs. Whether you need a container for storage, shipping, or a creative project, Giant Lockbox provides reliable products at competitive prices. Plus, their knowledgeable staff can help guide you through the buying process and answer any questions you may have.

Online Marketplaces: One of the most convenient ways to buy used shipping containers is through online marketplaces such as eBay, Craigslist, and Marketplace. These platforms allow you to browse a wide selection of containers from sellers across the country. You can easily compare prices, conditions, and specifications to find the perfect container for your needs. However, be sure to thoroughly research the seller and inspect the container in person if possible before making your purchase.

Local Container Dealers: Another option is to buy used shipping containers from local container dealers or suppliers. These companies often have a physical location where you can view the containers in person and assess their condition. Buying from a local dealer also allows you to save on shipping costs and potentially negotiate a better deal. Look for reputable dealers in your area and visit their facilities to see what they have available.

Shipping Container Yards: Many shipping container yards and depots sell both new and used containers directly to customers. These yards typically have a large inventory of containers in various sizes and conditions, making it easy to find what you need. You can visit the yard to inspect the containers firsthand and choose the one that best fits your requirements. Some yards may even offer delivery services to transport the container to your desired location.

Auctions and Liquidation Sales: Keep an eye out for auctions and liquidation sales where shipping containers may be sold at discounted prices. These events often occur when companies or organizations are downsizing, relocating, or going out of business. While the selection may be limited, you may be able to find a great deal on a used container. Check online auction sites, local classifieds, and business liquidation websites for upcoming sales in your area.

Container Brokers: Container brokers act as intermediaries between buyers and sellers, helping to facilitate the sale of used shipping containers. They have access to a network of suppliers and can assist you in finding the right container for your needs. While working with a broker may cost more than buying directly from a seller, it can save you time and effort in finding the perfect container. Be sure to choose a reputable broker with a track record of successful transactions.

Before making your final decision, there are a few factors to consider when buying a used shipping container. First, determine the size and condition of the container you need. Consider factors such as the intended use, location, and budget to narrow down your options. Next, inspect the container thoroughly for any signs of damage, rust, or corrosion. Ask the seller for detailed photos and descriptions to ensure the container meets your standards. Finally, consider additional features and modifications such as doors, windows, insulation, and ventilation to customize the container to your specifications.

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Utilizing the Power of StoryBrand Lead Generation

Using the Power of

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In the bustling marketplace of ideas and solutions, standing apart to catch the focus of potential customers has actually never ever been more difficult– or more important. Get in the StoryBrand framework, a cutting edge technique to advertising that leverages the classic power of narration to clarify your message, engage your target market, and eventually, drive successful list building. By placing your customers as the heroes of their very own stories and your company as the guide, StoryBrand assists craft engaging narratives that reverberate with potential customers on a personal level, encouraging them to act.

The Core of

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: Quality in Messaging

At its heart, the StoryBrand structure is about simplicity and quality. In a world flooded with complex advertising and marketing lingo and intricate sales pitches, StoryBrand puncture the noise by promoting for simple, relatable messaging. The structure is based on the classic aspects of narration, where a hero (your client) experiences a trouble, meets a guide (your business), that gives them with a strategy and calls them to activity, culminating in success and helping them prevent failure. This narrative framework not only makes your messaging unforgettable however likewise settings your offerings as the remedy to your audience’s needs.

Carrying Out

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: A Strategic Method

1. Define Your Client’s Trip **.

The primary step in using StoryBrand to list building is to deeply understand the trip your consumers get on. This involves identifying their main objectives, the challenges they encounter in attaining those goals, and the feelings related to their quest. By drawing up this journey, you can tailor your story to speak straight to their experiences, making your brand more relatable and your services a lot more enticing.

2. Position Your Brand as the Overview **.

In the StoryBrand structure, your brand’s role is that of the overview, not the hero. This is an important distinction that moves the focus from offering to aiding. Your marketing products must for that reason emphasize just how your brand possesses the experience, empathy, and authority to aid the consumer conquer their obstacles. This strategy develops trust fund and settings your offerings as important in the consumer’s success tale.

3. Craft a Clear and Engaging Message .

With a deep understanding of your client’s trip and your duty as the guide, the next step is to distill this right into a clear, compelling message. This message must verbalize what you provide, how it resolves the customer’s requirements, and what distinguishes you from the competition. The trick is to be concise yet powerful, guaranteeing that your audience can promptly realize the value of your offerings.

4. Leverage Several Channels for Your Narrative.

Efficient list building entails satisfying your audience where they are. With your StoryBrand message in hand, share it across numerous channels– be it your website, email projects, social media sites, or conventional advertising. Each platform uses unique possibilities to tell parts of your story, from thorough blog posts that look into the client’s challenges to social networks bits that highlight success tales.

5. Optimize and Customize the Call to Action

A compelling story should culminate in a clear phone call to action (CTA). The StoryBrand framework stresses CTAs that not just prompt activity but are personalized and pertinent to the story you’ve constructed. Whether it’s signing up for a newsletter, scheduling an appointment, or purchasing, your CTA should seem like the natural following step in the consumer’s trip toward success.

Gauging Success and Refining Your Technique

Just like any type of marketing approach, the secret to success with StoryBrand lead generation hinges on dimension and improvement. Track the performance of your messaging throughout various networks, paying very close attention to engagement metrics, conversion prices, and responses from your target market. This information will give useful understandings right into what reverberates with your audience and where there’s area for renovation.

Conclusion

In the electronic age, where attention is a scarce product, and competition is intense, the StoryBrand framework uses a sign of quality and connection. By leveraging the universal allure of narration, services can craft messages that not only stand out but also strike a chord with potential leads. This method to lead generation is not almost making sales; it has to do with producing significant connections with your customers by being an essential part of their success tales. In embracing StoryBrand, services can transform their marketing from noise right into story, turning prospects into heroes on their trip to success.

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USCIS (Formerly Immigration and Naturalization Services) Continues to Broaden Website InfoPass Services

Citizenship and Immigration Services (previously Immigration and Naturalization Services, INS) continues to rollout its migration information by visit system called InfoPass, with 3 brand-new USCIS districts included recently. Atlanta, Boston and Houston are the latest additions, making the system now offered in nearly all significant cities with big immigrant populations. These areas include Los Angeles, New York and Miami.

In addition to the Case Status Online service (enables users to check the status of some pending applications, e.g. green card applications) which was offered earlier this year on the Internet, and the electronic filing of the 12 most popular migration forms, (represent more than 50% of all immigration benefit applications filed each year) InfoPass is the latest effort planned to reduce long lines and speed up the processing backlog of services supplied by the USCIS.

InfoPass permits anyone who is residing in a serviced USCIS district and seeking migration benefits to set up a consultation with migration officers by means of the Internet. The basic to use online system permits users to discuss complicated immigration concerns with USCIS officials, while preventing the long lines. People already located in the USA and are seeking a high skill worker green card are best to seek out an immigration lawyer like this one:

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The secure Internet website offers service in 12 languages and is arranged in a series of prompts, asking the user to enter their name, zip code, address, phone number and a wanted visit date. The notification will supply the address of the USCIS office and any info concerning required recognition and/or extra documents, such as a green card or work license, to be provided at the consultation.