In this video, Shawn Plummer from The Annuity Expert gives a candid breakdown of exactly how to coordinate your annuity income with your Medicare IRMAA and Social Security planning. The secret to avoiding massive Medicare surcharges is having flexible income. Shawn explains why you should avoid traditional annuitization products pushed by big-box brokers (like Fidelity or Edward Jones) because they force you into a fixed, rigid payment.

Instead, utilizing an Independent Annuity Broker to secure a Guaranteed Lifetime Withdrawal Benefit (GLWB) gives you an income ceiling. If your maximum payout is $30,000, you have the flexibility to elect a lower amount for the year specifically to keep yourself under the IRMAA threshold! Shawn also reveals the ultimate "Retirement Team" strategy: using an independent broker for your annuity, partnering with ...