If you’re above a certain income threshold you may be subject to the 3.8% Medicare surtax! To understand more about this additional tax on investment income and if and how you need to pay, listen in to our Senior Financial Advisor, Dan Vredeveld, CFP, for details. 

No time to watch? Get the Closed Captions here.

© 2024 Ed Slott and Company, LLC Adapted & reprinted with permission

Ed Slott and Company, LLC takes no responsibility for the current accuracy of this information

Richmond Brothers, Inc. is an SEC-Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where Richmond Brothers, Inc. and its representatives are properly licensed or exempted. This communication is solely for informational purposes. No advice may be rendered by Richmond Brothers, Inc. unless a client service agreement is in place.