Victoria Smith

Dreamer, Mom-extraordinaire, Artist - I'm an independent insurance agent by trade. If you're looking for information about Medicare, I can help you.

Exciting News: Victoria Smith Awarded Best Health Insurance Agency in Arkansas for 2024

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We’re thrilled to announce that Victoria Smith Life and Health Insurance Agent has been honored with the prestigious title of the Best Health Insurance Agency in Arkansas for 2024 by Expertise.com! This recognition is a testament to our unwavering commitment to providing top-notch service and support to our clients throughout Arkansas.

Receiving this award is a tremendous honor, and we are incredibly grateful for the trust and confidence our clients have placed in us. It validates our dedication to excellence in the insurance industry and motivates us to strive for the highest standards of service and professionalism.

We understand the importance of quality healthcare coverage and the peace of mind it brings to individuals and families. Our mission has always been to make the insurance process as seamless and stress-free as possible, ensuring our clients have access to the coverage they need to protect themselves and their loved ones.

We extend our heartfelt thanks to our clients for their continued support and loyalty. Without you, this achievement would not have been possible. We are truly honored to serve you and look forward to continuing to meet and exceed your expectations in the years to come.

As we celebrate this exciting milestone, we remain committed to delivering exceptional service and expertise to our clients. Thank you for trusting Victoria Smith with your insurance needs.

Lowering Your IRMAA: A Guide to Reducing Medicare Premium Costs

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Lowering Your IRMAA: A Guide to Reducing Medicare Premium Costs

For those on Medicare, one of the factors that can significantly impact your monthly expenses is the Income-Related Monthly Adjustment Amount (IRMAA). IRMAA is an additional cost applied to your Medicare Part B and Part D premiums if your income exceeds certain thresholds. However, the good news is that there are steps you can take to potentially lower your IRMAA and reduce your healthcare expenses. In this article, we’ll explore how you can request an income adjustment to lower your IRMAA.

Understanding IRMAA:

IRMAA, or the Income-Related Monthly Adjustment Amount, is an additional fee that higher-income Medicare beneficiaries may have to pay on top of their standard Medicare premiums. These higher costs can be a financial burden for many retirees. The IRMAA is determined based on your modified adjusted gross income (MAGI) from two years prior.

Steps to Lower Your IRMAA:

  1. Review Your Income: The first step in lowering your IRMAA is to review your current income. Ensure that it accurately reflects your financial situation. If your income has decreased due to life-changing events, you may be eligible for an income adjustment.
  2. Identify Life-Changing Events: Life-changing events are circumstances that can lead to a reduction in your income. Common examples include retirement, marriage, divorce, loss of employment, or the receipt of an employer settlement.
  3. Gather Documentation: To request an income adjustment, you’ll need to provide documentation that supports your claim of a life-changing event and the reduction in your income. This may include tax returns, statements from your employer, or other relevant documents.
  4. Contact the Social Security Administration (SSA): Reach out to the SSA to initiate the process. You can contact them by phone or visit a local SSA office. Explain your situation and provide the necessary documentation.
  5. Stay Informed: After submitting your request, keep track of the status of your application. The SSA will need time to process your request and adjust your IRMAA accordingly.

Reducing your IRMAA can lead to significant savings on your Medicare premiums, making healthcare more affordable during your retirement years. By understanding the eligibility criteria for income adjustments and following the steps outlined in this article, you can take control of your healthcare costs.

As an independent health insurance agent based in the greater Little Rock area, I’m here to assist you throughout this process. If you have questions or need guidance on how to request an income adjustment for your IRMAA, please feel free to reach out to me at (501) 653-9055. Your financial well-being is my priority, and I’m dedicated to helping you navigate the complexities of Medicare and healthcare expenses.

#IRMAA #LittleRock #BryantAgent #VictoriaSmith

Join Me for Razorback Swag and Community Fun at The Market at Midtown!

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Hey there, folks! If you’re searching for a chance to score some fantastic Razorback Swag and enjoy a day out, mark your calendar – it’s all happening on October 7th at The Market at Midtown. I’m Victoria Smith, your local health insurance agent, and I’m excited to invite you to this special event.

Event Details:

We’ve got a Razorback Swag raffle to make this event even more thrilling! 🎁 Get your Razorback spirit ready, and who knows, you might be the lucky winner with a triumphant WOO PIG SOOIE! No purchase is necessary!

While you’re at the event, don’t forget to grab one of my business cards. Why, you ask? Whether you’re nearing Medicare eligibility or simply exploring your options, I’m here to provide personalized solutions that fit your unique needs.

But this event isn’t just about insurance but community, family, and connection. So, bring your loved ones and enjoy a day of shopping at local vendors while immersing yourself in the community spirit.

Event Highlights:

Don’t miss this opportunity to meet me, enjoy community fun, and be part of the Razorback excitement. I can’t wait to see you at The Market at Midtown on October 7th! 🤝 #BryantAgent #TheMarketatMidtown