APlus Sign Co information,religion,shopping Five museums in Amarillo Texas

Five museums in Amarillo Texas

Amarillo TX‘s economy is powered by the Panhandle’s wind. Wind turbines in the area create jobs and reduce utility bills.

Downtown has been revitalized with new Businesses and restaurants. This creates a vibrant atmosphere. Amarillo has a lower cost of living than the average national rate. It is important to consider this when moving to a different city.

1. Amarillo Museum of Art

The Amarillo Museum of Art is a premier museum and gallery featuring European and American paintings, sculptures, photographs, and more. The museum holds 16 exhibitions a year in the intricate building designed Edward Durell Stone. Through its Museum School, the establishment offers art classes, tours, film screenings and gallery lectures.

The mission of the Museum is to “enrich the lives of diverse people in the Panhandle by exhibitions, education, and collections.” Its temporary art exhibits showcase a wide range of styles and eras.

Don’t miss the opportunity to visit the museum’s tropical conservatory with its flourishing indoor collection of exotic plants. You can also explore specialized gardens such as the Japanese, xeric, or fragrance gardens.

2. Amarillo Railroad Museum

As the name suggests, this museum focuses on railroad history in the Panhandle. There are pictures, models and real rail cars. It also has a replica of the Santa Fe Railroad, which once saw steam engines trekking across the region from Canadian to Clovis, New Mexico.

The model train project is funded by donations. Members meet every Thursday evening and the second and fourth Saturday of the month to work on the project.

Head out west on I-40 and you’ll come to Cadillac Ranch, a roadside attraction that’s become a bucket-list item for many travelers. This unique public art installation features ten Cadillacs covered in kaleidoscope colors and partly buried in an empty field.

3. Kwahadi Museum of the American Indian

Designed to mimic an Indian pueblo, this museum celebrates North America’s aboriginal peoples and hosts dance performances. Also on display are wildlife exhibits, bronze castings and Navajo rugs.

The Kwahadi Museum houses the Boy Scouts-affiliated Kwahadi Dancers who have been performing in this museum since 1944. The troupe, which began as a single-time performance at a campsite, now tours the country.

The troupe performs at the Kiva on a regular basis and for conventions and tour buses. Dancers can also be hired for private events, and they will come to you to perform. The dancers are currently preparing to tour Ontario and Quebec, Canada in the summer of 2006.

4. Panhandle-Plains Historical Museum

Located on the campus of West Texas A&M University, this museum is one of the largest in the state. The museum is dedicated to the pioneers of northwest Texas, their history and legacy. It houses a large collection of artifacts.

The museum has everything from fossilized dinosaurs to the oldest Model T Ford in the world. Other highlights include Red Landscape, one of Georgia O’Keeffe’s paintings; the T Anchor Ranch House; and a cable tool drilling rig and a working pump jack.

The museum has an extensive research library, which includes business records and personal papers from Panhandle residents. The Panhandle-Plains Historical Review has been published since 1928. The journal publishes original, scholarly articles on ranching, farming, Panhandle Plains history, Native American, Hispanic, and Western art and culture.

5. Ozymandias on the Plains

The sculpture, inspired by Percy Bysshe Shelley’s poem, features two gigantic legs. The limbs, which are bare of any body parts, appear to be holding up the Panhandle’s vast sky. They were the prank of millionaire Stanley Marsh 3, who commissioned Local self-taught artist Lightenin’ McDuff to fashion them.

Amarillo’s economy is dominated by agriculture, energy and transportation. Tyson Foods is the largest employer, followed by Amarillo College and Pantex. A branch campus of West Texas A&M University is located in Amarillo.

Amarillo’s streets conform to a grid pattern. Streets running north to south are named after past United States presidents, while streets running east-west are numbered. Amarillo has a large number of people who use the street numbers as a reference point when driving. Amarillo has a temperate semi-arid climate. It has hot summers and cool winters with large diurnal temperature variations.

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Medicare 2024 IRMAA Brackets: AmountsMedicare 2024 IRMAA Brackets: Amounts

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 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.

IRMAA - Medicare Logo

Will you actually enter IRMAA:

According to the 2022 Medicare Board of Trustees Report, currently, there are over 6.8 million people in IRMAA. These people in IRMAA make up 16.63% of all eligible Medicare beneficiaries.

By 2031, according to recent reports the number of people in IRMAA will double to 13.8 million eligible people in IRMAA.

IRMAA is a revenue generator for both the Medicare and Social Security programs.

For the Medicare program, IRMAA is an added cost that the person in it must pay. This added cost provides more money each year for the program.

As for Social Security, according to Congress, all IRMAA costs are automatically deducted from any Social Security benefit a person is receiving. Thus, for those who enter IRMAA, Social Security has to pay out less to them which reduces that program’s obligation to pay Benefits.

With both Medicare and Social Security projected by the government to be insolvent (unable to pay) in less than 8 years the easiest way to save these programs is to make sure more people are in IRMAA.

How do you reach an IRMAA bracket:

IRMAA is all about your Modified Adjusted Gross Income (MAGI).

The more of it you have the higher the chances that you have to reaching IRMAA while having less of an MAGI reduces the chance of you reaching IRMAA.

What counts towards your MAGI:

According to Social Security your MAGI is the total of your adjusted gross income (AGI) and any tax-exempt interest you may have.

Both of these can be found on lines 2a and 11 of your 2022 IRS tax form 1040.

Experience a Smooth Transition with 1st Class Moving TNExperience a Smooth Transition with 1st Class Moving TN

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1st Class Moving TN offers a wide range of services to accommodate your unique moving needs:

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2024 IRMAA Brackets: Amounts and How to Forecast for Retirement2024 IRMAA Brackets: Amounts and How to Forecast for Retirement

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.

IRMAA - Medicare Logo

Will you actually enter IRMAA:

According to the 2022 Medicare Board of Trustees Report, currently, there are over 6.8 million people in IRMAA. These people in IRMAA make up 16.63% of all eligible Medicare beneficiaries.

By 2031, according to recent reports the number of people in IRMAA will double to 13.8 million eligible people in IRMAA.

IRMAA is a revenue generator for both the Medicare and Social Security programs.

For the Medicare program, IRMAA is an added cost that the person in it must pay. This added cost provides more money each year for the program.

As for Social Security, according to Congress, all IRMAA costs are automatically deducted from any Social Security benefit a person is receiving. Thus, for those who enter IRMAA, Social Security has to pay out less to them which reduces that program’s obligation to pay Benefits.

With both Medicare and Social Security projected by the government to be insolvent (unable to pay) in less than 8 years the easiest way to save these programs is to make sure more people are in IRMAA.

How do you reach an IRMAA bracket:

IRMAA is all about your Modified Adjusted Gross Income (MAGI).

The more of it you have the higher the chances that you have to reaching IRMAA while having less of an MAGI reduces the chance of you reaching IRMAA.

What counts towards your MAGI:

According to Social Security your MAGI is the total of your adjusted gross income (AGI) and any tax-exempt interest you may have.

Both of these can be found on lines 2a and 11 of your 2022 IRS tax form 1040.

Some examples of where your MAGI will come from are:

Taxable Social Security benefits Traditional 401(k) Withdrawals
Wages Traditional IRA Withdrawals
Pension & Rental Income Traditional 403(b) Withdrawals
Capital Gains Qualified Annuities
Dividends Interest

If you want to avoid IRMAA all together then the goal is to generate an income from financial instruments that do not count towards your MAGI and they are:

Roth Account Withdrawals
Life Insurance Loans
Non-Qualified Annuities*
Health Saving Account Withdrawals
401(h) Plans
Home Loans or Reverse Mortgages

*Non-Qualified Annuities – depending on certain factors a certain portion of all income you will receive from them can be completely tax free. Please see an IRMAA Certified Professional for more information on which Annuity is best for you.

For a complete list of what does and does not count towards IRMAA please click here.

How to File an Appeal

If you feel you shouldn’t be subject to IRMAA, you can file an appeal.  What you do comes down to how you want to appeal.

For Medicare enrollees with a qualifying life changing event:

All that needs to be done is for you to fill out the SSA-44 form by competing the first 3 pages and then submit it with your corresponding proof of your life changing event to your local SSA office.

You can find your local SSA office here.

Once the paperwork is submitted all correspondence about your appeal will be mailed to you from the SSA. If the result is not satisfactory you can request a hearing which can also be done through your local SSA office.

For Medicare enrollees without a qualifying life changing event but who want to appeal based on an updated tax-return or income discrepancy:

Appealing IRMAA is even simpler than have a qualifying life changing event as all that is needed to be done is for you to request an appeal at your local SSA office.

Explain to the local Field Representative that you have a received an IRMAA notification and that you like to appeal based on updated tax information.

A case number will be assigned to you as well as Field Agent, which could be the person at your local office, so always be nice and any correspondence about your case ill be mailed to you by the SSA.

If the IRMAA result is not satisfactory you can always request a hearing at your local SSA office too.

At the point of request your local agent will be able to submit your appeal and a case number at that moment should be assigned to you. As your case is evolving you will have to provide documentation that disproves the information that the IRS has provided which can be a corrected or amended tax-return or even a more update one

Conclusion:

The 2024 IRMAA Brackets are, by law, going to increase, but the odds of you or someone you know reaching IRMAA at some point are also increasing.