The Healthcare reforms may lead to some short-term aid. Could Medicare soon be in better shape? Maybe. At the start of August, Medicare’s politically appointed trustees reported to Congress that Medicare should remain financially in the black through 2029, a 12-year improvement over last year’s estimate.1 They credited the healthcare reforms carried out by Congress [...]

That’s part of the plan. How will you be affected? In 2013, wealthy Americans will pay extra Medicare taxes. Congress, President Obama and the IRS are putting a surcharge on the wealthy to help fund the health care reforms. Beginning in 2013, joint filers with adjusted gross incomes of $250,000 or greater and single filers [...]