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How Do the Extra Medicare Premiums for High Earners Work?

From the Money website

Medicare beneficiaries whose income exceeds certain thresholds must pay more in monthly premiums for Part B doctor coverage and Part D drug coverage.

These income-adjusted premiums apply to single tax filers (and those married filing separately) with incomes of more than $85,000 and married couples filing jointly with incomes of more than $170,000. Fewer than 5% of Medicare beneficiaries have incomes above these thresholds and thus pay these higher rates, which are known as income related monthly adjustment amounts, or IRMAA.

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Check Six: June 19, 1947 – 70 years ago

XP-80R - 1947

click on photograph to enlarge

The XP-80 evolved to the Lockheed P-80 Shooting Star. The two-seat trainer version was the Lockheed T-33 Shooting Star or T-Bird.

There was a squadron of T-Birds flying out of Hickam AFB in the 1950s.

Taps: Donald Wo Kan Ching

Donald Wo Kan Ching, 88, of Aiea, a retired Machinist Foreman for Hawaiian Electric passed away on May 31, 2017. Donald was born on September 25, 1928 on Maui in Happy Valley, Wailuku. He graduated from McKinley High School in 1946. He married Helen Rego on December 23, 1949 in Honolulu. Prior to working for HECO, he was a 1st Class Machinist for Hawaiian Dredging and was also in the Army National Guard. He was a member of the Ching Clan and See Dai Doo Societies.

He is preceded in death by his parents Ching Hing and Louisa Ah Fook Kong Ching; brothers Edward Ching, Edward Hee and Ah Sheong Dang; sisters Irene Len, Winifred Mahi, Kam Brenno, Dora Gruber; and son Wayne.

He is survived by wife, Helen; sister Muriel DeLawder; son Wayde (Shinderpal); daughter Valerie Pursel (David); grand-children (Kalani Kane, Leah Kane Mariani (Thomas), Galaya Ching, Nicolas Ching, and Navraj Ching); great grandson (Jake Mariani); beloved niece Carolyn Ancheta (Ronald); and numerous nieces and nephews.

Services will be held on Thursday, June 22 at St. Elizabeth’s Church in Aiea. Visitation begins at 10:00 am with mass at 11:00 am. Casual Attire. Arrangements Provided By: Ultimate Cremation Services LLC.

Retiree News extends heartfelt sympathy to Donald’s family and friends.

Off Track: Oahu Bars & Nightclubs Memorialized

From the Tasty Island website

A reader recently commenting on the ‘Oahu Eateries Memorialized post mentioned some really old school Honolulu nightclubs, that those of you who remember them may have quite the story to tell… or keep hidden and buried deep in the closet!

Therefore, let’s now create a master list of bygone bars & nightclubs on Oahu 

Mature Retiree News followers will recognize most of the establishments listed.

Scientists Say the Clock of Aging May Be Reversible

From The New York Times website

At the Salk Institute in La Jolla, Calif., scientists are trying to get time to run backward.

Biological time, that is. In the first attempt to reverse aging by reprogramming the genome, they have rejuvenated the organs of mice and lengthened their life spans by 30 percent. The technique, which requires genetic engineering, cannot be applied directly to people, but the achievement points toward better understanding of human aging and the possibility of rejuvenating human tissues by other means.

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Happy Father’s Day 2017

From the Wikipedia website

Father’s Day is a celebration honoring fathers and celebrating fatherhood, paternal bonds, and the influence of fathers in society. In Catholic Europe, it has been celebrated on March 19 (St. Joseph’s Day) since the Middle Ages. This celebration was brought by the Spanish and Portuguese to Latin America, where March 19 is often still used for it, though many countries in Europe and the Americas have adopted the U.S. date, which is the third Sunday of June. It is celebrated on various days in many parts of the world, most commonly in the months of March or May.

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Off Track: Our Top 5: New-wave shave ice

From the Frolic Hawaii website

Okay, fam. It’s getting hot, real quick, and we need to chill. Time to take a dip into something refreshing. Something cool. Something delicious.

These new-wave shave ice treats are just what we need!

WWII Pilot Snubbed by MacArthur Earns MoH Months Later

From the dodlive.mil website

It’s almost impossible to recount all of the gallantry that went on during World War II. But the pilot we’re highlighting today gave his life on a mission he volunteered for just months after one of the war’s most famous generals refused to fly with him.

Harl Pease Jr. joined the Army Air Corps in September of 1939. About a year later, the Plymouth, New Hampshire, native was commissioned as a second lieutenant. He was immediately put on active-duty in the Pacific theater, flying B-17 Flying Fortress bombers between the U.S., Hawaii and the Philippines.

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Related:
Pease Air National Guard Base
157th Air Refueling Wing

Ditch the 4 percent rule. Here’s how to handle your retirement withdrawals

From the CNBC website

So you have amassed a nest egg large enough to retire. Now comes the hard part: figuring out how much you should withdraw each year to enjoy life and make sure you don’t run out of money.

It can be a difficult balance. Many investors simply use the 4 percent rule. Under this scenario, you withdraw 4 percent per year from a diversified portfolio of stocks and bonds, adjusting annually for inflation, and you will have enough to last for 30 years in retirement, based on historical returns of the U.S. stock market.

The problem with the 4 percent rule

Retiree Update: Kenneth Takushi

Kenneth TakushiRetiree News recently ran into Kenneth Takushi. Ken served on the 154th Wing support staff for many years. A Traditional Guardmember, he retired in the 1990s.

Ken said he retired from the United Postal Service a few years ago. Great seeing and catching up with Ken.

Afghan Army Pickup Trucks In Iraq?

From the Task and Purpose website

When you spend enough time in Iraq and Afghanistan, the scenery starts to overlap, and you can forget which theater you’re currently in. Especially when the Danger Rangers all start to look the same. That was the feeling freelance reporter Courtney Body got Wednesday, when she spotted something in Iraq that didn’t want quite belong.

Body was stopped at an Iraqi checkpoint traveling toward Mosul on May 10, when a Ford Ranger in a passing convoy caught her attention: The insignia on the pickup truck wasn’t for Iraqi security forces… but for the Afghan National Army.

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Foods to Avoid If You Have High Triglycerides

From the WebMD website

Some vegetables are better than options when you are watching your triglycerides.

What you need to know

HIANG’s Newest Chief Master Sergeant

Congratulations to the Hawaii Air National Guard’s newest Chief – Ronald Mori. His promotion ceremony was held on May 24, 2017 in the 154th Wing Dining Facility. The Chief continues in the Wing’s Safety Office.

Check out more photographs

Vietnam Vet James McCloughan To Receive Medal of Honor From Trump

From the Task and Purpose website

President Donald Trump on June 13 said he will award the Medal of Honor next month to a retired west Michigan high school teacher and coach who as a medic is credited with saving the lives of 10 members of his platoon during the Battle of Nui Yon Hill in Vietnam nearly 50 years ago.

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