Page 8 THE REVERE ADVOCATE – FRIDAY, JANUARY 5, 2024 LEGAL NOTICE NOTICE OF PRIVATE SALE Notice is hereby given by Northeast Towing pursuant to the provisions of G.L.c.255, Section 39A, that on or after Jan 26th 2024 at 209 Squire Rd Revere, MA, the following Motor Vehicles will be sold at private sale to satisfy the garage keeper’s lien thereon for storage, towing charges, and expenses of notices and sale of said vehicle. 2018 Alfa Romeo VIN: ZASFAKAN6J7B71168 RALPH TAGLIAMONTE 100 TRUEMAN DRIVE MALDEN, MA 02148 1998 GO-4 Vin: 2W9MPK633WP044128 KEITH RANDALL GARNER 2923 WOODHAVEN DR. ASHEBORO, NC. 27205 Signed Owner, Northeast Towing January 5, 12, 19, 2024 MEDICARE PREMIUM SURCHARGES M 425r Broadway, Saugus Located adjacent to Kohls Plaza Route 1 South in Saugus at the intersection of Walnut Street We are on MBTA Bus Route 429 781-231-1111 We are a Skating Rink with Bowling Alleys, Arcade and two TV’s where the ball games are always on! PUBLIC SKATING SCHEDULE 12-7 p.m. Sunday Monday Tuesday Wednesday Thursday Friday Saturday $9.00 Price includes Roller Skates Rollerblades/inline skates $3.00 additional cost Private Parties 7:30-11 p.m. $10.00 Price includes Roller Skates Adult Night 18+ Only Private Parties Private Parties 4-7 p.m. $9.00 12-9 p.m. 7:30-11 p.m. $10. 18+ Adults Only After 7 PM $9.00 Everyone must pay admission after 6 p.m. Sorry No Checks - ATM on site Roller skate rentals included in all prices Inline Skate Rentals $3.00 additional BIRTHDAY & PRIVATE PARTIES AVAILABLE www.roller-world.com For Advertising with Results, call The Advocate Newspapers at 781-286-8500 or Info@advocatenews.net edicare Part A premiums are free for most retirees. This is for hospital coverage. Medicare Part B is not free. This is for outpatient coverage. Medicare Part D is for prescription coverage and involves a premium as in Part B coverage. Many taxpayers are surprised when they receive a letter from Social Security stating that their Medicare Part B and Part D coverage will be increasing dramatically for the upcoming calendar year. They refer to this as IRMAA (the Income-Related Monthly Adjustment Amount). This would apply, for example, if you sold an investment property at a substantial capital gain in calendar year 2022. Your income tax return would not be fi led until the early part of calendar year 2023. Therefore, your IRMAA adjustment would not be applicable until calendar year 2024. If this was a one- time capital gain, then for 2025 your Medicare premiums would drop down back to normal as your 2024 Form 1040 would not include that substantial capital gain income. There are other instances where an IRMAA adjustment would be applicable. For example, you withdrew $100,000 from your Traditional IRA account which was all taxable, or a signifi cant capital gain realized from the sale of stock. For calendar year 2024, if you are single. You will pay an IRMAA surcharge if your modifi ed adjusted gross income (MAGI) is over $103,000. For a married fi ling joint tax return, the fi gure is $206,000. Even your non-taxable Social Security benefi ts are inaway from the city,” he said. So last fall he ran for the Ward 4 City Council seat left open by Mayor Patrick Keefe and won a decisive victory. “I had an advantage of being well known,” he said with a laugh. To his surprise, Argenzio found he enjoyed walking the ward, knocking on doors and talking to residents. “I’ve always had an interest in politics, always watched COUNCILLOR | FROM Page 1 the council,” he said. And campaigning for the job of ward councillor wasn’t that different than heading up the DPW. “I don’t think it will be much of a change for me,” he said. “I listen to whatever problems people have and most problems are public works–related issues.” Argenzio prides himself on being reactive to residents and city councillors. “Always being there was important; I made it my business to be accessible,” he said. And it wasn’t always easy. Major events like Hurricane Gloria in 1985, the tornado that hit Revere in 2014 and the April Fool’s Day Snowstorm in 1997 were serious and stressful challenges. Argenzio said clearing the streets for police and fi re vehicles was always a priority. And then there were the sewer overflows and water main breaks in the dead of winter. “Those were sometimes 34-to-36-hour-long hauls,” he said, adding that that’s one thing he won’t miss about the job. Argenzio was pleased to see the department fi nally in a new facility, specifically for public works. “That was a high point for me,” he said. “We’ve always been in some old, abandoned building,” he said. Having a dedicated space for the millions of dollars of city-owned equipment was a public works step forward. Argenzio said he enjoyed carcluded as part of the total income fi gure. Many people don’t realize that your Medicare Part D prescription coverage premium will increase as well, even though you are making monthly payments to a private insurance company such as Blue Cross Blue Shield. Often times, if one spouse dies, the surviving spouse might end up being assessed the IRMAA surcharge going forward. For example, if the married couple’s MAGI was $175,000 when they fi led a joint income tax return, that fi gure is below the threshold of $203,000 before the IRMAA surcharge would become applicable. If the surviving spouse’s MAGI end’s up being $140,000 in the year after the deceased spouse’s death, that fi gure is above the $103,000 level for a single person and the surcharge would then be applicable. As a further note, none of your itemized deductions, such as real estate taxes, state income taxes, or mortgage interest help to reduce the IRMAA surcharge. These deductions are not taken into consideration when calculating MAGI. Joseph D. Cataldo is an Estate Planning/Elder Law Attorney, Certifi ed Public Accountant, Certifi ed Financial Planner, AICPA Personal Financial Specialist and holds a Master’s Degree in Taxation. ing for the city’s athletic fi elds and parks and the grounds of public buildings, such as the library, city schools and the senior center. There was also plenty of budgeting, scheduling and paperwork, grants and loans to oversee. All of which gives him a head start as a new city councillor looking at city problems and issues. But what Argenzio said he valued most during his 43 years at the DPW were the relationships with residents, DPW workers, city department heads and offi - cials. “It was very satisfying being able to help a lot of people with problems,” he said, adding that 75 percent of city problems involve public works. “But I won’t miss the calls, one after another,” he said, adding that there was always some crisis. Still, Argenzio seems ready for calls from Ward 4 constituents. And he’s looking forward to serving with five other new city councillors. “There’s six new councillors; we’ve never had that amount of change,” he said. “The biggest issue is the new high school, and I look forward to talking about it.” He said he was dismayed to see that talks about the high school became so personal and he’s hoping the new council will be able to compromise. “Maybe the conversation can get back on track,” he said. Argenzio can certainly bring a new perspective on the culvert that has been a shock to those who supported the plan to build the school on the existing site. “The culvert was an issue 43 years ago,” he said. “It has to be addressed no matter where the high school goes.” Argenzio has had a front row seat to all of the change and growth in the city for the past four decades. It’s home and it’s a place he is committed to serving. “Revere is a vibrant community, with great diversity and it’s close to Boston but not in Boston.”
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