Post by Jolly on Feb 11, 2024 12:29:53 GMT
She's bad:
www.forbes.com/health/medicare/irmaa-for-medicare/
One of the things that can trigger IRMAA, that a lot of folks don't see coming...Because of taxes and RMD's, some people will elect to take money out of 401K's and IRA's to place in Roth accounts. Since that's pre-tax money, it is taxed as earned income in the year of withdrawal. That can put you over the income threshold level for IRMAA.
www.forbes.com/health/medicare/irmaa-for-medicare/
One of the things that can trigger IRMAA, that a lot of folks don't see coming...Because of taxes and RMD's, some people will elect to take money out of 401K's and IRA's to place in Roth accounts. Since that's pre-tax money, it is taxed as earned income in the year of withdrawal. That can put you over the income threshold level for IRMAA.
