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The impact of converting traditional IRAs to Roth IRAs on Medicare Part B and D premiums due to increased taxable income and IRMAA surcharges.
Over the past decade IRMAA surcharges have trended upward, driven by annual adjustments to the Part B base premium, separate Part B and D surcharge increases, and CPI‑indexing of most thresholds — but...
raise taxable income in the conversion year and therefore can temporarily increase the portion of that is taxable, while completed Roth conversions reduce future required minimum distributions and fut...
Since 2024, the reporting reviewed does not document any concrete, enacted or pending federal legislative proposal that would explicitly redefine what counts toward Modified Adjusted Gross Income (MAG...
Roth conversions can shrink the slice of retirement income that counts toward Social Security taxation by replacing future taxable IRA/401(k) withdrawals with tax-free Roth distributions, but the conv...
Yes — converting a traditional IRA to a Roth creates a taxable event that raises that year's taxable income (MAGI), and Medicare Part B and D premiums are set based on MAGI from two years earlier, so ...