I’m getting $110,000 from a 401(k) through a divorce QDRO. Where should I put the money to avoid excess tax and IIRMA implications? I’m 70 and my only income comes from Social Security.

The first IRMAA level starts for Medicare beneficiaries who file individual tax returns when their MAGI hits $106,000 in 2025. A second IRMAA threshold begins when an individual’s MAGI reaches ...

For starters, if you roll the QDRO distribution into an IRA, your MAGI will not increase. That's because the rollover isn't included in your income. It does mean that you'll have to consider whether ...

how the IRMAA was calculated what to do if the information used to calculate the IRMAA is incorrect what to do if you had a reduction in income or a life changing event You’ll then receive an ...

If the modified adjusted gross income you reported on your taxes from 2 years ago is higher than a certain limit, though, you may need to pay a monthly IRMAA in addition to your premium.

Dear Rusty: I have questions concerning the deduction of money from my Social Security benefit amount as relates to the sale of investment property. I am 66 years old and have been drawing Social ...

Frequently Asked Questions are divided into four topics. Click on the corresponding question to view the answers. Submit all other questions and comments using WEO Data Question Form ...

Calculating rental tax income in Singapore involves deducting allowable expenses, such as mortgage interest and deemed expenses, from the gross rent. You can claim a 15% deemed rental expense ...