I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on which my ...

Medicare looks at a number called the modified adjusted gross income (MAGI) when determining whether you'll be charged a higher rate. This number won't appear on your tax return, but you can calculate ...

In 2025, the Income-Related Monthly Adjustment Amount (IRMAA) surcharges for Medicare premiums will continue to impact high-income beneficiaries. If you are a married couple filing ...

I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on which my ...

Converting money from a tax-deferred retirement account to a Roth IRA can cause Medicare premiums for Part B and Part D to ...

These additional upcharges for Part B are determined by each person’s “Medicare MAGI.” This is one’s Modified Adjusted Gross Income from their IRS Form 1040 or 1040-SR, plus any non ...

For example, the total monthly premium in 2025 is $628.90 for individuals with an annual modified adjusted gross income (MAGI) of $500,000 or more, according to the Centers for Medicare & Medicaid ...

Medicare counts SSDI as income, so if you receive both and work, your premium may be higher. But if you rely only on disability payments, you pay the standard costs.

If your income places you on the borderline for IRMAA or if you routinely make significant deductions, it's worth calculating your MAGI. The government adjusts the income brackets every year to ...

If you are a single filer on your income tax return, the base premium for Part B of Medicare is $170.10 per month in 2022. But as soon as your modified adjusted gross income (MAGI) goes over $ ...

Opinions expressed by Forbes Contributors are their own. Bob Carlson researches all facets of retirement finances. The Centers for Medicare and Medicaid Services (CMS) announced the 2025 inflation ...