#medicare-premiums

[ follow ]
#social-security #cola #irmaa #roth-conversion #medicare #magi #cpi-w #cost-of-living-adjustment
#social-security
US politics
from24/7 Wall St.
3 months ago

4 Big Social Security Changes Are Coming in 2026. Are You Ready?

Social Security will see a 2.8% COLA in 2026, Medicare premiums may offset some, and full retirement age rises to 67 for those turning 66.
US politics
from24/7 Wall St.
3 months ago

Social Security's COLA Is 2.8% -- but Your Benefits May Go Up by a Lot Less

Social Security COLAs aim to preserve purchasing power by tracking the CPI-W, but Medicare premium increases can reduce the actual net benefit increase for enrollees.
more#social-security
Public health
from24/7 Wall St.
5 days ago

Large Roth Conversions Often Backfire for Retirees Already on Medicare

Roth conversions raise AGI and can trigger higher tax brackets, Medicare IRMAA surcharges, and taxation of Social Security, producing unexpected and lasting additional costs.
#medicare
more#medicare
from24/7 Wall St.
2 months ago

A 55 Year Old With 2.5 Million Dollars in Apple Stock: Key Factors to Review Before Selling

He has accumulated $2.5M in Apple stock that was purchased three decades ago. Now, it is almost all capital gains. He wants to draw on this income to fund his first few years of retirement, but doing so would count as Modified Adjusted Gross Income (MAGI). This would likely trigger higher taxes. So, how does he get around it? Let's look at his situation and see what others can learn from it.
Apple
[ Load more ]