Learn about the Medicare IRMAA surcharge, how it's calculated, and how high-income retirees can plan to minimize its impact.

Single or head of household: You must have a MAGI of $150,000 or less to contribute the full $7,000 to a Roth IRA (or $8,000 ...

You don't need an employer-sponsored retirement plan to open a traditional or Roth IRA. Often overlooked is that Heath ...

Many workers worry that earning more, through a raise or bonus, could push them into a higher tax bracket and actually reduce ...

Regardless of how old you are, you can still reap the benefits of a Roth IRA, a retirement account that allows savers to grow their money tax-free.

How Emily Rassam, Partner and Senior Financial Planner of Archer Investment Management, is talking to her clients about ...

You have been introduced to Medicare’s girlfriends: MAGI (Modified Adjusted Gross Income) which explains what your yearly income bracket is and IRMAA (Income Related Monthly Adjusted Amount ...

I enrolled in a $0 premium Medicare Advantage plan to begin April 1st when I turn 65. I chose to disenroll from my husband’s employer benefits because my monthly premium is $0, making it more ...

Republican Congressman Keith Self tried to defend Medicaid cuts in the House by lying and saying Medicaid recipients are deadbeats. Most Medicaid recipients are working, but don't make enough money to ...

Your taxable income largely determines what you owe in taxes, while your modified adjusted gross income (MAGI) determines what you pay for Medicare. You can see how this all works by looking at a ...