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IRMAA cliff can wreck a Roth-to-traditional conversion

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Every dollar moved from a traditional IRA into a Roth counts as ordinary income on the federal return for that year. For anyone within two years of Medicare eligibility, that income spike can trigger a surcharge adding $1,148 to $6,936 per…

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IRMAA cliff can wreck a Roth-to-traditional conversion
TheStreet 1h ago

IRMAA cliff can wreck a Roth-to-traditional conversion

Every dollar moved from a traditional IRA into a Roth counts as ordinary income on the federal return for that year. For anyone within two years of Medicare eligibility, that income spike can trigger a surcharge adding $1,148 to $6,936 per…