Does Roth IRA conversion income count towards Medicare IRMAA limits?
Last year I converted funds from my traditional IRA into my Roth IRA. Does this conversion count towards my Medicare income-related monthly adjusted amount (IRMAA) thresholds?
Last year I converted funds from my traditional IRA into my Roth IRA. Does this conversion count towards my Medicare income-related monthly adjusted amount (IRMAA) thresholds?
Permalink Submitted by David Mertz on Tue, 2022-03-29 19:57
Yes, the taxable amount of a Roth conversion adds to your AGI that is used to determine your Medicare IRMAA. This is something to factor in when you are determining the effective marginal tax rate of the conversion.