How a 63-year-old can pull $48,000 a year from a $1.2 million 401(k) without triggering IRMAA or taxing Social Security

Quick ReadIncome at 63 sets Medicare premiums at 65 via IRMAA, but a $48,000 withdrawal stays far below the $218,000 joint MAGI threshold that triggers surcharges.Once Social Security begins, a ...

How a 63-year-old can pull $48,000 a year from a $1.2 million 401(k) without triggering IRMAA or taxing Social Security

Quick ReadIncome at 63 sets Medicare premiums at 65 via IRMAA, but a $48,000 withdrawal stays far below the $218,000 joint MAGI threshold that triggers surcharges.Once Social Security begins, a ...

This story was originally published by 24/7 Wall St. on MSN. Use the link below to read the full article at the source.

Share

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0