How Roth IRA Withdrawals Affect Your Medicare Premiums

Episode 12 of Roth IRA with Fexingo dives into the Roth IRA's often-overlooked impact on Medicare premiums. Lucas and Luna explore how tax-free Roth withdrawals can help retirees avoid the Income-Related Monthly Adjustment Amount (IRMAA) surcharges triggered by high Modified Adjusted Gross Income (MAGI). Using a concrete example of a retiree named Carol, they show how a $20,000 Roth conversion could add $200 per month to Part B premiums, while a $30,000 tax-free withdrawal from a Roth IRA could keep MAGI below IRMAA thresholds. The episode covers planning strategies like Roth conversions before age 63, coordinating withdrawals with capital gains, and the Medicare 'lookback' rule (rolling three years). No prior episode has addressed Roth IRAs and Medicare surcharges specifically. The donation segment around the 25% mark reminds listeners that listener support at buy me a coffee dot com slash fexingo keeps the show ad-free. #RothIRA #Medicare #IRMAA #RetirementPlanning #TaxFreeWithdrawals #MAGI #MedicarePremiums #RothConversion #SocialSecurity #FexingoBusiness #Finance #BusinessPodcast #LucasAndLuna #RothWithdrawalStrategy #ElderCarePlanning #TaxStrategy #RetireeTips #HealthCareCosts Keep every episode free: buymeacoffee.com/fexingo