For individuals enrolled in Medicare, costs can vary significantly depending on income. While most beneficiaries pay a ...

Why AGI matters AGI, or a variation of it, is used as a benchmark for a number of financial and tax matters. If you see the term "modified adjusted gross income," or MAGI, it is your AGI with ...

While the AGI is important, the modified adjusted gross income may be more important for those applying for assistance through programs such as Medicaid or the government health insurance marketplace.

MAGI (modified adjusted gross income) explains what your yearly income bracket is, and IRMAA (income related monthly adjusted ...

According to Malvern-based financial firm Vanguard, “tax-loss harvesting is when you sell investments at a loss and use those losses to offset gains in other investments. You then take the money from ...

Your modified adjusted gross income, discussed below, is also tied to a range of tax breaks. For that reason, taking steps to keep your AGI below those limits could benefit you, now and in the future.

Your Roth IRA contribution is restricted by your modified adjusted gross income (MAGI), which impacts eligibility and contribution limits. If over MAGI limits, consider a backdoor Roth IRA ...

I have questions concerning the deduction of money from my Social Security benefit amount as relates to the sale of investment property. I am 66 years old and have been drawing Social Security since I ...