Does a military pension count toward income levels for Roth contributions? – Gail Congratulations on earning your service pension. Whether it's due to your own service or a spouse's service, you’ve ...

Learn about the Medicare IRMAA surcharge, how it's calculated, and how high-income retirees can plan to minimize its impact.

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.

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 ...

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

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 ...

You may claim either the adoption credit or the income exclusion. Eligibility is based on modified adjusted gross income, or MAGI. To get the full credit, you need to have MAGI below $252,150 for ...