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 ...

I’m getting $110,000 from a 401(k) through a divorce QDRO. Where should I put the money to avoid excess tax and IIRMA ...

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

Thinking of converting a traditional IRA to a Roth IRA? The Kiplinger Tax Letter Editor highlights nine factors you should ...

Yes, you read right; the IRS can tax up to 85% of your Social Security benefits... but only if your combined income crosses ...

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

Tax credits are subtracted directly from the tax you owe, helping you cut down your overall tax bill. Tax deductions also ...

If you want to make a second Roth IRA contribution within a single year, you still have time -- as long as you make the second contribution before Tax Day: April 15. This might be a good idea if ...

If a Child Tax Credit claim was denied but should have been approved, there are clear steps to challenge the decision. Find ...

To determine whether you’ll owe an IRMAA surcharge, Medicare sets a specific modified adjusted gross income (MAGI) threshold that is calculated by adding your adjusted gross income (AGI ...

Navigating Florida's Medicaid program requires a clear understanding of the income limits and eligibility criteria set for 2025. Medicaid, a state and federally funded program, off ...

If your modified adjusted gross income, or MAGI, exceeds $103,000 (single) or $206,000 (married), expect surcharges on your Medicare premiums. What can you do? Keep an eye on income thresholds ...