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Kiplinger
Kiplinger
Business
Joe F. Schmitz Jr., CFP®, ChFC®

How a Roth Conversion Can Spare You From Medicare’s IRMAA and Taxes

An older couple look at a laptop together while they go over paperwork on their living room sofa.

How does it feel to know that some people will pay less for Medicare coverage than you do, but you will all get the same benefits?

It can be tough to understand, especially when you have been a diligent saver over the years, have worked hard to accumulate what you have and have really embraced the “millionaire next door” concept. Meanwhile, another person, possibly paying less for the same coverage, did not work as hard as you over the years and was not as much of a diligent saver as you.

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