From Barron’s — By Elizabeth O’Brien —
Planning for your Medicare premiums isn’t on most preretirement checklists, but it’s an important consideration for those with higher incomes.
Your Medicare premium for a given year is based on your income from two years prior—typically from the last tax return on file. Since you know that in advance, there could well be opportunities to head off some income-based surcharges down the line. …
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