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How Retirees With $1.2 Million 401(k)s Can Keep Medicare Premiums Low

Original: How to Keep Medicare Premiums at the Base Rate for Life With a $1.2 Million 401(k)

A personal finance guide explains how a retiree with a $1.2 million 401(k) can avoid higher Medicare premiums and stay at the base Part B rate for life. The strategy centers on managing reported income in retirement, since Medicare surcharges are tied to income thresholds from tax returns two years prior. Commenters are debating how realistic such planning is for ordinary savers.

Why now: Retirees and pre-retirees are actively worried about income-related Medicare premium surcharges eroding their savings.

Medicare401(k)24/7 Wall St.

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