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Perhaps the tax savings will exceed the Medicare premium bump. I haven't checked into that but I need to while there is still time to adapt my strategy. All depends on the difference between taxable income vs MAGI since the Medicare threshold is slightly higher than the top of my marginal bracket.


Just make sure to factor in the two year lookback. The IRMAA penalty you pay in 2022 will be driven by your 2020 MAGI.
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