Health Care FinanceMedicare - GeneralPart D/Prescription Drugs

Reverse this retirement withdrawal and it could cut your Medicare costs

You have to August 31st to reverse your retirement minimum distributions (RMDs).  Why?  The CARES Act allows retirement savers to skip their 2020 RMD withdrawals which will lower their modified adjusted gross income for 2020, which may result in lower Medicare Part B and Part D premiums in 2022.  Read article here…

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