Since Congress has approved the Windfall Elimination Program and backdated to Jan 2024, I am getting 2 years of extra income this year and that will get my IRMMA pass the standard $106K -$212K for 2027.
The next IRMAA level is $212K-$266K. My 2024 AGI is $198K which I believe is still under $212K MAGI.
For 2025, since I cannot get pass the standard IRMMA lower limit, I may as well do some, say, $50K Roth conversion to bring my MAGI under $266K. I am aware of higher tax bracket and need some advice what I need to look out so I will not get over the IRMAA $266K limit.
What are the other source of income that will have to add to my TAXABLE income to derive to my MAGI. Thanks
