@Opus 17 Thanks for your reply! I'll give you the background for our situation. My husband is applying for Medicare the middle of this month. Because they back date to the 1st, and then make coverage retroactive to 6 months, he should've stopped contributing by 9/1/25. Due to incorrect information provided by his employer's Aetna concierge (I use that title very loosely), he didn't stop contributing until 10/31/25. Thus the need to withdraw 2 months of contributions. The withdrawal was done in January 2026. We are both going to have the same health plan that we've had for years until midnight of the day he retires, which will be 5/8/26. He'll then be on Medicare, and I'll be taking Cobra thru his employer. Expensive as it is, it's cheaper than the Marketplace...grrr!! I have another 6 years before I can go on Medicare. That's why I questioned answering that we had a different health plan for part of 2025....because we didn't
Another question I came across is when I report the excess contributions and earnings on Form #8889 for tax year 2025 (so Medicare can see that we withdrew it), when is the money actually taxed? The 2025 or 2026 tax year? He won't get the 1099 until 2027.
Sorry for the long reply.......
