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Does 401k withdrawals affect Medicare premiums at 65.
1. Husband wants to withdraw about 780,000$ from his traditional 401k to buy a home this year in 2022. I will be 65 in Sept 2023 , he will be 65 in Feb. 2024. Will this this high income affect Medicare premiums when it comes time for us to apply?
2. if yes, how.?
I heard Medicare reviews tax returns from 2 years back to determine premiums.
‎April 18, 2022
3:45 PM