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posted Apr 2, 2025 12:59:14 PM

401K rollover on 1099R affecting Medicare premium

Will the large amount on my 1099-R, which was a 401K rollover to a traditional IRA and not income, affect my Medicare premium? 

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1 Best answer
Level 15
Apr 2, 2025 5:34:16 PM

Because a rollover from a 401(k) to a traditional IRA is nontaxable income, it does not add to your AGI and has no effect on your Medicare IRMAA.

1 Replies
Level 15
Apr 2, 2025 5:34:16 PM

Because a rollover from a 401(k) to a traditional IRA is nontaxable income, it does not add to your AGI and has no effect on your Medicare IRMAA.