Does 401k withdrawals affect Medicare premiums at 65.

[Scoop980]

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.

[LudwigVan_fan]

According to the SSA.gov medicare web page, they use the most recent tax return.  It looks like to determine 2022 premiums, they're looking at 2020 income.

Here is a link to SSA and Medicare

https://www.ssa.gov/benefits/medicare/medicare-premiums.html

Also this link

https://www.medicare.gov/your-medicare-costs/part-b-cost