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April 2, 2025
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401K rollover on 1099R affecting Medicare premium

  • April 2, 2025
  • 1 reply
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Will the large amount on my 1099-R, which was a 401K rollover to a traditional IRA and not income, affect my Medicare premium? 

    Best answer by dmertz

    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 reply

    dmertzAnswer
    Employee
    April 3, 2025

    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.