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If you retired this year and your Medicare premium looks wrong, IRMAA may be the reason. Medicare often uses income from 2 years ago, but retirees with a major income drop may be able to ask Social Security to look again.

A backdoor Roth IRA sounds simple until pretax IRA money gets involved. If the rollover, Form 8606 history, pro rata rule, and December 31 IRA balance do not line up, the tax result can look very different from what you expected.