I should have been more forthcoming in my MFJ scenario. My wife has an HSA and is not on Medicare (she is 59 years old).You can’t make any HSA contributions when you have medicareI was introduced to Aunt IRMAA in Dec 2023 when I received my Jan 2024 Medicare statement. My monthly premium had increased by almost $100. I did some research and discovered our additional income in 2022 (our RV purchase just got more expensiveHi friends, I think we may have unintentionally exceeded our goals for 2023 mAGI as shown below(did not want to exceed standard IRMAA limits).
Can I put money into my tIRA to reduce my mAGI at this point in time ? If not is there anything else I can do ?) and triggered IRMAA for me.
And guess what, the Lexus we bought in 2023 is resulting in a potential additional year of IRMAA premiums if threshold is $210,000 (our current AGI is $210,167).
Another option to tIRA contribution might be an HSA contribution. I believe I can contribute to our HSA prior to 4/15/24 and reduce 2023 AGI on a dollar-for-dollar basis (family HSA max contribution is $8,300 in 2024).
Anyone dispute or support this option?
(did not want to exceed standard IRMAA limits). 
) and triggered IRMAA for me....."Your spouse being on Medicare does not disqualify you from continuing contributions to the HSA up to the family limit.."
Statistics: Posted by bhwabeck3533 — Sat Jan 13, 2024 6:14 am — Replies 17 — Views 2487