Learn about the Medicare IRMAA surcharge, how it's calculated, and how high-income retirees can plan to minimize its impact.

Your Roth IRA contribution is restricted by your modified adjusted gross income (MAGI), which impacts eligibility and contribution limits. If over MAGI limits, consider a backdoor Roth IRA ...

MINOT, N.D. (KMOT) - Last Tuesday, Minot High senior Mack Morelli elevated his ... regular season with the best record in the state, the Magi shift their focus to the WDA tournament.

Lowering MAGI through retirement contributions can help reduce NIIT exposure. When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net ...

These income limits are based on your modified adjusted gross income (MAGI) and tax-filing status. If you're in the phase-out range, you can make partial contributions but not the maximum limit ...