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Using IRAs to reduce Medicare premiums

Directing a portion of required minimum distributions directly to a charity can reduce both taxes and Medicare premiums.

High-income Medicare beneficiaries who are age 70 1/2 or older can use a recent change in the tax code to reduce their Medicare premiums surcharges.

Individuals whose modified adjusted gross income (MAGI), which encompasses all income including tax-exempt interest, tops $85,000 and married couples

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