[tophcfa]

Originally Posted by Altavia

How old are you?

In case on Medicare, the OP needs to factor in the IRMMA payments.

SSA - POMS: HI 01101.020 - IRMAA Sliding Scale Tables - 01/04/2024

If younger than 73, talk to your financial guy about Roth conversions.

And if the OP is below 65 and purchases health insurance through Obamacare, he/she needs to consider how reported gross income will affect tax credits to subsidize said insurance. Although, in the 22% marginal tax bracket, the OP probably wouldn’t be eligible and is paying the full load.

The explanation between marginal tax bracket and actual percentage owed, in the first few posts, is spot on.