Sad to say, there is no escaping IRMAA by switching to a Medicare Advantage plan.
 

Nope, no free lunch. Unfortunately I'm dancing with IRMAA this year. :ohdear:

If you have an IRA and have reached RMD age — and that is what is throwing you into IRMAA — using a QCD as part, or all, of the RMD might avoid IRMAA.

If donated directly to a qualified charity, the amount of the QCD does not get added to the AGI.

OK! :1rotfl:

“OK,” you say, Two Bills. :) I think I can see your meaning here on this early morn — early for me — not for you — if still across the pond.

You do not have to worry about all the abbreviations that we front-end Boomers here need to be aware of — as we go slouching toward our ever increasing Medicare costs.

I appreciated the laugh though — first thing this morning.

I think you might appreciate what a good friend said to me when I was regaling her with the the same thing I said in my post above……..

With a look of pure ennui, she said, “RMD? QCD? AGI? WTF?”

(OMG! That reminds me. Time is drawing nigh. I must figure out my Plan D choice for 2022. We have decided to continue to cling to our Plan F, although maybe a Plan G or a Plan N would be OK???)…….

ABCDEFGeeeeHIJKLMNOPeeeeQRSTUVeeeeWXY
andZeeeeee…………

Boomer :)

Still across pond.
I agree with your friends last abbreviation.
So complicated being an American!

Don't let the tail wag the dog.

Enjoy your retirement, you earned it.