@bgt6z666: Thinking of withdrawing from your 401k? 🤑 Be careful! It may impact your Medicare Part B costs based on tax brackets. Let's talk about how to avoid surprises in your health coverage! 💬 #Medicare #RetirementPlanning #401k #FinanceTips #TaxSeason #MoneyMatters #SaveMoney #foryou #fyp #tiktok

bgt6z666
bgt6z666
Open In TikTok:
Region: US
Monday 06 July 2026 10:09:36 GMT
31938
207
18
74

Music

Download

Comments

lavenderbren
Lavender Bren :
That is so unfair, I recently found out about IRMA, most young people who are paying into a 401K plan has no idea what awaits them. The system strips you of every dollar 💵 you worked for.
2026-07-08 00:33:30
2
patrickcharles831
patrickcharles831 :
What if you are 42 and not currently able to work
2026-07-08 09:49:14
0
jimmyleethomas3
user6060292071675 :
Even if you take it out at 59/half will they still taxe you!!
2026-07-08 00:42:00
0
mike3rd06
mike3rd :
do a roth 401K
2026-07-08 05:11:29
1
dazed887
Dazed887 :
IRMMA sucks and is not a fair tax.
2026-07-06 23:25:42
2
lewsue
On Holiday :
Is that determined every year? Or a one time thing and locked in?
2026-07-06 17:39:45
2
plenty0275
plenty :
The government screws you one way to the next. All are lives we pay taxes and are taxed again on money you’ve been taxed on which drives up more taxes! BS
2026-07-07 06:02:31
1
brianmarciochi
Brian Marciochi :
This is exhausting
2026-07-07 17:47:45
3
sunshinedaisyjimmy
sunshinedaisyjimmyya :
If we can't use the money we put aside, what's the point? We are going to be taxed regardless.
2026-07-06 22:19:43
3
user9712382119042
Whitetail :
That’s only from 62 to 63 correct
2026-07-07 13:15:02
0
westiegirl2
💞Westiegirl💞 :
if I take money out of my 401k they take an extra 20% out for taxes. isn't that done then? is it considered income and then you pay taxes again?
2026-07-07 05:05:51
0
zorlo1959
Zorlo-59 :
and if your spouse is on Covered California then your covered California rates will go up the more money you pull out of retirement..... and it ain't cheap my spouse is over $750mo
2026-07-07 13:20:31
0
otafoya
Tafoya ❌ :
I’m tired of being taxed to death
2026-07-06 22:05:12
5
junito3423
Junito :
Yes, Medicare part B changes annually, based on your taxes. Initially, they look back two years. So if you are getting Medicare in 2026, they will look at your 2024 taxes. There's no beating the Feds, so you might as well take your money out and enjoy.
2026-07-06 19:00:24
1
michael.dawkins2
londonBoy876 :
😁😁😁
2026-07-07 05:38:29
0
To see more videos from user @bgt6z666, please go to the Tikwm homepage.

Other Videos


About