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‘This would be a one-time event’: How can I take extra money from my 401(k) without triggering higher Medicare premiums?
Key takeaways
- I generally withdraw money from my traditional 401(k) for projects, larger expenses and sometimes just to stay ahead on upcoming bills.
- I typically keep my withdrawals below the Medicare income threshold to keep my premiums as low as possible.
- Could a new bipartisan commission make a difference?
Quentin Fottrell Sat, June 6, 2026 at 7:14 PM GMT+7 4 min read “I typically keep my withdrawals below the Medicare income threshold.” (Photo subject is a model.) - Getty Images Dear Quentin, I have Social Security and a pension that cover most of my bills. I generally withdraw money from my traditional 401(k) for projects, larger expenses and sometimes just to stay ahead on upcoming bills.
I typically keep my withdrawals below the Medicare income threshold to keep my premiums as low as possible. I understand that Medicare uses a two-year look-back period, but I’ve been considering taking a larger withdrawal.
Social Security is looking at a $500-a-month cut. Could a new bipartisan commission make a difference?
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