In this week's Ask the Editor Q&A, Joy Taylor answers questions on the meaning of modified adjusted gross income, or MAGI.

Adjusted gross income is an amount that takes your total, or gross income, and makes certain adjustments to determine your income for certain tax break qualifications. Image source: The Motley Fool ...

MAGI is your adjusted gross income. It determines whether you qualify for specific benefits. And with Medicare, it determines whether you will pay higher Part B and Part D premiums. If you have a ...

The U.S. tax code didn’t get to be 74,000+ pages long without getting a little confusing. But don’t throw up your hands just yet; there are plenty of books, software programs and professionals to help ...

IRMAA is a surcharge that some Medicare enrollees must pay in addition to regular Medicare Part B and Part D premiums. The surcharge is based on your Modified Adjusted Gross Income (MAGI) from two ...

The Senate has approved a House bill that would change the definition of modified adjusted gross income under the healthcare reform law, according to an AHA News Now report. Under the healthcare ...