Quote Originally Posted by DonB View Post
This can be a great tax planning maneuver if it makes economic sense. I just had a client (>59 1/2) establish and contribute $100 to an IRA reducing her AGI below the first Tuition Deduction threshold. I told her she could withdraw it next month if she so wishes.
It's also a nice end-run for anyone "on the edges" of having to deal with the various IRMAA Medicare surcharge levels, especially for MFJ returns.

FE