Can Agent Charge Clients a Fee for ACA Applications?

[Yagents]

Remember, navigators are free because they are paid for with other people's money. Never ever ever spend your own money to get good advice.

Health insurance scams are targeting consumers in Texas

 

[scagnt83]

You'll have to share how you do that $66000 tax deduction, comrade.

You can put $53k into a qualified plan (401k + profit sharing). $59k if you are over 50 (using catch-up contributions).

Layer that with a Cash Balance Defined Benefits Plan, and you can defer $200k+ per year, depending on age/income. And that gets taken out pre-FICA unlike the 401k/PS contributions.

It costs around $1k-3k per year in TPA fees, and will save you at least $10k in taxes if you are putting in $50k or more.

I have multiple 401k clients (most are 1-5 employee type operations) who defer 70% - 100% of their income each year. It works really well for solo guys or husband/wife teams. PM me if you want more detailed info.