I sometimes feel like a financial advisor with aca, but I'm really just a health agent handing out $2-3 million dollars of taxpayer money within 45 days
"No, don't take soc sec yet or you will lose 15% of it due to loss of aptc tax credits."
When 400% fpl cliff was in effect, I'd tell them to buy an HSA plan, their HSA contribution of $3000 saved them $20,000 in aptc or helped them avoid a $20k clawback
Other retired millionaires who can control income ask me where is the sweet income spot? I say $24k for family of 2 and they say, "ok, thats what I will take out of my IRA". Ok, here is your $20k in tax credits, and your FREE insurance plan with $700 max OOP plan. You can thank the taxpayers, and obama.
Whoever built these aptc formulas really missed out that they are helping the rich along with the poor. Its those in the middle income range that get screwed
"No, don't take soc sec yet or you will lose 15% of it due to loss of aptc tax credits."
When 400% fpl cliff was in effect, I'd tell them to buy an HSA plan, their HSA contribution of $3000 saved them $20,000 in aptc or helped them avoid a $20k clawback
Other retired millionaires who can control income ask me where is the sweet income spot? I say $24k for family of 2 and they say, "ok, thats what I will take out of my IRA". Ok, here is your $20k in tax credits, and your FREE insurance plan with $700 max OOP plan. You can thank the taxpayers, and obama.
Whoever built these aptc formulas really missed out that they are helping the rich along with the poor. Its those in the middle income range that get screwed
