Tag Archives: subsidies

Obamacare: regular savings withdrawal is not income

I have two more questions concerning MAGI when calculating the cost for affordable care insurance. Will withdrawals from a Roth IRA or a Money Market account count as income? If either one doesn’t , would it be a good idea to start taking money out of my 403b  account and put it in a savings […]

Obamacare: subsidies are not taxed as income

I am 58 and my daughter is 11.  I am so confused.My daughter and I receive Social Security Survivors Benefits.For 2014 our income should be $31,008 from Social Security and I have income from Dividends that should be below $2,000.Our total income should be $33,008.I did apply for Health insurance through the Market Place.It was […]

Obamacare: household income for four, health insurance for one

Does whole house income apply when only one person needs health insurance? Family: Four, Uninsured: One Dear Family Four, Household income includes money that you and your spouse earn, or receive (certain non-taxable income counts too; see the Modified Adjusted Gross Income definition).  It would not include money that your dependent children earn at their […]

Affordable Care Act: comparing plan benefits for pregnancy

Which ACA plan is the most cost effective for the average pregnancy in 2015 for a 28-year-old?  Assuming the pregnancy cost was $30,000.  Between insurance premium and possible HSA savings, which plans should we choose to spend the least amount of money? Mama Shopper Dear Mama Shopper, If you are comparing plans offered on your […]