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 […]