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Old 03-04-2014, 07:42 PM   #21
Thinks s/he gets paid by the post
Join Date: Sep 2012
Location: Seattle
Posts: 2,291
I ran your numbers through the calculators and came up with a annual premium for a silver plan with a 94% actuarial value based on a MAGI of $22,000. The premium would be $775 per year and additional cost sharing would limit additional outlay to $600.

If instead you have a MAGI of $50,000 and go with a bronze plan, your premium will be $3,145 per year and only have a actuarial value of 60%. Your additional outlay could be as much as $15,000.

So...sell the house and rent, keep the money and use it to control your MAGI to $22,000 and pay a maximum of $1375 a year for health insurance

OR...keep the house, pay real estate taxes, maintenance, and draw from your investments with a MAGI of $50,000 and pay a maximum of $18,145 per year for health insurance.

$1,375 vs $18,145


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Old 03-05-2014, 05:36 PM   #22
Dryer sheet wannabe
Join Date: Feb 2014
Location: Just outside 495
Posts: 21
Wow, hmmm yes indeed! Thank you for the calculation.

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