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Old 04-01-2013, 12:14 PM   #21
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So how many FIRE'd people are going to manage their withdraws to qualify for the cliff?

Maybe a poll would be interesting.
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Old 04-01-2013, 12:19 PM   #22
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Quote:
Originally Posted by explanade View Post
So how many FIRE'd people are going to manage their withdraws to qualify for the cliff?

Maybe a poll would be interesting.
Go for it.
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Old 04-01-2013, 12:29 PM   #23
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I'd love to see that poll also.
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Old 04-01-2013, 12:32 PM   #24
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So, someone with a low MAGI in 2012, but a high one later, will have a huge tax bill due upon the reconciling.

happy days are here again-sheesh
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Old 04-01-2013, 12:34 PM   #25
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So how many FIRE'd people are going to manage their withdraws to qualify for the cliff?

Maybe a poll would be interesting.

i will and can if i get to keep the mass health connector plan i purchased this year. if i have to change providers by changing plan to get subsidized-no
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Old 04-01-2013, 01:39 PM   #26
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I'd love to see that poll also.
Here it is in case you didn't see it:


Poll: Who's going to try to get ACA subsidies by staying under the threshold?
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Old 04-01-2013, 04:46 PM   #27
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You can recharacterize and file an ammended 1040.
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The only implication is that you will need to pay the full boat premium in 2014 and will get your subsidy as part of your 2014 tax refund in early 2015. Just a timing difference but you'll need to plan for the cash flow. Will be ~$1,200 a month in my case - yikes!
Ok, Thanks.
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