Recent content by 25ring

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    Non Formulary

    Under ACA silver plans with cost sharing,are non formulary drugs covered after the OOP maximum has been reached or are they not covered at all? Thanks for any help.Mike.
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    For the recently retired how do you resolve ACA wage inconsistency, big drop in MAGI

    Just received my letter from HHS stating that no further action is needed.My Roth conversion confirms my eligibility for income for 2015. A Roth withdrawl isn't taxable but a Roth conversion from an TIRA is. FWIW --Mike
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    For the recently retired how do you resolve ACA wage inconsistency, big drop in MAGI

    Oh boy! Another CoOpportunity policy holder like me! Good thing I'm retired because this is turning into a full time job.
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    For the recently retired how do you resolve ACA wage inconsistency, big drop in MAGI

    Thought I'd give an update. Called Vanguard to do a Roth conversion.Told the rep what I was trying to accomplish with the ACA.He started laughing and said that he was right behind me in age [59] and looking to do the same himself.Healthcare.gov while polite,don't really seem to know anything...
  5. 2

    For the recently retired how do you resolve ACA wage inconsistency, big drop in MAGI

    MRG, I'm going to contact my CPA tomorrow and maybe the Healthcare.gov people and see what they say. This stuff is new to pretty much everybody and we're on uncharted ground. I just want to say that this forum has been extremely helpful to me in navigating this healthcare quagmire and comforting...
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    For the recently retired how do you resolve ACA wage inconsistency, big drop in MAGI

    John,My premium for Jan has been paid and the one for Feb with the new ins has been set up.The letter I received from HHS says I have 60days to submit proof of income for 2015. Last year I worked 4mos before retireing ,so income proof wasn't a problem.This year I have to create it from my tax...
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    For the recently retired how do you resolve ACA wage inconsistency, big drop in MAGI

    Thanks MRG! I know what you mean.I was one of those that had a policy with CoOpportunity.I had to reapply for ins with another company since CoOp went belly up.The people at Healthcare.gov didn't know anything about it! I had to inform the person that the policy wasn't even offered on their own...
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    For the recently retired how do you resolve ACA wage inconsistency, big drop in MAGI

    I,m in the same boat.I retired last year in May. I receive a subsidy from the ACA.This year they want proof of income for 2015.If I do a Roth conversion to meet the income requirements for the year, will the statement from my financial institution fulfill the proof requirement the gov.needs...
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