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Opened a new account and linked it to my brokerage account fairly easily. Looking to purchase max amount of i-Bonds next week. One quick question since this is my first purchase through the Treasury website. Has anyone cashed out one of these yet and were you able to electronically transfer...

Thanks again to all that responded! I actually understand the current system now! Can't wait to see what's offered up for 2023. Stay healthy out there!

RunningBum - thank you for your reply! And no, I don't really want to go back to the former all or nothing plan but I do want to fully understand this one! If you can indulge me with a follow up question I'd be grateful. I'm sure this thread will help others now that the 2022 plans are...

Great info in this thread - thank you! Still trying to work this new 8.5% of MAGI system out for 2022 now that plan costs are live online to review. What still confuses me is how the Gov subsidies (PTC) play into this equation. Let's use the same MAGI income number of $100K for this exercise so...

Retired (I call it "work optional") at 52 in 2017 and paid Cobra until 2018 when I signed up with the ACA. Wife, child and myself. Bronze plans with silly high deductibles but thankfully we stashed enough emergency cash to cover all that before we joined up. Tap dancing around the MAGI/PTC...

Having a heck of a time making sense of the new ACA subsidy limit changes but this thread has helped quite a bit! Like many here, my main concern is exceeding the MAGI income estimates I give to the ACA at the start of each new year and then having to repay the subsidies they payout on our...

Retired at 52 with wife and one child. Wife is self-employed so no employer insurance option there. Went COBRA for a few months until the ACA Eligibility window opened and jumped in 3 years ago. Chose a high deductible Bronze ACA plan and kept our MAGI tax income below the threshold to qualify...

Yes, the majority of our joint income and MAGI is being generated from our investment portfolio which I've had to begin limiting to avoid the ACA subsidy threshold issue. (good challenge to have... I'll take it!) It's to the point I either open the investment throttle and try to generate...

Will look into SEP IRA and all options but I believe whatever I come up with will have to be channeled through my wife's sole proprietor business which thankfully produces just enough "earned income" to cover our IRA contributions. And yes...my travesty threshold is always lower during open...

Struggling with ACA subsidy limits this week as well. Family of 3 which will lose all subsidy assistance if our MAGI exceeds $83K. The cost for our barely average bronze level plan (with $15k family deductible!) would increase by $12K next year if we choose to exceed the MAGI limit so any...

I've placed some $$ with CIT Bank. Their current MM rate is 1.85% and it's FDIC. They are also offering a 1 year CD at 2.5%. Setting up the MM was easy and they were very helpful on the phone when I needed to ask questions.

New to the forum and found this thread of particular interest since I am currently in the midst of attempting to transition my family and I out of my former employer's Cobra plan and onto the ACA starting in Jan 2018. Expecting a big AGI drop in 2018 as I transition into my new life away from...