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i redid the whole signup process using my wifes name now it works. used exact same income data well i guess i can move on to the next pitfall waiting is logical but the problem with that approach could be a higher volume of screw up will swamp them.

on the nevada site i am getting an incorrect subsidy calculation. the nevada exhange people acknowledge it is incorrect. any suggestions on what to do i am stuck.

I agree with the post. However, some points that make me think I may use an annuity in the future in particular a deferred annuity Pb4usk is correct that at the cliff $1 of income can cause a large increase in health care expenditures in fact under just the right conditions $1 can cost...

Thank you Yes I am not using annuity at this time but I am concerned that aca contains some triggers that will lower the subsidies if the program is too expensive.. May need to use annuity in the future.

Thank you very much

Can you elaborate on why it would be better than the variable ? I am very interested in learning more about this option. As you say it would solve the magi issue. The disadvantage are a lack of liquidity and the risk the insurance company will go belly up. Also, if you compare the 7 year...

Brewer, just a word of caution. I was warned by a CPA that it is dangerous to use a business structure to qualify for aca. This is not tax minimization but using a corporate structure to qualify for a federal aid program. His view was it will attract audits and that having him deal with the...

I looked into this a bit as an option to lower magi for aca I want to understand this option better I think that you do have to redeem shares to move to the variable annuity Then when you take money out of the annuity there is no favorable treatment for cap gains or dividends Further there is...

Great point.

No at $60 k you do not get full premium assistance Yes as you know you do get some premium assistance. Full premium assistance enables you to only pay $775 a year and occurs with magi Of about $22000 a year. Below that you get Medicaid in states that expanded that program.

In nevada the state exchange does not offer an hsa qualified plan unfortunately. So using an hsa to reduce magi is state dependent

The answer to the last question is no. Kaiser has a premium subsidy calculator you can use to see the effect of changing your agi Be careful, if you are at 400% fpl 1 dollar more will mean no premium subsidy all Hope this helps

Excellent info thank you. I am finally starting to understand this. Perhaps some clear thinking person can help me think about the following decision I have arranged my taxable investments of 1 million so that I am just at 200% of fpl If I am under 200% I get actuarial value of 87% on the...

FYI I called the nevada state insurance exchange and they told me the state will offer no hsa qualified plans over their exchange. They said hsa plans must be pop and the nevada plans are HMO.

Hsa contributions do not require earned income.Or stated another way hsa contributions can be made with only passive income unlike an ira. An hsa contribution does reduce magi used for aca calculation per link below http://laborcenter.berkeley.edu/healthcare/MAGI_summary13.pdf

I think the out of pocket roll back does not apply to plans sold on the exchange.

Shotguner, the use of hsa plan on the insurance exchange is very clever. More info please ? I found the link at the bottom of this post that indicates in Vermont a silver and bronze level plan both qualify for hsa. I am in nevada which has its own exchange so I suppose there may or may not be a...