fossil_fuel
Confused about dryer sheets
- Joined
- Aug 14, 2012
- Messages
- 8
Since they don't count as taxable income, do Roth IRA distributions count towards the 400% of Federal Poverty Level income restriction for the PPACA subsidy?
If they do not, wouldn't it then be logical to live solely on Roth IRA distributions for the first 5.5 years of retirement (in order to get the full subsidy) and not touch any 401(k) or regular IRA assets until age 65 when you qualify for Medicare (thus making the PPACA subsidy irrelevant)?
Assuming, of course that you do not already have healthcare covered through a previous employer.
If they do not, wouldn't it then be logical to live solely on Roth IRA distributions for the first 5.5 years of retirement (in order to get the full subsidy) and not touch any 401(k) or regular IRA assets until age 65 when you qualify for Medicare (thus making the PPACA subsidy irrelevant)?
Assuming, of course that you do not already have healthcare covered through a previous employer.