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    ACA benefits question

    So, I'm rethinking where to pull my IRA funds from to get to the level needed for the ACA subsidies, but I have a question: Let's say I need to convert $20,000 from my traditional IRA to my Roth IRA. How is that amount taxed? Straight income or do I have to pay an additional tax on that amount...
  2. G

    ACA benefits question

    Yes, we do have IRA accounts that we could withdraw from to meet the minimum requirement. In fact, that's what we have decided to do. We like our current ACA plan and will pay a minimal amount each month next year in premiums. The Oregon Health Plan is basically free, but we are concerned about...
  3. G

    ACA benefits question

    My wife and I are retired (I'm 62 and she is 59). We sold our business last year and for the past four years or so, we have received health insurance through the ACA. We plan to live off our savings until I turn 66 and take social security. Our estimated stated income for tax purposes will be...
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