ACA Premium if Income Doubles

[mitchjav]

Maybe this has been answered already in another thread (if so, please
direct me). If my income doubles (because I am inflating my income for
ROTH conversions) is there a way (a formula? a calculator?) to figure out the impact on my monthly ACA premium. My premium went down thanks to the Rescue Plan that was passed earlier this year, but seems like the plan gives me room to do ROTH conversions and get my premium back up to the level I was paying

Someone already directed me to this tool...

https://www.taxpayeradvocate.irs.gov/estimator/premiumtaxcreditchange/estimator.htm

but not sure it's updated for the Rescue plan.

 

[SecondCor521]

You can use this:

https://www.kff.org/interactive/subsidy-calculator/

I'm pretty sure the above link calculates your subsidy; you'd have to know the unsubsidized premium for your plan to be able to figure out your subsidized premium. (You'd just take your unsubsidized premium and subtract the premium given at the above link to get your subsidized premium.)

It's possible that your state's marketplace website has been updated for the new premiums. If so, you could go there and probably get your subsidized premium for your specific plan. (My state hasn't done so and doesn't appear likely to do so.)

 

[flintnational]

^You can use the Kaiser Family Foundation Calculator.

 

[mitchjav]

Thanks Very Much - this was just what I needed...