2retireearly
Recycles dryer sheets
I live in VA, and in 50's...and just retired.
So not Medicare eligible.
I worked for a big company, that will furnish me Retiree Medical Benefits, at a cost = 2*what an employee pays....the rub is it is based on my last,big salary.
1) Whereas in 2014 I will have $0 salary. I am living off savings now, and will do a small, $20000 pull from 401K in 2014. So 2014 income = only $20000, making me look like a poverty case.
2) I haven't seen the cost of my company's offering to me...so I can't compare to VA's Affordable Care plans, yet...
But, am wondering,for all the others in the same boat...what have you seen? Is it a given the Affordable Care act based on tiny salary of $20000 would HAVE to be less than my big company's offering based on big (but no longer real) salary?
3) If I take the Virginia ACA, would I get a subsidy,even though i do have an employer's plan, though, I am not really employed,so not really an 'employer'
Thanks to anyone who responds
So not Medicare eligible.
I worked for a big company, that will furnish me Retiree Medical Benefits, at a cost = 2*what an employee pays....the rub is it is based on my last,big salary.
1) Whereas in 2014 I will have $0 salary. I am living off savings now, and will do a small, $20000 pull from 401K in 2014. So 2014 income = only $20000, making me look like a poverty case.
2) I haven't seen the cost of my company's offering to me...so I can't compare to VA's Affordable Care plans, yet...
But, am wondering,for all the others in the same boat...what have you seen? Is it a given the Affordable Care act based on tiny salary of $20000 would HAVE to be less than my big company's offering based on big (but no longer real) salary?
3) If I take the Virginia ACA, would I get a subsidy,even though i do have an employer's plan, though, I am not really employed,so not really an 'employer'
Thanks to anyone who responds