cali-freedom
Confused about dryer sheets
This is my first post and glad there is such a forum to get responses from like-minded folks.
I'm 54 years of age and with the guidance of a financial advisor I'm ready to pull the trigger to early retirement over the next year or so. My question is related to Covered CA subsidies I can receive if I terminate employment mid-year. I know that during the application process you provide your estimated income in order to view health plan options. My current income will not allow me to qualify for credits. If I apply mid-year can I enter my post-termination estimated income? Once my income taxes info are assessed at end of year, will the state only consider my income from the time I left my employer?
Any guidance would be greatly appreciated as well as resource links on this topic. If needed, I will also reach out to a certified insurance agent.
Thank you!
I'm 54 years of age and with the guidance of a financial advisor I'm ready to pull the trigger to early retirement over the next year or so. My question is related to Covered CA subsidies I can receive if I terminate employment mid-year. I know that during the application process you provide your estimated income in order to view health plan options. My current income will not allow me to qualify for credits. If I apply mid-year can I enter my post-termination estimated income? Once my income taxes info are assessed at end of year, will the state only consider my income from the time I left my employer?
Any guidance would be greatly appreciated as well as resource links on this topic. If needed, I will also reach out to a certified insurance agent.
Thank you!