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Non-Tech : Kirk's Market Thoughts

COHR 191.28

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Dec 24 12:59 PM EST

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Kirk ©

To: Elroy who wrote (11842)	8/26/2021 10:00:29 AM
From: DaYooper	1 Recommendation Read Replies (1) of 26838

I have a family, but don't qualify for ACA subsidies Realize it's based on AGI and unrelated to assets. I didn't qualify the first few years of early retirement as I was actively trading one stock to generate income. And since I "retired" from trading I still didn't qualify a couple years that some MLPs were acquired by their general partners and all the unrealized gains finally hit my AGI those years. But now with the trading done and all the MLPs gone I can manipulate my AGI under the limit of $47,000 for a single person. If you can keep your AGI under about $100,000 for a family of four the government will pay most of your health insurance premiums. I had always planned on early retirement and taking cheap catastrophic insurance until 65 but the law disallows companies from selling that option (except to 20 somethings I think). So instead just working within the framework they created. I had to pay the much higher premiums myself the first 6 years and now they are paying the last 6 years until reaching medicare. Probably works out as a wash for me.

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