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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: maverick61 who wrote (28177)11/7/2017 9:40:33 AM
From: sm1th1 Recommendation

Recommended By
maverick61

  Respond to of 34328
 
but I could in theory earn $32K and tax defer $18K of it in a 401k and still qualify for the free care
Actually you could earn more, you are forgetting the 25%. If you made 40K, put 18 + 10 in 401, only have 12k taxable income. Also don't forget about the deductions you could take as self employed. Home office, use of your car for business. There is probably a few thou more there if you are willing to push it.



To: maverick61 who wrote (28177)11/7/2017 10:56:44 AM
From: Steve Felix  Respond to of 34328
 
OT - That is one reason the whole thing screams means test to me, although I won't pretend to know what the details should be.

The wife I just helped navigate the exchange expects a small inheritance next year from her father that just passed. Regardless of size, it has no effect.