August 3, 2017
We’ve been nominated for a 2017 Copper Cactus Award !
Nominated for – Best Place to Work
Archive for Items Categorized 'Uncategorized'
November 1, 2016
Is Social Security considered income when enrolling in a plan through the Healthcare.gov?
Yes. Social Security income is included in the calculation to determine your subsidy eligibility.
To get your Modified Adjust Gross Income (MAGI, which is often referred to as “household income”), you start with your Adjusted Gross Income (AGI) from your tax return. Then there are three things that must be added to your AGI if any of them apply to you:
1) Non-taxable Social Security income.
2) Foreign-earned income (and housing expenses if you live abroad).
3) Tax-exempt interest income. (more…)
