Daily Archives: June 4, 2014

Lowering Income Could Increase Your Subsidies

Your adjusted gross income affects how much of a subsidy you will receive. Your total income minus any allowable additions or deductions equals your adjusted gross income. This number affects how much of a premium tax credit (subsidy) you will receive. If you purchase your own high-deductible health insurance plan (minimum $1250 deductible for individual or $2500 […]