• Maximizing ACA Subsidies: Roth Withdrawals and MAGI Explained

  • Oct 31 2024
  • Length: 16 mins
  • Podcast

Maximizing ACA Subsidies: Roth Withdrawals and MAGI Explained

  • Summary

  • In this episode of Maximizing ACA Subsidies, Jake Carson and Lily Morgan answer a critical question about whether Roth withdrawals count toward the Modified Adjusted Gross Income (MAGI) threshold required for ACA health insurance subsidies. Our listener is curious about how a $20K Roth withdrawal and a $30K taxable withdrawal impact eligibility for ACA assistance and how to optimize income sources for affordable healthcare coverage. We break down what counts towards MAGI, strategies for managing taxable and non-taxable income to minimize healthcare costs, and tips on maintaining low MAGI until Medicare kicks in at 65. If you’re looking for ways to navigate ACA subsidies while planning for early retirement, tune in for insights on keeping healthcare affordable!

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