Sep 22 • General discussion
📖 Resource Drop: ACA Marketplace Tax Credit Eligibility Calculator
Healthcare planning isn’t just a retiree problem — it impacts self-employed clients, families in transition, and anyone without access to employer coverage.
A key factor is the ACA Premium Tax Credit (APTC), which can reduce monthly premiums by hundreds or even thousands of dollars.
To simplify this, we have developed a Tax Credit Eligibility Calculator designed for CFP® professionals.
🔹 What it does:
- Estimates premium tax credits based on household size, age, and income (MAGI).
- Shows where a household falls relative to the Federal Poverty Level (FPL).
- Helps you model how tax planning choices — Roth conversions, Social Security timing, capital gains harvesting — can affect healthcare affordability.
🔹 Why this matters NOW:
- Current expanded subsidies (from ARPA/IRA) are set to expire at the end of 2025.
- Many households will face steeper premiums in 2026.
- CFPs should plan now with clients, so there are no surprises during open enrollment (Nov 1st - Jan 15th).
🟢 If clients do not receive a tax credit, and they don't have a pre-existing condition, and they are in one of these states(AL, AZ, AR, CO, FL, GA, IL, IA, IN, KS, KY, LA, MD, MI, MO, MS, NE, NC, NV, OH, OK, SC, SD, TN, TX, VA, WI, WY, WV) there are private options available that offer better coverage for less money.
👉 ACA Marketplace Tax Credit Calculator: https://credit-quest-matt1114.replit.app/
3
0 comments
📖 Resource Drop: ACA Marketplace Tax Credit Eligibility Calculator
