I thought this chart was excellent compared to the many I have seen in the last few weeks of pouring over education materials to become licensed.
Click on the chart for magnify view.
I attended a Covered California information class at Alpert Community Center in Long Beach on Tuesday, October 15, co-sponsored by Bonnie Lowenthal. It was very informative and they had some excellent handouts on where to find assistance in our local community.
This chart is nice is because you can see how the tax subsidies and income are related.
One of the things that I am finding some of my friends researching and finding out more about, are tax shelters so they can qualify for the subsidies or estate planning lawyers who can modify asset ratios and things like that.
I am just your humble Certified Insurance Agent and I would be glad to talk with you about my resources. Please go to the contact page to contact me for any reason at all.
To your success,
MAGI, Modified Adjusted Gross Income, is also noted as Adjusted Gross Income from Line 4 on Form 1040EZ, Line 21 on Form 1040A, and Line 37 on Form 1040