EPISODE · Jun 8, 2020 · 22 MIN
Taxes, COBRA, Unemployment, Government Assistance & Health Insurance/Medicare
from Jae'$ Corner Podcast · host Jae Oh, CFP, Author
In this Episode: I received $ from the government, is Medicaid, CHIP, health insurance subsidy (APTC) affected? I receive unemployment benefits, is Medicaid, CHIP, health insurance APTC affected? Should I accept COBRA? Should I keep or cancel COBRA and enroll in Medicare? Very complicated, the main point is that you cannot simply rely on a "rule of thumb," because when the Advance Premium Tax Credit (which lowers your health insurance premium) is involved, that means taxes, which involves the IRS. So now you know for sure it'll be complicated.
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Taxes, COBRA, Unemployment, Government Assistance & Health Insurance/Medicare
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