by Eriksen Insurance | Mar 5, 2013 | Health Insurance Cost
Insurance News Net reports: “Few people know the total cost of their health benefits or realize that family coverage can account for a fourth or more of their total compensation. For the first time, that cost is listed on their W-2 tax forms this year —...
by Eriksen Insurance | Mar 5, 2013 | Insurance Reform
How is modified adjusted gross income (MAGI) calculated? Generally, your modified adjusted gross income (MAGI) is the total of your adjusted gross income and tax-exempt interest income you may have. These are the amounts on lines 37 and 8b of IRS from 1040. Some...
by Eriksen Insurance | Feb 4, 2013 | Requirements
Zane Benefits reports: “Modified Adjusted Gross Income is a measure used by the IRS to determine if a taxpayer is eligible to use certain deductions, credits, or retirement plans. Beginning in 2014, individuals who purchase health insurance coverage through one...
by Eriksen Insurance | Jan 29, 2013 | Heath Care Costs
Insurance Journal reports: “If you like your 401(k) retirement savings account, you’re going to love what healthcare reform does to your employer-provided health care plan. In a post-Obamacare future, expect more employers to adopt defined contribution...
by Eriksen Insurance | Jan 29, 2013 | Heath Care Costs
Program Business.com reports: “Health insurance premiums have been rising-and consumers will experience another series of price shocks later this year when some see their premiums skyrocket thanks to the Affordable Care Act, aka ObamaCare. The reason: The...
