Thread: Money 2024 Tax Season Thread
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Old 03-26-2025, 09:49 PM   #117
2bikemike 2bikemike is offline
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Join Date: Sep 2002
Location: NWA
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Quote:
Originally Posted by Rain Man View Post
We lost our company insurance over the past couple of years as we retired, and that's the pricing we got on the health exchange. It's a pretty good plan, but yeah, it's expensive. And we still spent $8K out of pocket, though about 3/4 of that was hearing aids and glasses that aren't covered.

It'll go down a bit this year since my wife is going on Medicare. She's still working through the application, but I think it'll drop from $2,000 a month to about $1,300 a month. That'll be a big difference. I won't get Medicare for another few years.
My wife has medicare now and I will go on it next year. Her part B premium skyrocketed this year to just over $400 because we sold an apartment bldg in 2023. The capital gains triggered it so it will drop back next year.

To add insult to that injury the capital gains triggered the 3.8% surtax on rental income, capital gains, dividends and interest income. All for the affordable care act.
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