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Even though our incomes were close, it is going to reduce our taxes by more than half. Hey, if I stop working, we will be eligible for subsidized health insurance.


Dang it, I looked at some goverment documents describing PPACA. They will be using your MAGI (modified adjusted gross income) to determine what your income is. MAGI includes pension income and tax exempt interest (i.e.) from municipal bonds. Between my future pension (I know I'm being an optimist) and my income on my non-retirement portfolio, my MAGI will exceed 400% FPL. I guess I could look into holding off my pension start until I'm Medicare age (the pension would be larger if I wait) but I'd need to run the numbers.

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