Quote:
Originally Posted by OrangeBlossomBaby
So you have a few months to decide. If by leaving now, you are guaranteed subsidized medical coverage for you and spouse all the way up to your Medicare years, I'd go for it. That's pretty substantial. Depending on your income (which includes pension and severance), you might be eligible for ACA subsidies. But the more you earn (including pension and severance), the lower the subsidy.
We only paid $48/month for our health insurance last year. This year, we have to pay $130/month because this year hubby's social security is kicking in for the first time. If we earned too much to qualify, our plan would cost us $1897/month.
So consider the value of that health insurance as a significant factor in your decision to stay or leave, when you choose to do so.
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This is the same scenario I am using. I'm still working remotely from TV, but am adjusting my income into 2022 so that I can use the ACA subsidies. Of course, there was a promise of Medicare for everyone; Medicare at 60; all sorts of different way to provide those at an older age to be covered prior to 65. Whether it actually happens is another thing. I'll keep my opinions to myself.