How to Get A $25,262 Healthcare Tax Credit Even If You Are Affluent

Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

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For many retirees, healthcare costs before Medicare can be one of the biggest financial shocks — often exceeding $25,000 a year. But with the right planning, that same $25,000 can turn into a tax credit instead of an expense.

In this episode, Tyler Emrick, CFA®, CFP® dives into how the Affordable Care Act’s (ACA) Premium Tax Credits work, what is and what isn't expiring after 2025, and how affluent retirees can still qualify through smart income control. From understanding Modified Adjusted Gross Income (MAGI) to leveraging Roth accounts and taxable savings, you’ll see how advanced tax planning can make a big difference in bridging the healthcare gap to Medicare.

Listen to learn:

• How the ACA subsidy formula really works
• The “$1 cliff” that can cost you $17,000 or more
• Which income sources to use — and avoid — in early retirement
• How to coordinate investment, tax, and income strategies to seek maximum benefits

Have questions?

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