Ask Bob: Marketplace Health Subsidies

Robert Powell

Question: We took too much income from our retirement accounts and Social Security and are now over the 400% of the poverty level. We are both retired with no earned income. My wife was insured with insurance from the government-sponsored marketplace. I am on Medicare. Can she open a new HSA and fund it to reduce our income and avoid paying back the government's subsidy?

Would her insurance qualify as a high-deductible insurance plan? Her subsidy was over $1,100 per month.

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