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Personal Finance (Not Investing) • [want to invest] $525,000 [but don't want current taxable income]

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He's not taking a subsidy away from anyone else. It doesn't work that way. Anyone who's eligible based on income can qualify.

There are subsidies for all sorts of things like buying an electric car (and there have been posts here about how to qualify for that), farm subsidies (regardless of whether they're needed) and so on.
Tell yourselves whatever you like. Fact is, the government ( the people) is not a bottomless pit of tax dollars. If the $ runs low, folks that NEED the subsidy may then lose it. As I say, tell yourselves whatever you need to.
There is no specific fund for ACA subsidies… it’s not like social security. It won’t run out. I could easily see laws changing to weed out wealthy people who may not actually need the subsidy, but that’s not the current situation and we can only discuss the current situation.

My issue with the OP’s premise is that somehow it will be cheaper to do what they’re saying and get more subsidies rather than invest in a way that earns more than the cost of the insurance with no subsidy. OP has a lot of money. Interest alone could pay insurance, so what is the point of doing all the workarounds?

Statistics: Posted by gtrplayer — Sun Nov 17, 2024 3:22 am — Replies 119 — Views 7303



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