NJSEA Zoom Meeting on the
AFFORDABLE CARE ACT (ACA)

 

Part of the Lunch & Learn Series
 
The Tuesday, November 15th session, at Noon, will provide a discussion of:
ENHANCED ACA:  More Than Just A Tax Form

Do you have any clients like the one listed below?  Do you want to be able to show them how to reduce their HI costs substantially?
EXAMPLE: 
A MFJ couple, both age 63, whose MAGI is about $100,000.
A silver plan, purchased directly from the Health Insurer Provider, has a price tag of $23,720 per year. That same plan, purchased through Enhanced ACA, yields a subsidy of $15,200.  Even with a MAGI of $200,000, the MFJ couple, both 63, are eligible for a subsidy of $6,720.

Do you want to know more? 
If YES, sign up for the 1 hour Web Meeting on Enhanced ACA.

Instructor:  Coleen Drucker, EA
12 PM - 1 PM

For the Series: Registration is limited to 20 members per meeting
so participants can be engaged and be seen and heard.

The cost is only $10.00 (1 hour and one IRS CE Credit).
 
Zoom Meeting - All participants on camera with audio

Interested in Being a Presenter or Do You Have a Topic Idea
If you are interested in being a speaker or have a topic that you would like to share in this venue,please reach out to Ryan Mitchell at rmitchell@hobokentax.com.
CLICK HERE TO REGISTER

Where

This is an online event.


 
 

When

Tuesday, November 15, 2022 from 12:00 PM to 1:00 PM EST
Add to Calendar 
ENHANCED ACA:  More Than Just a Tax Form
 
Description: 

Changes to the Affordable Care Act, provided by the American Rescue Act, have been extended through the coverage year 2025 by the Inflation Reduction Act.  The enhancement increases the savings available and makes those savings available to higher-income clients. The ACA “cliff” has been eliminated.

Learning Objectives: 

1)    The subsidy, that is the Premium Tax credit, computation

2)    The income ranges/ age ranges that are now eligible

3)    What to do at tax time if projected income was inaccurate

4)    Understand what criteria are relevant to help decide if ACA should be considered a Health Insurance option and should you discuss that with your clients.

Instructor:  Coleen Drucker, EA

Coleen Drucker has been an Enrolled Agent since 2016 and became a member of the NJSEA Board of Directors in 2021.  Coleen has been the lead trainer for Morris County VITA for several years after joining VITA in 2012. 

Coleen received a B.E. in Mechanical Engineering in 1978, a Masters in Engineering Sciences in 1980, and an MBA in 1990.  She is an aspiring financial planner focused on the intersection of health insurance decisions, financial planning, and tax planning, both for federal and NJ taxes.

1 IRS CE Credit

2021 IRS logo