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twdvermont t1_j07q6q0 wrote

Reply to comment by Suspicious-Chance322 in VT Health Insurance question by Suspicious-Chance322

Without knowing exactly how much your income is over the threshold, your tax filing status, or how much you make, it's hard to say exactly what to do.

Here's an example though. Say you make $1K over the threshold. You contribute $1,001 to either your 401(K) or a traditional IRA and your income is now just under the threshold.

There are a ton of caveats to this like how much you make, your tax filing status, and what the contribution limits are. If you aren't a do it yourself numbers person, I would recommend talking to an accountant.

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