Early Retirement Roadmap22 Sep 2025

ACA MAGI: How to Calculate & Manage It for Big Savings!

ACA MAGI explained: how to calculate and manage Modified Adjusted Gross Income (MAGI) for Affordable Care Act (ACA) subsidies—step-by-step, with a free MAGI calculator to lower premiums and maximize premium tax credits/subsidies.

In this episode, we calculate ACA MAGI step-by-step using a real early-retiree scenario and show you how to keep ACA premiums low by hitting your MAGI “sweet spot.”

You’ll learn: • What counts in MAGI vs. what doesn’t. • How to add back non-taxable Social Security benefits, tax-exempt interest, and excluded foreign income. • How Roth conversions, IRA withdrawals, dividends, interest, and capital gains flow into AGI and then ACA MAGI. • Form 8962 (reconciling with 1095-A) essentials. • How to plan for the 2026 subsidy cliff as the 400% FPL cap returns.

🔗 Free MAGI Calculator Template (Microsoft Excel download). Use it to estimate your MAGI for ACA plans.

👉To get the free download, go to my Patreon, click Join for Free, then click on the Tools collection, and you can download from there. Here is the link to my Patreon: https://www.patreon.com/cw/earlyretirementroadmap

📊 Resources mentioned in this episode:

More information on Traditional IRA contribution limits and the ability to deduct them: Traditional IRA Contribution Limits for 2025 - NerdWallet
IRS Publication 501: 2024 Publication 501
2025 FPL Levels based on household size: detailed-guidelines-2025.pdf
Click here for the ACA Cost Estimator

🎧 Podcast episodes mentioned:

This podcast episode where I talk about about using the ACA cost estimator and saw amazing results, including cost sharing reductions by controlling MAGI, titled: How Early Retirees Can Pay WAY Less for Health Insurance!

This podcast episode on how a taxable brokerage account can be a superhero in reducing MAGI for ACA, titled: The $12,900 Health Insurance Loophole for Early Retirees!

This podcast episode that goes into detail about the enhanced ACA subsidies likely expiring at the end of 2025, and the 400%FPL cliff returning in 2026, titled: Will ACA Subsidies Disappear After 2025? What You NEED to Know!

❤️ Depending on the platform you're listening on, please Like, Subscribe, Follow & Share, and leave a positive review if you found this episode helpful!

💼 My Favorite Retirement Planning Tool! If you’re serious about planning for retirement, you’ve got to check out Boldin. It’s a powerful tool that helps you map out your financial future—whether you’re a DIY planner or just want to stress-test your retirement strategy.

👉 Try Boldin here: https://go.boldin.com/earlyretirementroadmap

Disclosure: This is an affiliate link, which means I earn a small commission if you decide to go on the paid plan after a free 2-week trial, or you can remain on the free plan, but I highly recommend the paid plan to use all its robust features! I personally use it for my retirement planning and love it! This link doesn’t cost you anything extra and helps to support the content I create. Thank you!

📺 When you're not on the go, check out my Early Retirement Roadmap YouTube Channel: https://youtube.com/@EarlyRetirementRoadmap?sub_confirmation=1

🌐 Visit my website for all my media, including my blog or to contact me about sponsorship or other business opportunities: https://mikeupland.com/

☕ Support: [Buy me a coffee](https://buymeacoffee.com/mikeupland.com)

DISCLAIMER: This podcast is for educational purposes only and reflects my personal experience and research. It is not financial, tax, legal, or investment advice. Always consult with qualified professionals before making major retirement or financial decisions. I am not responsible for any loss or damages resulting from reliance on this information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(80)

Gen X Followed the Rules. Then the Rules Changed.

Gen X was told to work hard, be loyal, save for retirement, and follow the rules. But somewhere along the way, the rules changed. In this interview, I talk with author Mark Ross about work, retirement...

5 Okt 26min

Retiring in the Next 5 Years? Get These 5 Things Right

The final five years before retirement can make or break your plan. After retiring at 55, I’m sharing five essential retirement planning steps to help you prepare for early retirement. Many people spe...

28 Sep 24min

I Retired at 55—Why It Felt Wrong

I retired at 55, but early retirement still felt wrong. In this episode, I explore why retiring before 65 can bring guilt, social pressure, and the uneasy feeling that you haven’t worked long enough. ...

21 Sep 12min

I Paid Off My Mortgage—Then I Learned About This Scam

Paid off your mortgage? Deed fraud, deed theft, and home-title fraud can still create a costly mess. I explain how this property deed scam works—and the free alert that can help you catch it early. Af...

14 Sep 16min

I Quit the Rat Race at 55 — Here’s What I Got Back

I quit the rat race at 55 and retired early. Nearly two years later, I’ve learned that life after work gives you back things you may not even realize your career has been taking from you. After decade...

7 Sep 15min

Why Gen X is So Burned Out at Work

Why is Gen X so burned out at work? After decades of corporate America, constant connectivity, doing more with less, and watching work consume more and more of our lives, many Gen Xers are starting to...

31 Aug 20min

Why Gen X is Quietly Done With Work

Why is Gen X quietly done with work? As an early retiree, I break down 7 reasons Gen X is rethinking careers, early retirement, financial independence, and the value of time. I retired at 55, and bein...

24 Aug 17min

I'm 57 Now. Here's What I'd Tell My 40-Year-Old Self.

After retiring at 55, I discovered that early retirement is about more than money. Here are the retirement lessons I wish I knew at 40 about time, health, work, freedom, and family. When I was 40, I t...

17 Aug 23min