The Supreme Court ruled today that Tax Credits are legal in all 50 states. Since Washington state has our own Exchange, the tax credits were not in jeopardy here, however it is good to know that they are not in immediate danger elsewhere. Here is a link to the Supreme Court's decision on King v. Burwell. Here is a link to President Obama's comments on the decision.
Before I say anything else, let's get one thing out of the way: I am not a tax advisor; in fact, I don't even do my own taxes. I will be explaining some general information on how the tax credits work and what the Washington Healthplanfinder does with them. Please note that this is for Washington State, and we do not use Healthcare.gov, so your mileage may vary. What is a Premium Tax Credit? An amount of money available to low and middle income people to help pay for their
I am an independent insurance agent. If those three words mean little to you, you are not alone. At parties and PTA functions, people's eye's tend to glaze over when they hear what I do. Even folks who seek me out aren't sure what I do. A few months ago I helped a new client figure out how to enroll on the Washington State Healthplanfinder, find an appropriate health insurance plan, and qualify for a tax credit. One of her comments was ‘I am so glad I found you; I didn’t
Welcome to the new website of Hagen Insurance Partners. We are an independent insurance agency based in Seattle and serving the state of Washington. Insurance can be confusing and we are here to help. We can partner with you in the following areas: Health Insurance Medicare Insurance Life Insurance Disability Insurance Small Group Insurance and Benefits Dental Insurance Vision Insurance While insurance is probably not at the top of your list of favorite things to think abou