It appears that the income that Obamacare plans work with can be reduced by adding to a traditional IRA.
For example I found that my total healthcare subsidy for the year for my family would be $2,792. If my wife and I max out our IRAs($11,000) this lowers counted yearly income from $49500 to $38500 and increases the healthcare subsidy to $4452 for the year.
This equals a savings of $1660 over the course of a year on healthcare premiums. Thought of another way this equals an instant 15% return on the $11,000 I put into our IRA's
Is there something I am missing here? If it works how it seems this is even more of an incentive for people to put money into a traditional IRA.
