So to best maximize my subsidy-to-income ratio, can you refuse simple bank interest, or even refund/pay some or all of it back so as to stay below the ACA subsidy income threshold? I am currently taking a lot of funds from a Marcus savings account (paying 2.25%), and placing them in a near zero interest local account to achieve this goal, but it is a rather blunt tool, when other not set in stone variable are accounted for.
I'd be real nice to see you were/are getting real close to crossing a certain no ACA subsity for you threshold, refuse/refund say $1000/whatever to keep you in the subsidy zone, and know you got as close as possible w/o going over... Go over the max ACA income limits by $.01, means I go from owing at most $1275, to $4500! Hate missing out on sweet interest, but get too cute, and you pay VERY dearly.
I know I can simply transfer the $$$ back into the Marcus account near the end of the year if it seems I will not go over income thresholds; just the same I'd be interested in learning if I can achieve my initial question, and get really, really close with a high level of confidence. I know to most non MMM type folks, wanting to refund/refuse great interest/placing $$$ into basically zero interest savings accounts to save money seems crazy... Guess they never dealt with the ACA, or its subsidy limits in ER. Thanks.