NARFA is well aware of the confusion regarding the different aspects of Health Care Reform impacting individuals. The below infographic provides a high-level and informative diagram of the requirements of individuals to purchase coverage under the Affordable Care Act (ACA). Its important to note the sections about penalties and the key facts regarding premiums varying by age.
Author
NARFA
Recent Posts
IRS Update: IRS Announces Two-Year Delay of SECURE 2.0 Act’s Roth Catch-Up Requirement
The IRS has announced a two-year delay of the SECURE 2.0 Act's Roth catch-up requirement, which was set to take effect on January 1, 2024. [...]
Legislative News: Connecticut Has Made Significant Changes to its Pass-Through Entity Tax (PET).
Connecticut has made significant changes to its pass-through entity tax (PET) in recent years. The most recent changes took effect in 2022. The original PET [...]
Direct and Indirect Costs of Workplace Injury
Workplace Injury Costs When workplace injuries occur, it’s easy to see the immediate and direct costs, but there are a multitude of ongoing and indirect [...]