Income limits of Marketplace Health Insurance

I am 62 years old and  have a Marketplace health insurance plan and intend to again in 2025.  I would like to verify that the Adjusted Gross Income limits (line 11? on 1040) is what is measured for Marketplace benefits. Maximum income quoted was $43,500 in 2024.  My wife receives SSI benefits of $22,000 and 2023 returns show an AGI of $7197.  I believe I can up this number closer to $43K, without repaying benefits, if I do one or more of the following:

 

Can I sell a real estate lot with a net profit of $35,000 in 2024?

Can I move investments from a traditional IRA to a ROTH in 2025?  And how much?

When would be the best time to start taking Social Security benefits of around $23,000 annually?

 

I hope you can help and look forward to hearing back from you.

 

Best regards,


Richard Lamprey

[phone number removed]

[email address removed]