Contributing to your IRA Might Help You Avoid Having to Repay Your Premium Subsidy
It's also important to understand that "income" means Modified Adjusted Gross Income (MAGI) and the calculation for that is specific to the ACA—it's
not the same as general MAGI calculations that are used for other tax
purposes. So if it's looking like your income is going to be higher than
you anticipated, know that a contribution to a traditional IRA (and/or an HSA if you have HSA-qualified health insurance) will reduce your MAGI and help you avoid having to pay back your premium subsidy.
