1st time Connect for Health CO app – does a 1x only 2020 401k withdrawal count against income for 2021 and must it be included in plan assistance app as income when it won’t recur in 2021?

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Hey guys, what fun! First actual post on Reddit and it’s for adulty stuff. Wait. Not adulty, adultING.

Does a 1-time 401k withdrawal in 2020 count against next year’s CO Marketplace assistance determination? Am I required to include in Connect for Health CO App?

The Connect for Health CO site asks for withdrawals on retirement income for 2020. I totally withdrew, hard, for a long-stressed-over financial resolution of noneyerbusiness. 😉 Of course, I don’t want to think this 1-time thing would determine my eligibility for 2021’s financial breaks, as I foresee my part time no benefit status will stretch on.

With my COBRA related plan ending, and today being the 15th as of 30 mins ago, I like living on the ehhhhhhhdge. Thanks for joining for this excitement! Hate demonstrating I’m a dummy and I can’t figure out the nuance on this, or as usual I’m reading it through my personal wish bias. Salud!

submitted by /u/Perfect-Bag
[link] [comments]
Hey guys, what fun! First actual post on Reddit and it’s for adulty stuff. Wait. Not adulty, adultING. Does a 1-time 401k withdrawal in 2020 count against next year’s CO Marketplace assistance determination? Am I required to include in Connect for Health CO App? The Connect for Health CO site asks for withdrawals on retirement income for 2020. I totally withdrew, hard, for a long-stressed-over financial resolution of noneyerbusiness. 😉 Of course, I don’t want to think this 1-time thing would determine my eligibility for 2021’s financial breaks, as I foresee my part time no benefit status will stretch on. With my COBRA related plan ending, and today being the 15th as of 30 mins ago, I like living on the ehhhhhhhdge. Thanks for joining for this excitement! Hate demonstrating I’m a dummy and I can’t figure out the nuance on this, or as usual I’m reading it through my personal wish bias. Salud!
submitted by /u/Perfect-Bag [link] [comments]Read Morer/HealthInsurance

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