2024 ACA Affordability Threshold Decreased to 8.39%
The IRS just announced a significantly lower ACA affordability percentage for 2024 (8.39%) than for 2023 (9.12%). Applying the 2023 federal poverty guidelines, this means that the maximum monthly premium which will satisfy the ACA federal poverty level safe harbor in 2024 is $101.93 (down from $103.28 in 2023). Depending on the circumstances, premiums that […]