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Covered California Q&A

Covered California and Obamacare related questions from consumers, employers and agents are answered by Phil Daigle with the best information available at the time. Archived entries may no longer be accurate as the Covered California and Obamacare knowledge-base is evolving quickly. TO REQUEST A PERSONAL RESPONSE INCLUDE EMAIL ADDRESS.


Do IRAs or Savings Accounts Affect Subsidy Eligibility?

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Question: How much can you have in IRA's or savings accounts to be eligible for Covered CA tax credit?

Answer: Your assets, whether savings, retirement accounts, or real estate do not affect your eligibility for premium assistance. Covered California considers only your adjusted gross income (AGI).

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