Pulling a little money out of IRA to qualify for ACA subsidy... ethical?

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  • hoosierdoc

    Freed prisoner
    Rating - 100%
    8   0   0
    Apr 27, 2011
    25,987
    149
    Galt's Gulch
    There is no hit. Either you pay $23k of your own money or you pay $6000 or whatever in taxes and GET $23k for free. Then your $23k you saved can be put back in the IRA since you have “income” from pulling it out

    and I hate the argument that his taking my money might mean he earns less on his money in the future so it’s ok.
     
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