AGI vs. MAGI: The Income Number That Actually Decides Your Roth IRA and ACA Subsidy Eligibility
Your gross income, your adjusted gross income (AGI), and your modified adjusted gross income (MAGI) are three different numbers — and mixing them up is one of the most common ways people miscalculate their own eligibility for a Roth IRA, an IRA deduction, or an ACA health insurance subsidy. Gross…
Read More