Maximize Your Benefits While Protecting ACA Subsidies
The only calculator that shows the hidden cost of claiming early on health insurance
📋 Personal Information
Your date of birth (determines Full Retirement Age)
Your current age
For longevity estimates
💰 Social Security Benefit
Tip: You can find your estimated benefit on your Social Security Statement at SSA.gov
Your estimated monthly benefit at FRA (usually age 67)
Age you plan to claim (62-70). Move slider to compare scenarios.
Estimated lifespan for calculation purposes
PREMIUM FEATURE
🏥 ACA Subsidy Impact Analysis
Discover the hidden cost of claiming Social Security on your health insurance
Could save you $10,000-$30,000+ before Medicare at 65
🏥 ACA Subsidy Impact (Ages 62-65)
⚡ Killer Feature: Social Security income counts toward MAGI, which can push you over the 400% FPL cliff and eliminate ALL health insurance subsidies before Medicare eligibility.
Number of people in household
Your state of residence
Annual Income (excluding Social Security)
PREMIUM FEATURE
📊 Tax Optimization
Optimize Roth conversions and avoid the Social Security tax torpedo
Strategic tax planning can save $20,000+ in lifetime taxes
📊 Tax Optimization & Roth Conversions
Tax Torpedo Alert: When Social Security income causes more of your benefits to be taxed, your effective marginal rate can exceed 40%!
Pre-tax retirement account balance
Tax-free retirement account balance
Fill this bracket with Roth conversions before claiming SS
Your Optimization Results
📊 Claiming Age Comparison
📈 Lifetime Benefits by Claiming Age
🏥 MAGI Timeline & Subsidy Cliff Analysis
💰 Tax Bracket Timeline
💡 Personalized Recommendations
⚠️ Important Disclaimer: This calculator provides educational estimates only and is not financial advice.
Social Security rules are complex and subject to change. Your actual benefits may differ based on your earnings history,
COLAs, and other factors. For personalized advice, consult with a licensed financial advisor and verify all
calculations with the official Social Security Administration at SSA.gov.
This tool is not affiliated with the Social Security Administration or any government agency.
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