DENVER – Planners need to prepare for another season of assisting clients affected by the Affordable Care Act.

Nov. 15 is set to be the beginning of open enrollment on the healthcare.gov exchange, and new rates will be available then.

Advisors should let clients know that insurance brokers are now compensated by the government for helping clients navigate the complexities, according to Carolyn McClanahan, a physician-turned-planner at Life Planning Partners in Jacksonville, Fla., in a presentation at the Schwab Impact conference. The move to pay brokers follows last year’s plagued rollout of the program.

Roughly 75% of the population will qualify for premium tax-credits of some kind if they buy their insurance through the open exchange, McClanahan said.

Managing income for early retirees before Medicare ages is critical; for example, muni bond income is included in income, but Roth distributions aren’t. Having just a little more income can cost a client thousands of dollars, making income planning critical, McClanahan said.

When filing taxes, if income was actually higher than stated when applying for insurance, the client will get an unpleasant surprise. But those making less could get a large credit.

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