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I didn't think this would happen so fast
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amother
Snowdrop


 

Post Sun, Jan 30 2022, 8:37 am
Have you looked into possibly getting school tuition paid directly from employer to school? I don't know that forms or terms that uses, but I know my DH has a big chunk of his income go directly to school and yeshiva, and that leaves us in the eligible bracket BH. Completely legal. ask an accountant.
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amother
Pink


 

Post Sun, Jan 30 2022, 8:47 am
amother [ Lime ] wrote:
It won’t help because we would need the money to pay for healthcare, it wouldn’t be savings to go into retirement.
We can’t afford to get kicked off of Medicaid unless the raise is big enough for a $10k a year plan plus copays .


You misunderstood. If you put the money in 401k it is tax free. Meaning it will not increase your income level and you will be saving for the future. Once you are making about 20000 more or wtvr you feel is worth it you stop contributing so much and go off programs.
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amother
Brunette


 

Post Sun, Jan 30 2022, 8:53 am
amother [ Tan ] wrote:
Last I heard from the LRRC they will be terminating people who no longer qualify for NJFC at the end of 2021.

It sounds like a 401k or IRA would help you, OP.

Does your employer offer coverage?


This has been extended till march 15th and will prob be further extended. U do ur part , report the change and deal with it if and when ur kids ever get terminated from jersey care Smile
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BrachaVHatzlocha




 
 
    
 

Post Sun, Jan 30 2022, 9:32 am
amother [ OP ] wrote:
Thanks. The thing is its not "govt assistance" as in, we are on multiple different programs. We are not. It is just healthcare.


There should be a graduated system. It makes no sense to kicked off completely from one dollar to the next.


There is a graduated system with child health plus. So if you were paying Max premium, you were at top of the steps.
Check th marketplace. Not sure if you qualify for essential plan- I think that's for adults and similar $$ qualifications as child health plus. But it's worth a shot. On website for marketplace, enter all your info and you will see what works out..as far as I know, the marketplace is also a graduated system.
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amother
Begonia


 

Post Sun, Jan 30 2022, 9:33 am
amother [ Snowdrop ] wrote:
Have you looked into possibly getting school tuition paid directly from employer to school? I don't know that forms or terms that uses, but I know my DH has a big chunk of his income go directly to school and yeshiva, and that leaves us in the eligible bracket BH. Completely legal. ask an accountant.


It’s only legal if you work in education.
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amother
Hotpink


 

Post Sun, Jan 30 2022, 9:39 am
amother [ Begonia ] wrote:
It’s only legal if you work in education.


This isn't accurate - officially it's for any member of clergy. It's called parsonage. I don't know the exact parameters but most from schools & mosdos do qualify, not only if you work in education. And yes it's perfectly legal, it's a 'loophole' if you want to call it that that the government set up.
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#BestBubby




 
 
    
 

Post Sun, Jan 30 2022, 9:43 am
amother [ Snowdrop ] wrote:
Have you looked into possibly getting school tuition paid directly from employer to school? I don't know that forms or terms that uses, but I know my DH has a big chunk of his income go directly to school and yeshiva, and that leaves us in the eligible bracket BH. Completely legal. ask an accountant.


YES!!!

Also, maybe employer can pay your car lease if you use your car for any company work.
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amother
Carnation


 

Post Sun, Jan 30 2022, 9:44 am
amother [ Hotpink ] wrote:
This isn't accurate - officially it's for any member of clergy. It's called parsonage. I don't know the exact parameters but most from schools & mosdos do qualify, not only if you work in education. And yes it's perfectly legal, it's a 'loophole' if you want to call it that that the government set up.

No, parsonage is living expenses. Not tuition.
Tuition is only legal if you work in an educational institution.
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imasinger




 
 
    
 

Post Sun, Jan 30 2022, 9:48 am
Maybe ask your employer to raise you less, to just under the limit -- with a written commitment to give you more once DH goes to work?
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amother
Cappuccino


 

Post Sun, Jan 30 2022, 9:54 am
amother [ OP ] wrote:
fine so not communism, not socialism. call it whatever you want.

There is smoething wrong with a system where people are de-incentiveized to make more money!! Where a raise means losing money!!!

You are right!
There should not be any safety nets for anyone at all.
Pay yourself or don’t have insurance, for everyone. Pay or don’t get services.

Does that suit you better?

Maybe able bodied men should be working for a living and not depending on other people’s taxes to support them?

Either appreciate what you had in the past, even if you are frustrated that you no long qualify or don’t believe in the free handouts at all.

I don’t care what you think, as I B”H I don’t get handouts, but have many patients who do and appreciate that they are able to have there needs met. What disgusts me is your hypocrisy.
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amother
Hotpink


 

Post Sun, Jan 30 2022, 10:01 am
amother [ Carnation ] wrote:
No, parsonage is living expenses. Not tuition.
Tuition is only legal if you work in an educational institution.


My apologies, you are correct!
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amother
Daisy


 

Post Sun, Jan 30 2022, 11:32 am
#BestBubby wrote:
YES!!!

Also, maybe employer can pay your car lease if you use your car for any company work.


Sorry, but car lease paid by employer is taxable income. Same with kids tuition expenses.

OP, please do not follow this advice. It can get you into trouble.
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amother
Firebrick


 

Post Sun, Jan 30 2022, 11:50 am
amother [ Hotpink ] wrote:
This isn't accurate - officially it's for any member of clergy. It's called parsonage. I don't know the exact parameters but most from schools & mosdos do qualify, not only if you work in education. And yes it's perfectly legal, it's a 'loophole' if you want to call it that that the government set up.

You're actually wrong. It's not parsonage, its tuition, and its perfectly legal. But only if you work in an educational institution.
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amother
Clear


 

Post Sun, Jan 30 2022, 12:19 pm
amother [ OP ] wrote:
fine so not communism, not socialism. call it whatever you want.

There is smoething wrong with a system where people are de-incentiveized to make more money!! Where a raise means losing money!!!

you mean making enough money to provide for your family, you lose government aid = aka charity. Its frustrating, when your'e at teh cusp, but at least understand what it is.. you're not losing your money. you're losing government HELP.
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amother
Grape


 

Post Sun, Jan 30 2022, 6:06 pm
Edit: didn’t realize this is an old thread. So I’m deleting my comments.
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amother
Tan


 

Post Sun, Jan 30 2022, 8:42 pm
amother [ Brunette ] wrote:
This has been extended till march 15th and will prob be further extended. U do ur part , report the change and deal with it if and when ur kids ever get terminated from jersey care Smile


Last I heard they aren’t terminating anyone at least until April 17 2022.

And this might help you understand how a 401k or whatever others suggested might help:

What is Not Considered Income for NJ FamilyCare?
As a general rule, anything not in your MAGI is not considered income. This category includes:
• Gifts from Family
• Parsonage
• Pre-Tax Deductions - Including Health Insurance Premiums, HSA, Child Care, Retirement Accounts
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amother
Chestnut


 

Post Sun, Jan 30 2022, 10:44 pm
#BestBubby wrote:
YES!!!

Also, maybe employer can pay your car lease if you use your car for any company work.


Unless the car is solely used for the business you should be worried about doing this. Ask an accountant but it isnt usually so legal...
Plus You and/or the company might get audited.

Business expenses are supposed to be for items only used for the business.
I am not an accountant but we were told my husband's home "office" wasnt tax deductible because the room is shared with other personal uses. Even though he only uses the desk for work (and not paying bills or household use). Plus even if we subdivided the room officially we should expect an audit. So the amount we save on taxes goes straight to our accountant/lawyer.

Its complicated and unless you are a tax accountant you shouldnt offer advice like this. Just because others do it doesnt make it legal.
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amother
Raspberry


 

Post Sun, Jan 30 2022, 11:38 pm
amother [ OP ] wrote:
My children on are Medicaid. I always knew that eventually they would be kicked off if we made more money, but my husband is in yeshiva and I always thought it would happen when he gets a job. So yes, it would be difficult that he would get a job and be paying about half of it in insurance, but at least would be in the green.


But now, I was just offered an additional responsibility at my job, with more compensation. The addtional compensation kicks me right above the income limit for my family size. By accepting this new part of my job, I would be losing about $15K a year.
darn our communist country. Punch Punch Twisted Evil Twisted Evil


The fact the US has a few small socialist policies (call it 'communism' if you must) is what allows your husband to stay in yeshiva.

Say thank you for all those years your communist country supported an adult who simply decided he didn't want to support himself. That would not happen in a purely capitalist country.
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amother
OP


 

Post Mon, Jan 31 2022, 9:20 am
amother [ Raspberry ] wrote:
The fact the US has a few small socialist policies (call it 'communism' if you must) is what allows your husband to stay in yeshiva.

Say thank you for all those years your communist country supported an adult who simply decided he didn't want to support himself. That would not happen in a purely capitalist country.


This is an old thread, and the issue is already resolved, so I did not bother replying.
But this got me angry. Please explain your accusations.
Explain please how the govenrment is allowing my uhsband to stay in yeshiva! Explain please what makes you believe this "communist country" is supporting him?? I'm listening.
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amother
Begonia


 

Post Mon, Jan 31 2022, 10:09 am
amother [ OP ] wrote:

Explain please how the govenrment is allowing my uhsband to stay in yeshiva!


I’m for one thrilled if the govt keeps ppl in yeshiva instead of supporting criminals.

But imagine if the USA never have anything towards healthcare your expenses would’ve been much higher and it might’ve made it harder for your dh to stay in kollel.
Govt healthcare is minimum 1200 savings per month. That was money you didn’t have to pay so perhaps your dh was able to learn longer snd didn’t have to go to work to earn that money.
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