Aca Affordability Percentage For 2024. Aca affordability for 2024 will be based on 8.39% of their chosen safe harbor. This new affordability percentage is 0.83%.
Effective for plan years beginning on or after january 1, 2024, the percentage to be used in affordability calculations is 8.39%. This new affordability percentage is 0.83%.
The Percentage That Should Be Used For 2024 Plan Years Is 8.39% (Which Is Down From 9.12% In 2023).
The federal poverty level safe harbor, the rate of pay safe.
2023 Was 9.12% 2022 Was 9.61% The Three Safe Harbors Are:
The affordability percentage for 2024 is set at 8.39%.
Aca Affordability Percentage For 2024 Images References :
Effective For Plan Years Beginning On Or After January 1, 2024, The Percentage To Be Used In Affordability Calculations Is 8.39%.
However, it’s vital to note that starting on january 1, 2024, employers will be subject to the new aca affordability percentage threshold of 8.39%.
What Is The 2024 Aca Affordability Rate?
As a reminder, applicable large employers (ales) subject to the aca.
