Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [premiums]

28 questions
8
votes
4 answers

Is the contribution towards Employment Insurance (EI) wasted if I never get fired, or are my premiums refunded?

Is the contribution towards Employment Insurance (EI) wasted if I never get fired? I ask this because most life insurances have a policy of a payout at certain intervals. Does anything like that happen for EI?
Victor123
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3 answers

Do futures have premium in the price, just as options do?

Looking at Wikipedia's the pricing of futures, I wonder if entering into a futures contract requires one to pay premium just as entering into an option contract? In other words, is the premium of a futures contract always zero? Is futures price…
Tim
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6
votes
1 answer

ACA Premium Tax Credit - Claiming for prior year

At the start of the year I did not think I would qualify for the subsidy, but as things have turned out my income was less than the maximum. The health plan I used was available both through the government website and directly from the insurer. Can…
user51204
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5
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2 answers

How can I find stocks with highly priced option premiums?

I'm trying to learn some basic arbitrage and I'm reading about tons of different strategies, but it looks as though option premiums are often less than $0.10.
Shamoon
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5
votes
1 answer

How is the obamacare tax credit calculated?

In the first 9 months of this year I had a relatively high income. However, I have no income since October. I used to have health insurance from my employer but now I am trying to get health insurance on the obamacare website (washington state) for…
Palo
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5
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6 answers

How can I find out what % of the health insurance premium my employer pays?

Let's say I pay $600/month (deducted from my paycheck) for the premiums in my PPO plan. Is there a public place to check how much of the premium my employer pay (without needing to ask them of course)?
Henley Wing Chiu
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4
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1 answer

Can an employer refuse to remove a spouse who recently acquired their own health insurance coverage?

My spouse recently took a new position with benefits. Where I have been providing benefits through my employer I contacted them and ask to remove my spouse. At first, they said not a qualifying event. However, after checking with my health…
AJonas
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3
votes
1 answer

Mortgage Company Holding insurance premium payment til repairs made

I am 70 years old and not in good health and do not know what to do to get my problem solved. My home was damaged by Hurricane Irma Damage estimate: $7500 My deductible was high: $13,200 So I will NOT be getting any money to make repairs. I am on…
Liam IN Florida
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2
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0 answers

Understanding Effect of Claim on Car Insurance Premium

I was in an accident where I was at fault (minor, no one hurt). The other driver has made a claim against my policy, so I am trying to figure out if it now makes sense for me to also make a claim for my own vehicle under my policy as well. The…
AA040371
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2
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1 answer

Should I Change my Return on Premium Life Insurance Policy

I currently have a Return on Premium (RoP) life insurance policy. I've already got $3,500 paid into the policy, and another 26yrs till the policy pays out. I'm currently paying $72/month. The reason for the question is I just got a quote from…
Jonathan Mee
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2
votes
1 answer

India - Claim missed LIC premium in declaration

I had to submit LIC premium paid receipts with my employer by December. One of the premium I could pay only on February and this was not considered for the last financial years' tax deduction calculation. Now I got to file returns and would like to…
itsraja
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2
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1 answer

Is the employee-paid premium on a health insurance plan that is shared with a non-dependent tax deductible?

My health insurance premium for just me is $0. If I add my domestic partner, however, the premium goes up to $190. I know I have to account for imputed income, on the basis of the additional employer-paid contribution to the premium, but am I…
user110309
2
votes
1 answer

Medical Insurance Premium paid by non-earning spouse - Tax Deductible?

My wife has been a non earning (looking for job) member of the family throughout this year, but has been paying for Medical Insurance Premium for whole family through her savings. She was getting Unemployment Income for first 6 months of this year.…
Kint Kant
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2 answers

LEAPs are still long-term gains?

Do I have the following correct about LEAPs and long-term gains? If I write a put option that expires in 18 months, it is a LEAP. I get the premium once the position is opened. I close out the contract 16 months later and capture 80% of the…
4thSpace
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2 answers

Can I withdraw proceeds from covered call selling?

Suppose I have the funds to buy exactly 100 shares of SPY in a regular, taxable (i.e. not 401K or IRA) account. I then sell at or in the money covered calls one year out, say Jan 2019 calls. This will result in a deposit in my account. My…
whirlaway
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