Wells Fargo Benefits. 1  Health Insurance. Health Insurance (647 comments) âThe best thing about the health coverage was that it was consistent and started on the first day you started workingâ. 2  401K Plan. 401K Plan (556 comments) âyou are able to get loans from 401k at 6% interestâ. 3  Vacation & Paid Time Off.
The premium tax credit is a government subsidy to help make health insurance premiums more affordable for middle and low-income people. The subsidy is only available to people with modified adjusted gross incomes from 100 to 400 percent of federal poverty level.
The premium assistance tax credit, established under IRC Section 36B as a part of the Affordable Care Act (also known as Obamacare), takes effect in 2014, and is intended to help make health insurance more affordable by providing a tax credit to subsidize the cost of insurance for âlowerâ income individuals.he original intent of not making the premium assistance tax credits available for those under 100% of FPL is that under the original law, they would all be covered by Medicaid as a part of the mandatory expansion of the program under the Affordable Care Act.